1021270--3/16/2007--FAMOUS_DAVES_OF_AMERICA_INC

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{cost, contract, operation}

{product, market, service}

{cost, operation, labor}

Our Future Revenue and Operating Income Are Dependent on Consumer Preference and Our Ability to Successfully Execute Our Plan. Competition May Reduce Our Revenue and Operating Income. Our Failure to Execute Our Franchise Program May Negatively Impact Our Revenue and Operating Income. The Inability to Develop and Construct Our Restaurants Within Projected Budgets and Time Periods Could Adversely Affect Our Business and Financial Condition. The Restaurant Industry is Subject to Extensive Government Regulation That Could Negatively Impact Our Business.

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