<PAGE>

                                   UNITED STATES
                         SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, D.C.   20549
                                          
                                    FORM 10-QSB
                                          
                                          
            [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE 
                          SECURITIES EXCHANGE ACT OF 1934

                  For the quarterly period ended January 12, 1999
                                          
                                         OR
                                          
           [ ] TRANSITION RPEORT PURSUANT TO SECTION 13 OR 15(D)  OF THE
                          SECURITIES EXCHANGE ACT OF 1934
         For the transition period from    __________       to   __________
                                          
                                          
                           COMMISSION FILE NUMBER 0-24788
                                          
                                          
                         MACHEEZMOO MOUSE RESTAURANTS, INC.
                                          
         (Exact name of small business issuer as specified in its charter)
                                          


             OREGON                                   93-0929139
(State or other jurisdiction of            (I.R.S. Employer Identification No.)
incorporation or organization)


                          1020 SW TAYLOR STREET, SUITE 685
                               PORTLAND, OREGON 97205
                      (Address of principal executive offices)
                                          
                                    503-274-0001
                            (Issuer's telephone number)
                                          
                                          
      Check whether the issuer (1) filed all reports required to be filed by 
Section 13 or 15 (d) of the Securities Exchange Act during the past 12 months 
(or for such shorter period that the registrant was required to file Such 
reports), and (2) has been subject to such filing requirements for the past 
90 days. Yes X  No
            ---    ---
                                          
                                          
Number of shares of Common Stock outstanding at January 12, 1999: 3,985,630

Transitional Small Business Disclosure Format: Yes     No  X
                                                   ---    ---
                                          

<PAGE>
                                          
                          MACHEEZMO MOUSE RESTAURANTS, INC
                                    FORM 10-QSB
                                       INDEX
                                          
                                          
                         PART 1 - FINANCIAL INFORMATION   

<TABLE>
<CAPTION>
                                                                                           PAGE
<S>            <C>                                                                         <C>
Item 1.        Financial Statements

               Balance Sheets - January 12, 1999 and June 30, 1998                            2

               Statements of Operations - Twelve Weeks and Twenty-Eight Weeks
               Ended  January 12, 1999 and January 13, 1998.                                  3

               Statements of Cash  Flows - Twenty-Eight Weeks Ended January 12, 1998
               and  January  13, 1998                                                         4

               Notes to Financial Statements                                                  5

Item 2.        Management's Discussion and Analysis or Plan of Operation                      5


                             PART II - OTHER INFORMATION


Item 4.        Submission of Matters to a Vote of Security Holders


Item 6.        Exhibits and Reports on Form 8 - K

</TABLE>

<PAGE>

                        MACHEEZMO MOUSE RESTAURANTS, INC.
                                 BALANCE SHEETS
                                 (IN THOUSANDS)

<TABLE>
<CAPTION>
                                                                                           JANUARY 12,             JUNE 30,
                                                                                               1999                  1998
                                                                                           (UNAUDITED)             (AUDITED)
                                                                                          -------------           -----------
                           ASSETS
<S>                                                                                       <C>                     <C>
Current assets
     Cash and cash equivalents                                                                    $ 37                 $ 341
     Short-term investments in marketable securities                                               411                   511
     Inventories of food and paper                                                                 178                   109
     Non-trade receivables                                                                           4                     -
     Trade receivables                                                                              60
     Other current assets                                                                           16                    67
                                                                                          -------------           -----------
            Total current assets                                                                   706                 1,027

Property and equipment                                                                           1,472                 1,447
Accumalated depreciation                                                                          (853)                 (767)
Other assets                                                                                        20                    21
                                                                                          -------------           -----------
                                                                                               $ 1,345               $ 1,729
                                                                                          -------------           -----------
                                                                                          -------------           -----------
            LIABILITIES AND SHAREHOLDERS' EQUITY                                                             

Current liabilities
     Accounts payable                                                                            $ 171                 $ 235
     Accrued payroll and payroll related expenses                                                   75                   130
     Accrued expenses and other current liabilities                                                 19                    24
                                                                                          -------------           -----------
            Total current liabilities                                                              265                   389

Other deferred liabilities
     Deferred rent expense                                                                          72                    80
     Other liabilities                                                                              45                    45
                                                                                          -------------           -----------
            Total liabilities                                                                      382                   514

Shareholders' equity
     Preferred stock, undesignated, 5000 shares
       authorized, none issued                                                                                      -
     Common stock, 10,000 shares                                                                             
       authorized, 3,986 shares issued and outstanding                                          10,178                10,178
     Accumulated deficit                                                                        (9,215)               (8,963)
                                                                                          -------------           -----------
            Total shareholders' equity                                                             963                 1,215
                                                                                          -------------           -----------
                                                                                               $ 1,345               $ 1,729
                                                                                          -------------           -----------
                                                                                          -------------           -----------
</TABLE>

      The accompanying notes are an integral part of these financial statements.

                                       2

<PAGE>

                        MACHEEZMO MOUSE RESTAURANTS, INC.
                             STATEMENT OF OPERATIONS
                    (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
                                   (UNAUDITED)

<TABLE>
<CAPTION>

                                                              TWELVE WEEKS ENDED                    TWENTY-EIGHT WEEKS ENDED
                                                        ------------------------------           -----------------------------
                                                        JANUARY 12,        JANUARY 13,           JANUARY 12,       JANUARY 13,
                                                            1999               1998                  1999              1998
                                                       ---------------    ---------------       ---------------   ---------------
<S>                                                    <C>                <C>                   <C>               <C>
Revenues
     Restaurant operations                                    $ 1,124            $ 1,324               $ 2,795           $ 3,237
     Retail operations                                             47                  -                   244                 -
                                                       ---------------    ---------------       ---------------   ---------------
                                                                1,171              1,321                 3,039             3,237
                                                       ---------------    ---------------       ---------------   ---------------
RESTAURANT OPERATING COSTS:
     Food, beverage and packaging costs                           315                442                   803             1,121
     Restaurant labor                                             419                489                 1,012             1,172
     Other restaurant operating, expenses                         276                313                   680               734
                                                       ---------------    ---------------       ---------------   ---------------
                                                                1,010              1,244                 2,495             3,027
                                                       ---------------    ---------------       ---------------   ---------------
RETAIL OPERATING COSTS:
     Food, beverage and packaging costs                            44                  -                   133                 -
     Other operating, expenses                                     35                  -                    41                 -
                                                       ---------------    ---------------       ---------------   ---------------
                                                                   79                  -                   174                 -
                                                       ---------------    ---------------       ---------------   ---------------
DEPRECIATION AND AMORTIZATION                                      39                 46                    86               108
RETAIL DIVISION EXPENSES                                            -                 25                     -                25
GENERAL AND ADMINISTRATIVE EXPENSES                               220                264                   541               686
                                                       ---------------    ---------------       ---------------   ---------------
                                                                  259              1,579                   627             3,846
                                                       ---------------    ---------------       ---------------   ---------------
OPERATING LOSS                                                 $ (177)            $ (255)               $ (257)           $ (609)
                                                       ---------------    ---------------       ---------------   ---------------
OTHER INCOME (EXPENSE)
     Interest income                                                3                 12                     5                37
     Interest expense                                               -                  -                     -                 -
     Other                                                          -                  -                     -                 -
                                                       ---------------    ---------------       ---------------   ---------------
NET LOSS                                                       $ (174)            $ (243)               $ (252)           $ (572)
                                                       ---------------    ---------------       ---------------   ---------------
                                                       ---------------    ---------------       ---------------   ---------------
BASIC AND DILUTED LOSS PER COMMON SHARE                       $ (0.04)           $ (0.06)              $ (0.06)          $ (0.14)
                                                       ---------------    ---------------       ---------------   ---------------
                                                       ---------------    ---------------       ---------------   ---------------
BASIC AND DILUTED WEIGHTED AVERAGE
NUMBER OF COMMON SHARES OUTSTANDING                             3,986              3,986                 3,986             3,986
                                                       ---------------    ---------------       ---------------   ---------------
                                                       ---------------    ---------------       ---------------   ---------------

</TABLE>

      The accompanying notes are an integral part of these financial statements.

                                       3

<PAGE>

                        MACHEEZMO MOUSE RESTAURANTS, INC.
                             STATEMENT OF CASH FLOWS
                                 (IN THOUSANDS)

<TABLE>
<CAPTION>
                                                                                                TWENTY-EIGHT WEEKS ENDED
                                                                                        -----------------------------------------
                                                                                           JANUARY 12,             JANUARY 13,
                                                                                              1999                    1998
                                                                                           (UNAUDITED)             (UNAUDITED)
                                                                                        ------------------       ----------------
<S>                                                                                     <C>                      <C>
Cash flows from operating activities:
     Net loss                                                                                      $ (252)                $ (572)
     Adjustments to reconcile net loss to
       net cash used in operating activities:
          Depreciation and amortization                                                                86                    108
          Discount amortization on investments                                                          -                      -
          Loss on disposal of equipment                                                                 -                      -
          Net changes in operating assets and liabilities:
               Inventories                                                                            (69)                     7
               Non-trade receivables                                                                   (4)                    87
               Trade receivables                                                                      (60)
               Other current assets                                                                    51                    (45)
               Accounts payable, accrued payroll and expenses,
                  deferred rent and other liabilities                                                (125)                  (202)
          Accrued restructuring expense                                                                                     (137)
                                                                                        ------------------       ----------------
          Net cash used in operating activities                                                      (373)                  (754)
                                                                                        ------------------       ----------------
Cash flows from investing activities:
     Acquisition of property and equipment                                                            (25)                   (40)
     Purchase of marketable securities                                                               (403)                  (501)
     Proceeds from maturity of marketable securities                                                  498                    498
     Increase (decrease) in other assets                                                               (1)                     4
                                                                                        ------------------       ----------------
          Net cash (used in) provided by investing activities                                          69                    (39)
                                                                                        ------------------       ----------------
Cash flows from financing activities:
     Proceeds from exercise of stock options                                                                                   -
                                                                                        ------------------       ----------------
          Net cash provided by financing activities                                                     -                      -
                                                                                        ------------------       ----------------
Net decrease in cash and cash equivalents                                                            (304)                  (793)

Cash and cash equivalents at beginning of period                                                      341                  1,306
                                                                                        ------------------       ----------------
Cash and cash equivalents at end of period                                                           $ 37                    513
                                                                                        ------------------       ----------------
                                                                                        ------------------       ----------------
</TABLE>

      The accompanying notes are an integral part of these financial statements.

                                       4

<PAGE>

MACHEEZMO MOUSE RESTAURANTS, INC
NOTES TO FINANCIAL STATEMENTS
(IN THOUSANDS)


1. BASIS OF PRESENTATION

The accompanying unaudited financial statements as of and for the twelve and 
twenty-eight week periods ended January 12, 1999 and January 13, 1998 have 
been prepared in conformity with generally accepted accounting principles. 
The financial information as of June 30. 1998 is derived from the Macheezmo 
Mouse Restaurants, Inc. (the "Company") financial statements included in the 
Company's Annual Report on Form 10-KSB for the year ended June 30, 1998 
(fiscal 1998). Certain information or footnote disclosures normally included 
in financial statements prepared in accordance with generally accepted 
accounting principles have been condensed or omitted, pursuant to the rules 
and regulations of the Securities and Exchange Commission. In the opinion of 
management, the accompanying unaudtied financial statements include all 
adjustments necessary (which are of a normal and recurring nature) for the 
fair presentations of the results of the interim period presented.  The 
accompanying unaudited financial statements should be read in conjunction 
with the Company's audited financial statements for fiscal 1998, as included 
in the Company's Annual Report on Form 10-KSB for the year then ended. 
Operating results for the twelve and twenty-eight week periods ended January 
12, 1999 and January 13, 1998 are not necessarily indicative of the results 
that may be expected for the entire fiscal year ending June 30, 1999 (fiscal 
1999), or any portion thereof.

ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATIONS.

INTRODUCTION

The Company commenced operations in 1981 with the opening of the first 
restaurant in Portland, Oregon.  As of  January 12, 1999 the Company owned 
and operated 13 restaurants. Four restaurants were closed in Fiscal 1997 and 
one restaurant was closed in the first quarter of fiscal 1998. In February 
1998 the Company closed one additional restaurant in Portland, Oregon. The 
closing of restaurants affects the comparability of results of operations 
from period to period.
      
The company prepares statements of operations for 13 periods each year. The 
first fiscal quarter, generally consisting of the months of July through 
mid-October, includes four periods (sixteen weeks) and each of the following 
three-quarters includes three such periods (twelve or thirteen weeks). 
Because of the longer first fiscal quarter and the seasonality of its 
business, the Company's sales and operating income are typically highest in 
the first fiscal quarter. The Company's fiscal year ends on the Tuesday 
closet to June 30; June 29, 1999 for fiscal 1999. Fiscal 1998 was a 52-week 
period and fiscal 1999 will also be a 52- week period.

QUARTERLY VARIABILITY

The Company's restaurants have historically experienced higher average weekly 
sales in the first and fourth fiscal quarters. Accordingly, operating income 
margins and net income margins have been and are expected to continue to be 
higher in each of those quarters than in second and third fiscal quarters. In 
addition, the first quarter includes 16 weeks of operations, compared with 12 
or 13 weeks for each of the remaining three-quarters. Consequently, 
consecutive quarter-to-quarter comparisons of the company's results of 
operations may not be meaningful and results of any quarter are not 
necessarily indicative of the actual results for a full fiscal year.

                                       5

<PAGE>

FORWARD - LOOKING INFORMATION.

The statements concerning expected future financing requirements, cost 
reduction and retail activities and the Year 2000 issue constitutes forward 
-looking statements that are subject to risks and uncertainties. Factors that 
could materially affect future financing in the event of lower than expected 
retail and restaurant sales, increased competitive factors ( including 
increased competition, new product offerings by competitors and price 
pressures), in sales volume, changes in menu offerings, a longer than 
expected period to achieve market acceptance of any new menu or retail 
offerings, a longer than expected period to achieve market acceptance of any 
new menu or retail offerings and difficulties implementing new menu and 
retail offerings, as well as unfavorable business conditions and disruptions 
in the restaurant industry and general economy. Factors that could adversely 
affect cost reduction and retail activities include, but are not limited to, 
the industry factors and general business conditions noted above. Factors 
that could materially impact the Year 2000 issue include, but are not limited 
to, unanticipated cost associated with any required modification to the 
Company's computer systems and associated software.

                                       6

<PAGE>

RESULTS OF OPERATIONS

The following is a discussion of the results of operations for the 12 and 28 
week periods ended January 12, 1999 and January 13, 1998. The Statement of 
Operations table sets forth the percentage relationship to net sales, unless 
otherwise indicated, of certain statement of operations data. The Restaurant 
Operating Data table sets forth certain restaurant data for the periods 
indicated.

              STATEMENT OF OPERATIONS DATA

<TABLE>
<CAPTION>
                                                          TWELVE WEEKS ENDED                      TWENTY-EIGHT WEEKS ENDED
                                                    -------------------------------           --------------------------------
                                                     JANUARY 12,        JANUARY 13,            JANUARY 12,         JANUARY 13,
                                                        1999               1998                   1999                1998
                                                     -----------        -----------           ------------         -----------
<S>                                                  <C>                <C>                   <C>                  <C>
REVENUES
     Restaurant operations                              96.0%             100.0%                  92.0%              100.0%
     Retail operations                                   4.0                 -                     8.0                  -
                                                     -----------        -----------            -----------         -----------
                                                        100.0              100.0                  100.0               100.0
                                                     -----------        -----------            -----------         -----------
RESTAURANT OPERATING COSTS:
     Food, beverage and packaging costs                 26.9               33.4                   26.4                34.6
     Restaurant labor                                   35.8               36.9                   33.3                36.2
     Other restaurant operating, expenses               23.6               23.6                   22.4                22.7
                                                     -----------        -----------            -----------         -----------
                                                        86.3               93.9                   82.1                93.5
                                                     -----------        -----------            -----------         -----------
RETAIL OPERATING COSTS:
     Food, beverage and packaging costs                  3.7                 -                     4.4                  -
     Other operating, expenses                           3.0                 -                     1.3                  -
                                                     -----------        -----------            -----------         -----------
                                                         6.7                 -                     5.7                  -
                                                     -----------        -----------            -----------         -----------
DEPRECIATION AND AMORTIZATION                            3.3                3.5                    2.8                 3.3
RETAIL DIVISION EXPENSES                                  -                 1.9                     -                  0.8
GENERAL AND ADMINISTRATIVE EXPENSES                     18.8               20.0                   17.8                21.2
                                                     -----------        -----------            -----------         -----------
                                                        22.1               25.4                   20.6                25.3
                                                     -----------        -----------            -----------         -----------
OPERATING LOSS                                         (15.1)             (19.3)                  (8.4)              (18.8)
                                                     -----------        -----------            -----------         -----------
OTHER INCOME (EXPENSE)
     Interest income                                     0.3                0.9                    0.1                 1.1
     Interest expense                                     -                  -                      -                   -
     Other                                                -                  -                      -                   -
                                                     -----------        -----------            -----------         -----------
NET LOSS                                               (14.8)             (18.4)                  (8.3)              (17.7)
                                                     -----------        -----------            -----------         -----------
                                                     -----------        -----------            -----------         -----------
</TABLE>

                            RESTAURANT OPERATING DATA
<TABLE>
<CAPTION>
                                                                        TWENTY-EIGHT WEEKS ENDED
                                                                   ----------------------------------
                                                                   JANUARY 12,            JANUARY 13,
                                                                      1999                   1998
                                                                   ------------           -----------
<S>                                                                <C>                    <C>
Number of restaurants:
              Open at the beginning of the period                      13                     15
              Opened during the period                                  -                      -
              Closed during the period                                  -                     (1)
                                                                   ------------           -----------
              Open at the end of period                                13                     14
                                                                   ------------           -----------
                                                                   ------------           -----------
</TABLE>

                                       7

<PAGE>

TWELVE WEEKS  (SECOND QUARTER) AND TWENTY-EIGHT WEEKS (FIRST HALF) ENDED 
JANUARY 12, 1999 COMPARED TO TWELVE WEEKS  (SECOND QUARTER) AND TWENTY-EIGHT 
WEEKS (FIRST HALF) ENDED JANUARY 13, 1998

SALES, RESTAURANTS.  Restaurant sales decreased in the second quarter of 
fiscal 1999 by 15.1% in comparison to second quarter of fiscal 1998, and 
decreased in the first half of fiscal 1999 by 13.7% in comparison to first 
half of fiscal 1998. There were 13 restaurants operating at the end of the 
second quarter of 1999 compared to 14 restaurants operating in the same 
fiscal period of 1998. Same store restaurant sales decreased in second 
quarter of fiscal 1999 in comparison to second quarter of fiscal 1998.

SALES, RETAIL. The retail division was newly formed in the 3rd quarter of 
fiscal 1998 and therefore no comparable sales are available.

RESTAURANTS OPERATING COSTS

Food, beverage and packaging costs decreased as a percentage of sales by 6.5% 
in the second quarter of fiscal 1999 compared to same quarter in fiscal 1998, 
and decreased as a percentage of sales by 8.2% in the first half of  fiscal 
1999 compared to the first half of fiscal 1998. The Company is aggressively 
managing its cost of sales and the purchasing relationships with our vendors. 
This aggressive management has resulted in greatly improved COS numbers. 

Restaurant labor expenses consists primarily of restaurant management and 
hourly employee wages, payroll taxes, worker's compensation and group 
insurance. Labor expenses decreased as a percentage of sales by 1.1% in the 
second quarter of fiscal 1999 in comparison to same quarter ending in fiscal 
1998, and decreased as a percentage of sales by 2.9% in first half of fiscal 
1999 compared to first half of 1998.  The decreases were due to efficiencies 
in operations and salary and hourly management. As reflected in the 
management of COS, the Company is aggressively managing store level labor 
costs while at the same time improve the level of customer service for our 
patrons. The Company's current stores are located in the Portland, Oregon 
metropolitan area where unemployment is low, which has the effect of 
increasing wage levels required to attract and retain qualified employees.

Other restaurant operating expenses consist primarily of rent, utilities and 
miscellaneous supplies and services. Other restaurant operating expenses have 
remained the same in the second quarter of fiscal 1999 compared to second 
quarter of fiscal 1998, and decreased as a percentage of sales by 0.3% in the 
first half of fiscal 1999 compared to first half of fiscal 1998. The decrease 
is primarily due to efficiencies in operating systems and management.

RETAIL OPERATING COSTS

Food, beverage and packaging. . The retail division was newly formed in the 
3rd quarter of fiscal 1998 and therefore no comparable costs are available.

Other operating expenses. . The retail division was newly formed in the 3rd 
quarter of fiscal 1998 and therefore no comparable costs are available.

The Company incurred expenses of approximately $25,000 in the second quarter 
of fiscal 1998 related to the start-up of retail operations (Macheezmo 
Foods), which primarily consisted of recipe development, packaging 
development, and sales related activities.  The Company, as originally 
planned, launched its first retail contract in third quarter of fiscal 1998 
by selling fresh deli burrito's through local Costco's.  In addition to 
Costco, the Company expanded its' retail operations in fourth quarter of 
fiscal 1998 by entering into contracts with Albertson's Groceries with frozen 
burritos and Alaska Airlines with  and bulk breakfast and lunch burritos.

                                       8

<PAGE>

OTHER COSTS

Depreciation and amortization expenses decreased 0.2% in the second quarter 
of fiscal 1999 compared to second quarter of fiscal 1998, and decreased 0.5% 
In the first half of fiscal 1999 compared to first half of fiscal 1998. In 
the fourth quarter of both fiscal 1997 and 1996 the company wrote down closed 
and existing restaurant assets to their estimated fair market values in 
accordance with the adoption of Statement of Financial Accounting Standards 
No. 121, "ACCOUNTING FOR THE IMPAIRMENT OF LONG-LIVED ASSETS TO BE DISPOSED 
OF" (SFAS No. 121), thereby decreasing the amount of related depreciation 
expenses.

General and administrative expenses decreased as a percentage of sales by 
1.2% in the second quarter of fiscal 1999 compared to second quarter of 
fiscal 1998, and decreased as a percentage of sales by 3.4% in the first half 
of fiscal 1999 compared to first half of fiscal 1998. The decreases were 
primarily attributable to the reduction in the number of general and 
administrative employees, reduction in corporate spending and increased 
corporate operating efficiencies.

INCOME TAXES

The Company is in a net deferred tax position and has generated 100% net 
operating losses in the current period.  Accordingly, no provision for 
benefit from income taxes has been recorded in the accompanying statements of 
operations. The Company will continue to provide a valuation allowance for 
it's deferred tax assets until it becomes more likely than not, in 
management's assessment, that the Company's deferred tax assets will be 
realized.

NASDAQ MATTERS

Since October 1, 1997 trading in the Company's Common Stock has been 
conducted in the over the counter market on an electronic bulletin board 
established for securities that do not meet Nasdaq requirements, or in what 
are commonly referred to as "Pink Sheets".  As a result, an investor may 
likely find it more difficult to dispose of or to obtain accurate quotations 
as to the price of the Company's Common Stock than was the case when the 
Company's Common Stock was listed on the Nasdaq NMS.  In addition, after 
October 1, 1997, the Company's Common Stock is subject to "Penny Stock" rules 
that impose additional sales practice requirements on broker-dealers who sell 
such securities.  The delisting of the Company's Common Stock from Nasdaq NMS 
could adversely affect the ability or willingness of broker-dealers to sell 
the Company's Common Stock and the ability of purchasers of the Company's 
Common Stock to sell their securities in the secondary market.

ITEM 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

On November 6, 1997 at the Company's annual meeting, the holders of the 
Company's outstanding common stock took the action described below.  At the 
Company's annual meeting, 3,985,630 shares of common stock were eligible to 
vote.

1.   The shareholders elected each of William S. Warren, Jack B. Schwartz and
     Dara Dejbakhsh to Company's board of directors, by the votes indicated
     below, to serve for ensuing year.  There were no abstentions or broker 
     non-votes.
<TABLE>
     <S>                      <C>                 <C>
                              VOTES FOR           VOTES WITHHELD
     William S. Warren        3,508,091             77,575
     Jack B. Schwartz         3,512,052             73,614
     Dara Dejbakhsh           3,512,641             73,025

</TABLE>

                                       9

<PAGE>

ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a)  The exhibit filed as part of this report is listed below:

          EXHIBIT NO.
             27          Financial Date Schedule

(b)  Reports on Form 8-K:

     No reports on Form 8-K were filed during the twelve weeks ended January 12,
     1999.
     
                                       10
     
<PAGE>

     In accordance with the requirements of the Exchange Act, the registrant
     caused this report to be signed on its behalf by the undersigned thereunto
     duly authorized.
     
     
     Dated:    February 28th, 1999
     
                              MACHEEZMO MOUSE RESTAURANTS, INC
     
                              By:  WILLIAM S. WARREN
                                    President
     
                                       11