Parks! America (PRKA) 10-Q 11 Aug 21 2021 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Jul. 04, 2021	Aug. 09, 2021
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jul. 4, 2021
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--10-03
Entity File Number	000-51254
Registrant Name	Parks! America, Inc.
Entity Central Index Key	0001297937
Entity Tax Identification Number	91-0626756
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	1300 Oak Grove Road
Entity Address, City or Town	Pine Mountain
Entity Address, State or Province	GA
Entity Address, Postal Zip Code	31822
City Area Code	706
Local Phone Number	663-8744
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		75,124,087

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Jul. 04, 2021	Sep. 27, 2020
ASSETS
Cash	$ 5,959,859	$ 5,505,716
Accounts receivable	14,822	0
Inventory	361,418	200,891
Prepaid expenses	73,290	148,732
Total current assets	6,409,389	5,855,339
Property and equipment, net	13,936,038	13,654,800
Intangible assets, net	10,966
Other assets	15,974	12,144
Total assets	20,372,367	19,522,283
Liabilities
Accounts payable	210,146	178,485
Other current liabilities	529,877	599,390
Current portion of long-term debt, net	665,019	1,221,009
Total current liabilities	1,405,042	1,998,884
Long-term debt, net	5,163,503	5,797,392
Total liabilities	6,568,545	7,796,276
Stockholders’ equity
Common stock; 300,000,000 shares authorized, at $.001 par value; 75,124,087 and 75,021,537 shares issued and outstanding, respectively	75,124	75,021
Capital in excess of par	4,934,212	4,889,316
Treasury stock	(3,250)	(3,250)
Retained earnings	8,797,736	6,764,920
Total stockholders’ equity	13,803,822	11,726,007
Total liabilities and stockholders’ equity	$ 20,372,367	$ 19,522,283

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Jul. 04, 2021	Sep. 27, 2020
Statement of Financial Position [Abstract]
Common Stock, Shares Authorized	300,000,000	300,000,000
Common Stock, Par or Stated Value Per Share	$ 0.001	$ 0.001
Common Stock, Shares, Issued	75,124,087	75,021,537
Common Stock, Shares, Outstanding	75,124,087	75,021,537

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Jul. 04, 2021	Jun. 28, 2020	Jul. 04, 2021	Jun. 28, 2020
Income Statement [Abstract]
Net sales	$ 3,823,862	$ 3,203,527	$ 8,451,070	$ 4,917,457
Sale of animals	50,238	16,681	126,412	41,193
Total net sales	3,874,100	3,220,208	8,577,482	4,958,650
Cost of sales	496,406	288,400	1,066,253	538,165
Selling, general and administrative	1,514,013	1,032,128	4,251,507	2,646,973
Depreciation and amortization	183,883	150,833	523,890	385,833
Tornado damage insurance recovery				(24,373)
Loss on disposal of operating assets	10,320		41,041
Income from operations	1,669,478	1,748,847	2,694,791	1,412,052
Other income, net	16,996	3,293	44,315	18,797
Gain on extinguishment of debt	64,617		189,988
Interest expense	(91,958)	(64,165)	(267,578)	(99,077)
Income before income taxes	1,659,133	1,687,975	2,661,516	1,331,772
Income tax provision	392,300	421,800	628,700	344,900
Net income	$ 1,266,833	$ 1,266,175	$ 2,032,816	$ 986,872
Income per share - basic and diluted	$ 0.02	$ 0.02	$ 0.03	$ 0.01
Weighted average shares outstanding (in 000’s) - basic and diluted	75,124	75,021	75,084	74,945

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Equity (Unaudited) - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Total
Stockholders’ Equity at Sep. 29, 2019	$ 74,821	$ 4,855,516	$ (3,250)	$ 3,997,451	$ 8,924,538
Shares Outstanding at Sep. 29, 2019	74,821,537
Net income				(89,151)	(89,151)
Stockholders’ Equity at Dec. 29, 2019	$ 74,821	4,855,516	(3,250)	3,908,300	8,835,387
Shares Outstanding at Dec. 29, 2019	74,821,537
Issuance of common stock to Directors	$ 200	33,800			34,000
Issuance of common stock to Directors, shares	200,000
Net income				(190,152)	(190,152)
Stockholders’ Equity at Mar. 29, 2020	$ 75,021	4,889,316	(3,250)	3,718,148	8,679,235
Shares Outstanding at Mar. 29, 2020	75,021,537
Net income				1,266,175	1,266,175
Stockholders’ Equity at Jun. 28, 2020	$ 75,021	4,889,316	(3,250)	4,984,323	9,945,410
Shares Outstanding at Jun. 28, 2020	75,021,537
Stockholders’ Equity at Sep. 27, 2020	$ 75,021	4,889,316	(3,250)	6,764,920	11,726,007
Shares Outstanding at Sep. 27, 2020	75,021,537
Net income				227,935	227,935
Stockholders’ Equity at Jan. 03, 2021	$ 75,021	4,889,316	(3,250)	6,992,855	11,953,942
Shares Outstanding at Jan. 03, 2021	75,021,537
Issuance of common stock to Directors	$ 103	44,896			44,999
Issuance of common stock to Directors, shares	102,550
Net income				538,048	538,048
Stockholders’ Equity at Apr. 04, 2021	$ 75,124	4,934,212	(3,250)	7,530,903	12,536,989
Shares Outstanding at Apr. 04, 2021	75,124,087
Net income				1,266,833	1,266,833
Stockholders’ Equity at Jul. 04, 2021	$ 75,124	$ 4,934,212	$ (3,250)	$ 8,797,736	$ 13,803,822
Shares Outstanding at Jul. 04, 2021	75,124,087

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Jul. 04, 2021	Jun. 28, 2020
OPERATING ACTIVITIES:
Net income	$ 2,032,816	$ 986,872
Reconciliation of net income to net cash provided by operating activities:
Depreciation and amortization expense	523,890	385,833
Interest expense - debt financing cost amortization	14,894	2,625
Interest expense - loan discount amortization	13,985	2,997
Loss on disposal of assets	41,041
Stock-based compensation	44,999	34,000
Gain on extinguishment of debt	(189,988)
Changes in assets and liabilities
(Increase) decrease in accounts receivable	(14,822)
(Increase) decrease in inventory	(160,527)	1,480
(Increase) decrease in prepaid expenses	75,442	(15,396)
Increase (decrease) in accounts payable	31,661	(22,998)
Increase (decrease) in other current liabilities	(69,513)	432,004
Net cash provided by operating activities	2,343,878	1,807,417
INVESTING ACTIVITIES:
Acquisition of property and equipment	(887,473)	(461,465)
Acquisition of Aggieland Safari		(6,373,500)
Tradename registrations	(10,966)
Proceeds from the disposition of property and equipment	38,174
Net cash used in investing activities	(860,265)	(6,834,965)
FINANCING ACTIVITIES:
Payments on 2018 Term Loan	(1,164,113)	(154,446)
Payments on 2020 Term Loan	(1,063,843)
Payment of Note to Seller of Aggieland Safari	(750,000)
Proceeds from 2021 Term Loan	1,950,000
Proceeds from 2020 Term Loan		5,000,000
Proceeds from Paycheck Protection Program Loans		188,087
Debt financing costs	(1,514)	(62,375)
Net cash provided by (used in) financing activities	(1,029,470)	4,971,266
Net increase (decrease) in cash	454,143	(56,282)
Cash at beginning of period	5,505,716	3,787,815
Cash at end of period	5,959,859	3,731,533
Supplemental Cash Flow Information:
Cash paid for interest	254,452	92,352
Cash paid for income taxes	686,750	124,000
Non-Cash Investing and Financing Activities:
Note to Seller of Aggieland Safari		$ 728,500

ORGANIZATION

ORGANIZATION	9 Months Ended
	Jul. 04, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION	NOTE 1. ORGANIZATION Parks! America, Inc. (“Parks!” or the “Company”) was originally incorporated on July 30, 1954 Painted Desert Uranium & Oil Co., Inc. Nevada On December 19, 2003, Royal Pacific Resources, Inc. acquired the assets of Great Western Parks LLC pursuant to a Share Exchange Agreement that resulted in the Company assuming control and changing the corporate name to Great American Family Parks, Inc. The acquisition was accounted for as a reverse acquisition in which Great Western Parks was considered to be the acquirer of Royal Pacific Resources for reporting purposes. On June 11, 2008, the Company changed its name from Great American Family Parks, Inc. to Parks! America, Inc. The Company owns and operates through wholly owned subsidiaries three regional theme parks and is in the business of acquiring, developing and operating local and regional theme parks and attractions in the United States. The Company’s wholly owned subsidiaries are Wild Animal Safari, Inc. a Georgia corporation (“Wild Animal – Georgia”), Wild Animal, Inc., a Missouri corporation (“Wild Animal – Missouri”), and Aggieland-Parks, Inc., a Texas corporation (“Aggieland Wild Animal – Texas”). Wild Animal – Georgia owns and operates the Wild Animal Safari theme park in Pine Mountain, Georgia (the “Georgia Park”). Wild Animal – Missouri owns and operates the Wild Animal Safari theme park located in Strafford, Missouri (the “Missouri Park”). Aggieland Wild Animal – Texas owns and operates the Aggieland Wild Animal Safari theme park near Bryan/College Station, Texas (the “Texas Park”). The Company acquired the Georgia Park on June 13, 2005, the Missouri Park on March 5, 2008, and the Texas Park on April 27, 2020. The Company’s Parks are open year round but experience increased seasonal attendance, typically beginning in the latter half of March through early September. As a result, the Company’s combined third and fourth quarter attendance based net sales have historically ranged from 68% to 72% of its annual net sales. COVID-19 In March 2020, the World Health Organization characterized COVID-19, a disease caused by a novel strain of a coronavirus, as a pandemic. The rapid spread of COVID-19 has resulted in governmental authorities throughout the United States implementing a variety of containment measures with the objective of slowing the spread of the virus, including travel restrictions, shelter-in-place orders and business shutdowns. The COVID-19 pandemic and these containment measures have had, and could continue to have, a material impact on the Company’s business. The rapid acceleration of the COVID-19 pandemic in the United States occurred at the beginning of the Company’s annual high season. Beginning the week of March 9, 2020, the Company began to see a significant reduction in paid attendance at its Georgia and Missouri Parks. Effective April 3, 2020, the Company’s Georgia and Missouri Parks were closed as a result of shelter-in-place mandates in Georgia and Missouri. Also note that prior to the acquisition of the Texas Park, its operations were suspended for the majority of April 2020 due to a shelter-in-place mandate in Texas. In compliance with respective state issued guidelines, the Georgia Park and the Texas Park each reopened on May 1, 2020, and the Missouri Park reopened on May 4, 2020. Subsequent to reopening, attendance levels were strong at each of the Company’s three Parks for the balance of its 2020 fiscal year, which continued through the first 31 weeks of its 2021 fiscal year. However, there may be longer-term negative impacts to the Company’s business, results of operations and cash flows, and financial condition as a result of the COVID-19 pandemic. These negative impacts may include changes in customer behavior and preferences causing significant volatility or reductions in Park attendance, increases in operating expenses to comply with additional hygiene-related protocols, limitations in the Company’s ability to recruit and maintain staffing, limitations on the Company’s employees ability to work and travel, and significant changes in the economic or political conditions in the areas the Company’s Parks are located. Despite the Company’s efforts to manage these potential impacts, the ultimate impact may be material, and will depend on a number of factors beyond its control, including the duration and severity of the COVID-19 pandemic and actions by governmental authorities taken to contain its spread and mitigate its public health effects. There is also the potential for attendance levels at the Company’s Parks to moderate or decline as alternative entertainment venues reopen to full capacity once the COVID-19 pandemic has run its course or vaccines are widely adopted and proven effective. While attendance based net sales remain strong versus the comparable pre-COVID-19 period, the Company has experienced a decline in attendance based net sales and attendance for weeks 32 through 44 of its 2021 fiscal year versus the comparable period of its 2020 fiscal year. PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) July 4, 2021

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Jul. 04, 2021
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	NOTE 2. SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation Principles of Consolidation Accounting Method Estimates and Assumptions Fiscal Year End Financial and Concentrations Risk Trade Accounts Receivable 14,822 0 Inventory 361,418 200,891 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) July 4, 2021 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Property and Equipment SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT July 4, 2021 September 27, 2020 Depreciable Lives Land $ 6,389,470 $ 6,389,470 not applicable Mineral rights 276,000 276,000 25 years Ground improvements 2,552,482 2,334,172 7-25 years Buildings and structures 3,866,264 3,798,098 10-39 years Animal shelters and habitats 2,340,096 2,098,947 10-39 years Park animals 1,163,401 1,166,583 5-25 years Equipment - concession and related 327,007 232,281 3-15 years Equipment and vehicles - yard and field 618,706 556,168 3-15 years Vehicles - buses and rental 308,908 237,075 3-5 years Rides and entertainment 224,578 224,578 5-7 years Furniture and fixtures 26,057 26,057 5-10 years Projects in process 79,365 34,290 Property and equipment, cost 18,172,334 17,373,719 Less accumulated depreciation (4,236,296 ) (3,718,919 ) Property and equipment, net $ 13,936,038 $ 13,654,800 Depreciation expense for the three months ended July 4, 2021 and June 28, 2020 totaled $ 183,883 150,833 523,890 385,833 Impairment of Long-Lived Assets Other Current Liabilities SCHEDULE OF OTHER CURRENT LIABILITIES July 4, 2021 September 27, 2020 Deferred revenue $ 288,559 $ 273,386 Accrued sales taxes 100,252 69,101 Accrued wages and payroll taxes 59,927 42,774 Accrued property taxes 35,341 68,530 Accrued income taxes - 46,402 Other accrued liabilities 45,798 99,197 Other current liabilities $ 529,877 $ 599,390 Financial Instruments : The carrying amounts of financial instruments are considered by management to be their estimated fair values due to their short-term maturities or due to the fact they were entered into during the Company’s 2021 and 2020 fiscal years. Securities that are publicly traded are valued at their fair market value as of the balance sheet date presented. PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) July 4, 2021 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Revenue Recognition Revenues from Contracts with Customers Revenues from park admission fees are recognized at the point in time control transfers to the customer, which is generally when the customer accepts access to the park and the Company is entitled to payment. Park admission fee revenues from advance online ticket purchases are deferred until the customers’ visit to the parks. Revenues from retail and concession sales are generally recognized upon the concurrent receipt of payment and delivery of goods to the customer. Sales taxes billed and collected are not included in revenue. Deferred revenues from advance online admission tickets were $ 288,559 273,386 The Company periodically sells surplus animals created from the natural breeding process that occurs within the parks. All animal sales are reported as a separate revenue line item. Animal sales are recognized at a point in time when control transfer to the customer, which is generally determined when title, ownership and risk of loss pass to the customer, all of which generally occurs upon delivery of the animal. Based on the Company’s assessment of control indicators, sales are recognized when animals are delivered to the customer. The Company provides disaggregation of revenue based on geography in “ Note 10: Business Segments Advertising and Marketing Costs 258,525 194,396 704,960 431,711 Stock Based Compensation A Stock Option and Award Plan (the “Plan”) providing for incentive stock options and performance bonus awards for executives, employees, and directors was approved by the Company’s Board of Directors on February 1, 2005, however, the Plan has not been submitted to the stockholders for approval. The Plan sets aside five million ( 5,000,000 no Income Taxes PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) July 4, 2021 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) A tax position is recognized as a benefit only if it is “more-likely-than-not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than fifty percent likely of being realized on examination. For tax positions not meeting the “more-likely-than-not” test, no tax benefit is recorded. The Company has no unrecognized tax benefits under guidance related to tax uncertainties. The Company does not anticipate the unrecognized tax benefits will significantly change in the next twelve months. Any tax penalties or interest expense will be recognized in income tax expense. No Basic and Diluted Net Income (Loss) Per Share Basic and diluted net income (loss) per share is computed by dividing net income (loss) available to common stockholders by the applicable weighted average number of common shares outstanding in each period. Dividend Policy Recent Accounting Pronouncements Income Taxes In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740) Simplifying the Accounting for Income Taxes (“Update 2019-12”) Except as noted, the Company does not expect recently issued accounting standards or interpretations to have a material impact on the Company’s financial position, results of operations, cash flows or financial statement disclosures. PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) July 4, 2021

ACQUISITION

ACQUISITION	9 Months Ended
	Jul. 04, 2021
Accounting Policies [Abstract]
ACQUISITION	NOTE 3. ACQUISITION On April 27, 2020 , the Company, through a newly formed subsidiary, Aggieland-Parks, Inc., a Texas corporation, acquired substantially all the assets of Aggieland Safari LLC, Ferrill Creek Ranch LLC, and Vernell Investments LLC (combined the “Aggieland Assets”), primarily consisting of the Aggieland Safari Adventure Zoo and Safari Park (“Aggieland Safari”), including animal inventory, real estate, mineral rights, and certain equipment and other assets necessary to operate Aggieland Wild Animal – Texas. Aggieland Wild Animal – Texas is situated on 250 acres of a 450-acre property, located approximately 25 miles northeast of Bryan/College Station, Texas and 120 miles northwest of downtown Houston. The total purchase price for the Aggieland Assets was $ 7.10 million, after determination of the fair value of the seller note. The transaction was financed with a $ 5.00 million loan (the “2020 Term Loan”) from First Financial Bank, N.A. (“First Financial”), a seller note with a face value of $ 750,000 (the “Aggieland Seller Note”), and cash totaling $ 1.38 million. The 2020 Term Loan is secured by substantially all the Aggieland Assets, as well as guarantees from the Company and its subsidiaries. The 2020 Term Loan bears interest at a rate of 5.0 % per annum, has a maturity date of April 27, 2031 , and required interest only monthly payments through April 2021. The Aggieland Seller Note represented a deferred portion of the purchase price, bore no interest, matured on June 30, 2021, and was secured by a second priority subordinated lien and security interest in the acquired mineral rights and the animal inventory. The Company applied a 2.5% discount rate to determine a fair value of $ 728,500 for the Aggieland Seller Note as of April 27, 2020. The following table sets forth the purchase consideration paid to the members of Aggieland Safari and the amount of assets acquired and liabilities assumed as of the acquisition date: SCHEDULE OF SOURCES OF CONSIDERATION PAID TO AGGIELAND SAFARI MEMBERS Sources of consideration paid to Aggieland Safari Members: Cash advances $ 125,000 Cash at closing 1,250,000 2020 Term Loan 5,000,000 Aggieland Seller Note 728,500 Less cash received (1,500 ) Total consideration $ 7,102,000 Purchase price allocation: Inventories $ 10,000 Property and equipment 7,131,000 Deferred revenue (39,000 ) Total net assets acquired $ 7,102,000 The purchase price has been allocated based on an estimate of the fair value of assets acquired and liabilities assumed as of the acquisition date. The determination of estimated fair value requires management to make significant estimates and assumptions. The following table presents supplemental pro forma information for the nine month period ended June 28, 2020 as if the acquisition had occurred at the beginning of the Company’s 2020 fiscal year. The unaudited pro forma information includes adjustments for depreciation expense on property and equipment acquired, interest expense on debt incurred related to the acquisition, and the related income tax effects, as well as the elimination of property and equipment impairment charges recorded by Aggieland Safari prior to the acquisition. The pro forma financial information is not necessarily indicative of the results of operations that would have occurred had the transaction been effected at the beginning of the Company’s 2020 fiscal year. SCHEDULE OF SUPPLEMENTAL PRO FORMA INFORMATION For the nine months ended June 28, 2020 Total net sales $ 5,617,050 Net income $ 803,860 Income per share - basic and diluted $ 0.01 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) July 4, 2021

LONG-TERM DEBT

LONG-TERM DEBT	9 Months Ended
	Jul. 04, 2021
Debt Disclosure [Abstract]
LONG-TERM DEBT	NOTE 4. LONG-TERM DEBT On June 18, 2021 1.95 2021 Term Loan 3.75 payable in monthly installments 26,480 June 18, 2028 1,514 1.95 On July 11, 2018 , the Company, through its wholly owned subsidiary Wild Animal – Georgia, completed a refinancing transaction (the “2018 Refinancing”) with Synovus. The 2018 Refinancing included a term loan in the original principal amount of $ 1.6 million (the “ 2018 Term Loan ”). The 2018 Term Loan had an interest rate of 5.0 % per annum and was payable in monthly payments of approximately $ 22,672 , based on a seven-year amortization period. The 2018 Term Loan had a maturity date of June 11, 2021 , with an option to renew at 5.0% per annum for an additional 49-month term. The 2018 Term Loan was secured by a security deed on the assets of Wild Animal – Georgia. The Company paid a total of approximately $ 15,680 in fees and expenses in connection with the 2018 Refinancing. The 2021 Term Loan replaced the Company’s 2018 Term Loan with Synovus, which had an outstanding balance of $ 1.02 million , which was paid off with the proceeds of the 2021 Term Loan. On April 27, 2020 2020 Term Loan 5.00 secured by substantially all the Aggieland Wild Animal – Texas assets, as well as guarantees from the Company and its subsidiaries. 5.0 53,213 62,375 June 30, 2021 1.00 3.94 The Aggieland Seller Note represented a deferred portion of the Aggieland Wild Animal – Texas purchase price, had a face value of $ 750,000 , bore no interest, matured on June 30, 2021, and was secured by a second priority subordinated lien and security interest in the acquired mineral rights and the animal inventory. The Company applied a 2.5% discount rate to determine a fair value of $ 728,500 for the Aggieland Seller Note as of April 27, 2020, with the resulting $ 21,500 discount amortized as interest expense over the period of the Aggieland Seller Note. On June 29, 2021, the Company paid off the Aggieland Seller Note. As a result of the initial negative economic impacts and uncertainties caused by the COVID-19 pandemic, Wild Animal – Georgia and Wild Animal – Missouri each applied for Paycheck Protection Program (“PPP”) loans. On April 14, 2020 and April 16, 2020 unsecured 188,087 1.0 125,371 64,617 Interest expense of $ 91,958 64,165 10,937 1,505 4,706 2,997 267,578 99,077 14,894 2,625 13,985 2,997 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) July 4, 2021 NOTE 4. LONG-TERM DEBT (CONTINUED) The following table represents the aggregate of the Company’s outstanding long-term debt: SCHEDULE OF DEBT July 4, 2021 September 27, 2020 As of July 4, 2021 September 27, 2020 Loan principal outstanding $ 5,885,797 $ 7,089,053 Less: unamortized debt financing costs (57,275 ) (70,652 ) Gross long-term debt 5,828,522 7,018,401 Less current portion of long-term debt, net of unamortized costs and discount (665,019 ) (1,221,009 ) Long-term debt $ 5,163,503 $ 5,797,392 As of July 4, 2021, the scheduled future principal maturities of the Company’s long-term debt by fiscal year are as follows: SCHEDULE OF MATURITIES OF LONG-TERM DEBT 2021 168,668 2022 705,284 2023 738,577 2024 773,470 2025 810,041 thereafter 2,689,757 Total $ 5,885,797

LINE OF CREDIT

LINE OF CREDIT	9 Months Ended
	Jul. 04, 2021
Debt Disclosure [Abstract]
LINE OF CREDIT	NOTE 5. LINE OF CREDIT July 11, 2018 , the Company, through its wholly owned subsidiary Wild Animal – Georgia, completed the 2018 Refinancing with Synovus . The 2018 Refinancing included a line of credit of up to $ 350,000 (the “2018 LOC”). The 2018 LOC was scheduled to mature July 11, 2021 , with an option to renew for an additional three-year term

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	9 Months Ended
	Jul. 04, 2021
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 6. STOCKHOLDERS’ EQUITY Shares of common stock issued for service to the Company are valued based on market price on the date of the award. On December 18, 2020, the Company declared its annual compensation award to six Directors for their service on the Board of Directors. Each Director was awarded $ 10,000 0.4388 102,550 60,000 On December 5, 2019, the Company declared its annual compensation award to four Directors for their service on the Board of Directors. Each Director was awarded $ 8,500 200,000 0.17 34,000 Officers, Directors and their controlled entities own approximately 52.8 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) July 4, 2021

SIGNIFICANT TRANSACTIONS WITH R

SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES	9 Months Ended
	Jul. 04, 2021
Related Party Transactions [Abstract]
SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES	NOTE 7. SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES Effective as of June 1, 2020 Company and Dale Van Voorhis, the Company’s Chairman and Chief Executive Officer, entered into an employment agreement 100,000 two years Effective as of January 1, 2019 Company and Todd R. White, the Company’s Chief Financial Officer, entered into an employment agreement three years 70,000 75,000 80,000 90,000 Effective as of May 1, 2018 Company entered into an employment agreement with Michael D. Newman 95,000 5,000 108,000 five years As of July 4, 2021, the Company has not adopted any deferred compensation plans. Each of the foregoing employment agreements contains provisions for severance compensation in the event an agreement is (i) terminated early by the Company without cause ($ 191,667 456,667 141,500

INCOME TAXES

INCOME TAXES	9 Months Ended
	Jul. 04, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 8. INCOME TAXES For the nine month period ended July 4, 2021, the Company reported pre-tax income of $ 2.66 . For the fiscal year ending October 3, 2021, the Company expects to generate pre-tax income and to record a tax provision at a blended effective federal and state income tax rate of approximately 25.0 %. The Company recorded a net income tax provision of $ 628,700 for the nine month period ended July 4, 2021, comprised of a federal expense of $ 484,900 and a State of Georgia expense of $ 143,800 . The Company’s net income tax provision of $ 344,900 for the nine month period ended June 28, 2020, comprised of a federal expense of $ 263,200 and a State of Georgia expense of $ 81,700 .

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Jul. 04, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 9. COMMITMENTS AND CONTINGENCIES On February 17, 2021, two children of James Meikle, the Company’s former President and Chief Operating Officer, filed a Complaint in the Eighth Judicial District Court, Clark County, Nevada (case no. A-21-829563-C), alleging the Company was obligated under Mr. Meikle’s Employment Agreement to purchase at least $ 540,000 540,000 On May 21, 2019, the Company’s Missouri Park was struck by a tornado and sustained property damage, primarily to the “walk about”, the more traditional zoo-like section of the park, as well as to several auxiliary buildings. The park was closed at the time of this event and no employees were injured. While a few animals sustained non-life threatening injuries, no animals were killed or escaped. As a result of the tornado damage, through September 29, 2019, the Company had written-off $ 56,339 24,105 66,376 71,478 24,373 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) July 4, 2021 NOTE 9. COMMITMENTS AND CONTINGENCIES (CONTINUED) Except as noted above, the Company is not a party to any pending legal proceeding, nor is its property the subject of a pending legal proceeding, that is not in the ordinary course of business or otherwise material to the financial condition of its business. None of the Company’s directors, officers or affiliates is involved in a proceeding adverse to its business or has a material interest adverse to its business.

BUSINESS SEGMENTS

BUSINESS SEGMENTS	9 Months Ended
	Jul. 04, 2021
Segment Reporting [Abstract]
BUSINESS SEGMENTS	NOTE 10. BUSINESS SEGMENTS The Company manages its operations on an individual location basis. Discrete financial information is maintained for each Park and provided to management for review and as a basis for decision-making. The primary performance measures used to allocate resources are Park earnings before interest and tax expense, and free cash flow. The following tables present financial information regarding each of the Company’s reportable segments: SCHEDULE OF REVENUE BY REPORTING SEGMENTS July 4, 2021 June 28, 2020 July 4, 2021 June 28, 2020 For the three months ended For the nine months ended July 4, 2021 June 28, 2020 July 4, 2021 June 28, 2020 Total net sales: Georgia $ 2,724,847 $ 2,376,593 $ 5,903,635 $ 3,906,651 Missouri 618,185 464,540 1,157,862 672,924 Texas 531,068 379,075 1,515,985 379,075 Consolidated $ 3,874,100 $ 3,220,208 $ 8,577,482 $ 4,958,650 Total net sales $ 3,874,100 $ 3,220,208 $ 8,577,482 $ 4,958,650 Income (loss) before income taxes: Georgia $ 1,721,101 $ 1,666,295 $ 3,401,355 $ 2,077,917 Missouri 158,419 123,448 (1,768 ) (190,241 ) Texas (31,482 ) 126,432 (26,948 ) 126,432 Segment total 1,848,038 1,916,175 3,372,639 2,014,108 Corporate (178,560 ) (167,328 ) (677,848 ) (602,056 ) Other income, net 16,996 3,293 44,315 18,797 Gain on extinguishment of debt 64,617 - 189,988 - Interest expense (91,958 ) (64,165 ) (267,578 ) (99,077 ) Consolidated $ 1,659,133 $ 1,687,975 $ 2,661,516 $ 1,331,772 Income (loss) before income taxes $ 1,659,133 $ 1,687,975 $ 2,661,516 $ 1,331,772 July 4, 2021 September 27, 2020 As of July 4, 2021 September 27, 2020 Total assets: Georgia $ 9,316,404 $ 8,352,457 Missouri 3,127,815 3,120,166 Texas 7,736,779 7,919,577 Corporate 191,369 130,083 Consolidated $ 20,372,367 $ 19,522,283 Total assets $ 20,372,367 $ 19,522,283

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Jul. 04, 2021
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS The Company has analyzed its operations subsequent to July 4, 2021 to the date these financial statements were issued and has determined that no material subsequent events have occurred from the date of these unaudited consolidated financial statements through the date of this filing.

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Jul. 04, 2021
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation
Principles of Consolidation	Principles of Consolidation
Accounting Method	Accounting Method
Estimates and Assumptions	Estimates and Assumptions
Fiscal Year End	Fiscal Year End
Financial and Concentrations Risk	Financial and Concentrations Risk
Trade Accounts Receivable	Trade Accounts Receivable 14,822 0
Inventory	Inventory 361,418 200,891 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) July 4, 2021 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Property and Equipment	Property and Equipment SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT July 4, 2021 September 27, 2020 Depreciable Lives Land $ 6,389,470 $ 6,389,470 not applicable Mineral rights 276,000 276,000 25 years Ground improvements 2,552,482 2,334,172 7-25 years Buildings and structures 3,866,264 3,798,098 10-39 years Animal shelters and habitats 2,340,096 2,098,947 10-39 years Park animals 1,163,401 1,166,583 5-25 years Equipment - concession and related 327,007 232,281 3-15 years Equipment and vehicles - yard and field 618,706 556,168 3-15 years Vehicles - buses and rental 308,908 237,075 3-5 years Rides and entertainment 224,578 224,578 5-7 years Furniture and fixtures 26,057 26,057 5-10 years Projects in process 79,365 34,290 Property and equipment, cost 18,172,334 17,373,719 Less accumulated depreciation (4,236,296 ) (3,718,919 ) Property and equipment, net $ 13,936,038 $ 13,654,800 Depreciation expense for the three months ended July 4, 2021 and June 28, 2020 totaled $ 183,883 150,833 523,890 385,833
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets
Other Current Liabilities	Other Current Liabilities SCHEDULE OF OTHER CURRENT LIABILITIES July 4, 2021 September 27, 2020 Deferred revenue $ 288,559 $ 273,386 Accrued sales taxes 100,252 69,101 Accrued wages and payroll taxes 59,927 42,774 Accrued property taxes 35,341 68,530 Accrued income taxes - 46,402 Other accrued liabilities 45,798 99,197 Other current liabilities $ 529,877 $ 599,390
Financial Instruments	Financial Instruments : The carrying amounts of financial instruments are considered by management to be their estimated fair values due to their short-term maturities or due to the fact they were entered into during the Company’s 2021 and 2020 fiscal years. Securities that are publicly traded are valued at their fair market value as of the balance sheet date presented. PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) July 4, 2021 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Revenue Recognition	Revenue Recognition Revenues from Contracts with Customers Revenues from park admission fees are recognized at the point in time control transfers to the customer, which is generally when the customer accepts access to the park and the Company is entitled to payment. Park admission fee revenues from advance online ticket purchases are deferred until the customers’ visit to the parks. Revenues from retail and concession sales are generally recognized upon the concurrent receipt of payment and delivery of goods to the customer. Sales taxes billed and collected are not included in revenue. Deferred revenues from advance online admission tickets were $ 288,559 273,386 The Company periodically sells surplus animals created from the natural breeding process that occurs within the parks. All animal sales are reported as a separate revenue line item. Animal sales are recognized at a point in time when control transfer to the customer, which is generally determined when title, ownership and risk of loss pass to the customer, all of which generally occurs upon delivery of the animal. Based on the Company’s assessment of control indicators, sales are recognized when animals are delivered to the customer. The Company provides disaggregation of revenue based on geography in “ Note 10: Business Segments
Advertising and Marketing Costs	Advertising and Marketing Costs 258,525 194,396 704,960 431,711
Stock Based Compensation	Stock Based Compensation A Stock Option and Award Plan (the “Plan”) providing for incentive stock options and performance bonus awards for executives, employees, and directors was approved by the Company’s Board of Directors on February 1, 2005, however, the Plan has not been submitted to the stockholders for approval. The Plan sets aside five million ( 5,000,000 no
Income Taxes	Income Taxes PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) July 4, 2021 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) A tax position is recognized as a benefit only if it is “more-likely-than-not” that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than fifty percent likely of being realized on examination. For tax positions not meeting the “more-likely-than-not” test, no tax benefit is recorded. The Company has no unrecognized tax benefits under guidance related to tax uncertainties. The Company does not anticipate the unrecognized tax benefits will significantly change in the next twelve months. Any tax penalties or interest expense will be recognized in income tax expense. No
Basic and Diluted Net Income (Loss) Per Share	Basic and Diluted Net Income (Loss) Per Share Basic and diluted net income (loss) per share is computed by dividing net income (loss) available to common stockholders by the applicable weighted average number of common shares outstanding in each period.
Dividend Policy	Dividend Policy
Recent Accounting Pronouncements	Recent Accounting Pronouncements Income Taxes In December 2019, the FASB issued ASU 2019-12, Income Taxes (Topic 740) Simplifying the Accounting for Income Taxes (“Update 2019-12”) Except as noted, the Company does not expect recently issued accounting standards or interpretations to have a material impact on the Company’s financial position, results of operations, cash flows or financial statement disclosures.

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Jul. 04, 2021
Accounting Policies [Abstract]
SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT	SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT July 4, 2021 September 27, 2020 Depreciable Lives Land $ 6,389,470 $ 6,389,470 not applicable Mineral rights 276,000 276,000 25 years Ground improvements 2,552,482 2,334,172 7-25 years Buildings and structures 3,866,264 3,798,098 10-39 years Animal shelters and habitats 2,340,096 2,098,947 10-39 years Park animals 1,163,401 1,166,583 5-25 years Equipment - concession and related 327,007 232,281 3-15 years Equipment and vehicles - yard and field 618,706 556,168 3-15 years Vehicles - buses and rental 308,908 237,075 3-5 years Rides and entertainment 224,578 224,578 5-7 years Furniture and fixtures 26,057 26,057 5-10 years Projects in process 79,365 34,290 Property and equipment, cost 18,172,334 17,373,719 Less accumulated depreciation (4,236,296 ) (3,718,919 ) Property and equipment, net $ 13,936,038 $ 13,654,800
SCHEDULE OF OTHER CURRENT LIABILITIES	SCHEDULE OF OTHER CURRENT LIABILITIES July 4, 2021 September 27, 2020 Deferred revenue $ 288,559 $ 273,386 Accrued sales taxes 100,252 69,101 Accrued wages and payroll taxes 59,927 42,774 Accrued property taxes 35,341 68,530 Accrued income taxes - 46,402 Other accrued liabilities 45,798 99,197 Other current liabilities $ 529,877 $ 599,390

ACQUISITION (Tables)

ACQUISITION (Tables)	9 Months Ended
	Jul. 04, 2021
Accounting Policies [Abstract]
SCHEDULE OF SOURCES OF CONSIDERATION PAID TO AGGIELAND SAFARI MEMBERS	The following table sets forth the purchase consideration paid to the members of Aggieland Safari and the amount of assets acquired and liabilities assumed as of the acquisition date: SCHEDULE OF SOURCES OF CONSIDERATION PAID TO AGGIELAND SAFARI MEMBERS Sources of consideration paid to Aggieland Safari Members: Cash advances $ 125,000 Cash at closing 1,250,000 2020 Term Loan 5,000,000 Aggieland Seller Note 728,500 Less cash received (1,500 ) Total consideration $ 7,102,000 Purchase price allocation: Inventories $ 10,000 Property and equipment 7,131,000 Deferred revenue (39,000 ) Total net assets acquired $ 7,102,000
SCHEDULE OF SUPPLEMENTAL PRO FORMA INFORMATION	SCHEDULE OF SUPPLEMENTAL PRO FORMA INFORMATION For the nine months ended June 28, 2020 Total net sales $ 5,617,050 Net income $ 803,860 Income per share - basic and diluted $ 0.01

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	9 Months Ended
	Jul. 04, 2021
Debt Disclosure [Abstract]
SCHEDULE OF DEBT	The following table represents the aggregate of the Company’s outstanding long-term debt: SCHEDULE OF DEBT July 4, 2021 September 27, 2020 As of July 4, 2021 September 27, 2020 Loan principal outstanding $ 5,885,797 $ 7,089,053 Less: unamortized debt financing costs (57,275 ) (70,652 ) Gross long-term debt 5,828,522 7,018,401 Less current portion of long-term debt, net of unamortized costs and discount (665,019 ) (1,221,009 ) Long-term debt $ 5,163,503 $ 5,797,392
SCHEDULE OF MATURITIES OF LONG-TERM DEBT	As of July 4, 2021, the scheduled future principal maturities of the Company’s long-term debt by fiscal year are as follows: SCHEDULE OF MATURITIES OF LONG-TERM DEBT 2021 168,668 2022 705,284 2023 738,577 2024 773,470 2025 810,041 thereafter 2,689,757 Total $ 5,885,797

BUSINESS SEGMENTS (Tables)

BUSINESS SEGMENTS (Tables)	9 Months Ended
	Jul. 04, 2021
Segment Reporting [Abstract]
SCHEDULE OF REVENUE BY REPORTING SEGMENTS	The following tables present financial information regarding each of the Company’s reportable segments: SCHEDULE OF REVENUE BY REPORTING SEGMENTS July 4, 2021 June 28, 2020 July 4, 2021 June 28, 2020 For the three months ended For the nine months ended July 4, 2021 June 28, 2020 July 4, 2021 June 28, 2020 Total net sales: Georgia $ 2,724,847 $ 2,376,593 $ 5,903,635 $ 3,906,651 Missouri 618,185 464,540 1,157,862 672,924 Texas 531,068 379,075 1,515,985 379,075 Consolidated $ 3,874,100 $ 3,220,208 $ 8,577,482 $ 4,958,650 Total net sales $ 3,874,100 $ 3,220,208 $ 8,577,482 $ 4,958,650 Income (loss) before income taxes: Georgia $ 1,721,101 $ 1,666,295 $ 3,401,355 $ 2,077,917 Missouri 158,419 123,448 (1,768 ) (190,241 ) Texas (31,482 ) 126,432 (26,948 ) 126,432 Segment total 1,848,038 1,916,175 3,372,639 2,014,108 Corporate (178,560 ) (167,328 ) (677,848 ) (602,056 ) Other income, net 16,996 3,293 44,315 18,797 Gain on extinguishment of debt 64,617 - 189,988 - Interest expense (91,958 ) (64,165 ) (267,578 ) (99,077 ) Consolidated $ 1,659,133 $ 1,687,975 $ 2,661,516 $ 1,331,772 Income (loss) before income taxes $ 1,659,133 $ 1,687,975 $ 2,661,516 $ 1,331,772 July 4, 2021 September 27, 2020 As of July 4, 2021 September 27, 2020 Total assets: Georgia $ 9,316,404 $ 8,352,457 Missouri 3,127,815 3,120,166 Texas 7,736,779 7,919,577 Corporate 191,369 130,083 Consolidated $ 20,372,367 $ 19,522,283 Total assets $ 20,372,367 $ 19,522,283

ORGANIZATION (Details Narrative

ORGANIZATION (Details Narrative)	9 Months Ended
	Jul. 04, 2021
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Entity incorporation, date of incorporation	Jul. 30, 1954
Entity information, former legal or registered name	Painted Desert Uranium & Oil Co., Inc.
Entity incorporation, state or country code	NV

SCHEDULE OF PROPERTY, PLANT AND

SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)	9 Months Ended
	Jul. 04, 2021	Sep. 27, 2020
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 18,172,334	$ 17,373,719
Less accumulated depreciation	(4,236,296)	(3,718,919)
Property and equipment, net	13,936,038	13,654,800
Land [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 6,389,470	6,389,470
Depreciable lives	not applicable
Mineral rights [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 276,000	276,000
Depreciable lives	25 years
Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 2,552,482	2,334,172
Depreciable lives	7-25 years
Building [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 3,866,264	3,798,098
Depreciable lives	10-39 years
Animal shelters and habitats [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 2,340,096	2,098,947
Depreciable lives	10-39 years
Park animals [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 1,163,401	1,166,583
Depreciable lives	5-25 years
Equipment - concession and related [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 327,007	232,281
Depreciable lives	3-15 years
Equipment and vehicles - yard and field [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 618,706	556,168
Depreciable lives	3-15 years
Vehicles - buses and rental [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 308,908	237,075
Depreciable lives	3-5 years
Rides and entertainment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 224,578	224,578
Depreciable lives	5-7 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 26,057	26,057
Depreciable lives	5-10 years
Projects in process [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 79,365	$ 34,290

SCHEDULE OF OTHER CURRENT LIABI

SCHEDULE OF OTHER CURRENT LIABILITIES (Details) - USD ($)	Jul. 04, 2021	Sep. 27, 2020
Accounting Policies [Abstract]
Deferred revenue	$ 288,559	$ 273,386
Accrued sales taxes	100,252	69,101
Accrued wages and payroll taxes	59,927	42,774
Accrued property taxes	35,341	68,530
Accrued income taxes		46,402
Other accrued liabilities	45,798	99,197
Other current liabilities	$ 529,877	$ 599,390

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended
	Jul. 04, 2021	Jun. 28, 2020	Jul. 04, 2021	Jun. 28, 2020	Sep. 27, 2020	Feb. 01, 2005
Accounting Policies [Abstract]
Accounts receivable	$ 14,822		$ 14,822		$ 0
Inventory	361,418		361,418		200,891
Depreciation and amortization	183,883	$ 150,833	523,890	$ 385,833
Deferred revenue	288,559		288,559		273,386
Marketing and advertising expense	258,525	$ 194,396	704,960	$ 431,711
Shares for award of stock options						5,000,000
Shares for award of stock options, grants						0
Unrecognized tax benefits, income tax penalties and interest accrued	$ 0		$ 0		$ 0

SCHEDULE OF SOURCES OF CONSIDER

SCHEDULE OF SOURCES OF CONSIDERATION PAID TO AGGIELAND SAFARI MEMBERS (Details)	Apr. 27, 2020USD ($)
Accounting Policies [Abstract]
Sources of consideration paid - Cash advances	$ 125,000
Sources of consideration paid - Cash at closing	1,250,000
Sources of consideration paid - 2020 Term Loan	5,000,000
Sources of consideration paid - Aggieland Seller Note	728,500
Sources of consideration paid - Less cash received	(1,500)
Sources of consideration paid - Total consideration	7,102,000
Purchase price allocation - Inventories	10,000
Purchase price allocation - Property and equipment	7,131,000
Purchase price allocation - Deferred revenue	(39,000)
Purchase price allocation - Total net assets acquired	$ 7,102,000

SCHEDULE OF SUPPLEMENTAL PRO FO

SCHEDULE OF SUPPLEMENTAL PRO FORMA INFORMATION (Details)	9 Months Ended
	Jun. 28, 2020USD ($)$ / shares
Accounting Policies [Abstract]
Total net sales	$ 5,617,050
Net income	$ 803,860
Income per share - basic and diluted | $ / shares	$ 0.01

ACQUISITION (Details Narrative)

ACQUISITION (Details Narrative) - USD ($)	Apr. 27, 2020	Jul. 04, 2021
Asset Acquisition, Contingent Consideration [Line Items]
Payments to Acquire Businesses, Gross	$ 1,380,000
2020 Term Loan from First Financial [Member]
Asset Acquisition, Contingent Consideration [Line Items]
Debt Instrument, Face Amount	$ 5,000,000
Debt Instrument, Interest Rate, Stated Percentage	5.00%
Debt Instrument, Maturity Date	Apr. 27, 2031
Aggieland Seller Note [Member]
Asset Acquisition, Contingent Consideration [Line Items]
Debt Instrument, Face Amount	$ 750,000
Debt Instrument, Maturity Date		Jun. 30, 2021
Long-term Debt, Fair Value	728,500
Aggiel and Safari LLC [Member]
Asset Acquisition, Contingent Consideration [Line Items]
Asset Acquisition, Effective Date of Acquisition		Apr. 27, 2020
Asset Acquisition, Price of Acquisition, Expected	$ 7,100,000

SCHEDULE OF DEBT (Details)

SCHEDULE OF DEBT (Details) - USD ($)	Jul. 04, 2021	Sep. 27, 2020
Debt Disclosure [Abstract]
Loan principal outstanding	$ 5,885,797	$ 7,089,053
Less: unamortized debt financing costs	(57,275)	(70,652)
Gross long-term debt	5,828,522	7,018,401
Less current portion of long-term debt, net of unamortized costs and discount	(665,019)	(1,221,009)
Long-term debt	$ 5,163,503	$ 5,797,392

SCHEDULE OF MATURITIES OF LONG-

SCHEDULE OF MATURITIES OF LONG-TERM DEBT (Details)	Jul. 04, 2021USD ($)
Debt Disclosure [Abstract]
2021	$ 168,668
2022	705,284
2023	738,577
2024	773,470
2025	810,041
thereafter	2,689,757
Total long-term debt	$ 5,885,797

LONG-TERM DEBT (Details Narrati

LONG-TERM DEBT (Details Narrative) - USD ($)	Jun. 18, 2021	Apr. 27, 2020	Jul. 11, 2018	Jul. 04, 2021	Apr. 04, 2021	Jun. 28, 2020	Jul. 04, 2021	Jun. 28, 2020	Apr. 16, 2020
Short-term Debt [Line Items]
Long-term debt				$ 5,885,797			$ 5,885,797
Gain on extinguishment of debt				64,617			189,988
Interest expense				91,958		64,165	267,578	99,077
Interest expense - debt financing cost amortization				10,937		1,505	14,894	2,625
Interest expense - loan discount amortization				4,706		$ 2,997	$ 13,985	$ 2,997
Two Thousand Twenty One Refinancing With Synovus [Member]
Short-term Debt [Line Items]
Debt Instrument, Issuance Date							Jun. 18, 2021
Two Thousand Twenty One Term Loan [Member]
Short-term Debt [Line Items]
Debt instrument, face amount	$ 1,950,000
Debt Instrument, Interest Rate, Stated Percentage	3.75%
Periodic payment description			payable in monthly installments
Debt Instrument, Maturity Date							Jun. 18, 2028
Debt Instrument, Fee Amount	$ 1,514
Long-term debt				1,950,000			$ 1,950,000
Two Thousand Twenty One Term Loan From First Financial [Member]
Short-term Debt [Line Items]
Debt Instrument, Description							2021 Term Loan
Two Thousand Eighteen Term Loan [Member]
Short-term Debt [Line Items]
Debt instrument, face amount			$ 1,600,000
Debt Instrument, Interest Rate, Stated Percentage			5.00%
Periodic payment description			payable in monthly payments
Periodic payment of term loan	$ 26,480		$ 22,672
Debt Instrument, Maturity Date							Jun. 11, 2021
Debt Instrument, Fee Amount			15,680
Long-term debt			$ 1,020,000
Debt instrument, collateral							secured by a security deed on the assets of Wild Animal – Georgia.
2018 Refinancing with Synovus [Member]
Short-term Debt [Line Items]
Debt Instrument, Issuance Date							Jul. 11, 2018
Debt Instrument, Maturity Date							Jul. 11, 2021
2018 Term Loan [Member]
Short-term Debt [Line Items]
Debt Instrument, Description							2018 Term Loan
Aggieland Seller Note [Member]
Short-term Debt [Line Items]
Debt Instrument, Issuance Date							Apr. 27, 2020
Debt instrument, face amount		$ 750,000
Debt Instrument, Maturity Date							Jun. 30, 2021
Long-term Debt, Fair Value		728,500
Debt Instrument, Unamortized Discount		21,500
2020 Term Loan from First Financial [Member]
Short-term Debt [Line Items]
Debt instrument, face amount		$ 5,000,000
Debt Instrument, Description							2020 Term Loan
Debt Instrument, Interest Rate, Stated Percentage		5.00%
Debt Instrument, Maturity Date		Apr. 27, 2031
Two Thousand Twenty Term Loan From First Financial [Member]
Short-term Debt [Line Items]
Debt instrument, face amount		$ 5
Debt Instrument, Interest Rate, Stated Percentage		5.00%
Periodic payment of term loan		$ 53,213
Debt Instrument, Fee Amount		62,375
Long-term debt				$ 3,940,000			$ 3,940,000
Debt instrument, collateral							secured by substantially all the Aggieland Wild Animal – Texas assets, as well as guarantees from the Company and its subsidiaries.
Prepayment of the 2020 term loan		$ 1,000,000
Paycheck Protection Program ('PPP') loans [Member]
Short-term Debt [Line Items]
Debt instrument, face amount									$ 188,087
Debt Instrument, Interest Rate, Stated Percentage				1.00%			1.00%
Debt instrument, collateral							unsecured
Gain on extinguishment of debt					$ 125,371
Paycheck Protection Program ('PPP') loans [Member] | Maximum [Member]
Short-term Debt [Line Items]
Debt Instrument, Issuance Date							Apr. 16, 2020

LINE OF CREDIT (Details Narrati

LINE OF CREDIT (Details Narrative) - 2018 Refinancing with Synovus [Member] - USD ($)	9 Months Ended
	Jul. 04, 2021	Jul. 11, 2018
Short-term Debt [Line Items]
Debt Instrument, Issuance Date	Jul. 11, 2018
Line of Credit Facility, Description	2018 Refinancing with Synovus
Line of Credit Facility, Maximum Borrowing Capacity		$ 350,000
Debt Instrument, Maturity Date	Jul. 11, 2021
Debt instrument renewal description	three-year term

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)	Jan. 11, 2021	Dec. 18, 2020	Dec. 05, 2019	Jan. 03, 2021	Dec. 29, 2019	Jul. 04, 2021
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Annual Compensation award description		On December 18, 2020, the Company declared its annual compensation award to six Directors for their service on the Board of Directors. Each Director was awarded $10,000, to be paid all in shares of the Company’s common stock, all in cash or a combination thereof, at each Director’s election. Four Directors elected to receive all shares, one Director elected to receive 50% in shares and 50% in cash, and one Director elected all cash. Based on the closing stock price of $0.4388 per share on December 18, 2020, a total of 102,550 shares were distributed on January 11, 2021. The total compensation award cost of $60,000 was reported as an expense in the three month period ended January 3, 2021.	On December 5, 2019, the Company declared its annual compensation award to four Directors for their service on the Board of Directors. Each Director was awarded $8,500, to be paid all in shares of the Company’s common stock, all in cash or a combination thereof, at each Director’s election. All four Directors elected to receive all shares, totaling 200,000 shares, based on the closing stock price of $0.17 per share on December 5, 2019, and the Company distributed each award on January 8, 2020. The total award cost of $34,000 was reported as an expense in the three month period ended December 29, 2019.
Annual compensation award to each director		$ 10,000	$ 8,500
Closing stock price		$ 0.4388	$ 0.17
Shares issued for annual compensation award	102,550		200,000
Compensation award cost				$ 60,000	$ 34,000
Officers,Directors and Controlled Entities [Member]
Deferred Compensation Arrangement with Individual, Postretirement Benefits [Line Items]
Percentage of outstanding common stock owned						52.80%

SIGNIFICANT TRANSACTIONS WITH_2

SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES (Details Narrative) - USD ($)	Jan. 01, 2021	Jun. 01, 2020	May 01, 2020	Jan. 01, 2019	May 01, 2018	Jul. 04, 2021
Without Cause [Member]
Related Party Transaction [Line Items]
Severance compensation						$ 191,667
Change in Control [Member]
Related Party Transaction [Line Items]
Severance compensation						456,667
Disability and Death [Member]
Related Party Transaction [Line Items]
Severance compensation						$ 141,500
2020 Van Voorhis Employment Agreement [Member]
Related Party Transaction [Line Items]
Related party transaction, date		Jun. 1, 2020
Related party transaction, description of transaction		Company and Dale Van Voorhis, the Company’s Chairman and Chief Executive Officer, entered into an employment agreement
Initial base annual compensation		$ 100,000
Employee agreement term		2 years
2019 White Employment Agreement [Member]
Related Party Transaction [Line Items]
Related party transaction, date				Jan. 1, 2019
Related party transaction, description of transaction				Company and Todd R. White, the Company’s Chief Financial Officer, entered into an employment agreement
Employee agreement term				3 years
Annual compensation	$ 90,000
2019 White Employment Agreement [Member] | Year One [Member]
Related Party Transaction [Line Items]
Annual compensation				$ 70,000
2019 White Employment Agreement [Member] | Year Two [Member]
Related Party Transaction [Line Items]
Annual compensation				75,000
2019 White Employment Agreement [Member] | Year Three [Member]
Related Party Transaction [Line Items]
Annual compensation				$ 80,000
Newman Employment Agreement [Member]
Related Party Transaction [Line Items]
Related party transaction, date					May 1, 2018
Related party transaction, description of transaction					Company entered into an employment agreement with Michael D. Newman
Initial base annual compensation			$ 108,000		$ 95,000
Employee agreement term					5 years
Signing bonus amount					$ 5,000

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Jul. 04, 2021	Jun. 28, 2020	Jul. 04, 2021	Jun. 28, 2020	Oct. 03, 2021
Operating Loss Carryforwards [Line Items]
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest	$ 1,659,133	$ 1,687,975	$ 2,661,516	$ 1,331,772
Income Tax Expense (Benefit)	$ 392,300	$ 421,800	628,700	344,900
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Income Tax Expense (Benefit)			484,900	263,200
State of Georgia [Member]
Operating Loss Carryforwards [Line Items]
Income Tax Expense (Benefit)			$ 143,800	$ 81,700
Forecast [Member]
Operating Loss Carryforwards [Line Items]
[custom:EffectiveFederalAndStateIncomeTaxRate]					25.00%

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)	Sep. 29, 2021	Feb. 17, 2021	Apr. 15, 2020	Sep. 29, 2019	Jul. 04, 2021	Jun. 28, 2020	Jul. 04, 2021	Jun. 28, 2020
Loss Contingencies [Line Items]
Interest and expenses					$ 91,958	$ 64,165	$ 267,578	$ 99,077
Tornado [Member]
Loss Contingencies [Line Items]
Proceeds from net book				$ 56,339
Property destroyed and incurred	$ 24,105
Improvements damage				$ 66,376
Improvements damage	$ 71,478
Proceeds from partially offsetting the cost			$ 24,373
Insurance Claims [Member]
Loss Contingencies [Line Items]
Purchase at least		$ 540,000
Interest and expenses		$ 540,000

SCHEDULE OF REVENUE BY REPORTIN

SCHEDULE OF REVENUE BY REPORTING SEGMENTS (Details) - USD ($)	3 Months Ended		9 Months Ended
	Jul. 04, 2021	Jun. 28, 2020	Jul. 04, 2021	Jun. 28, 2020	Sep. 27, 2020
Segment Reporting Information [Line Items]
Total net sales	$ 3,874,100	$ 3,220,208	$ 8,577,482	$ 4,958,650
Income (loss) before income taxes	1,659,133	1,687,975	2,661,516	1,331,772
Total assets	20,372,367		20,372,367		$ 19,522,283
Interest Expense [Member]
Segment Reporting Information [Line Items]
Income (loss) before income taxes	(91,958)	(64,165)	(267,578)	(99,077)
Georgia [Member]
Segment Reporting Information [Line Items]
Total net sales	2,724,847	2,376,593	5,903,635	3,906,651
Income (loss) before income taxes	1,721,101	1,666,295	3,401,355	2,077,917
Total assets	9,316,404		9,316,404		8,352,457
Missouri [Member]
Segment Reporting Information [Line Items]
Total net sales	618,185	464,540	1,157,862	672,924
Income (loss) before income taxes	158,419	123,448	(1,768)	(190,241)
Total assets	3,127,815		3,127,815		3,120,166
Texas [Member]
Segment Reporting Information [Line Items]
Total net sales	531,068	379,075	1,515,985	379,075
Income (loss) before income taxes	(31,482)	126,432	(26,948)	126,432
Total assets	7,736,779		7,736,779		7,919,577
Segment Total [Member]
Segment Reporting Information [Line Items]
Income (loss) before income taxes	1,848,038	1,916,175	3,372,639	2,014,108
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Income (loss) before income taxes	(178,560)	(167,328)	(677,848)	(602,056)
Total assets	191,369		191,369		$ 130,083
Other Income Net [Member]
Segment Reporting Information [Line Items]
Income (loss) before income taxes	16,996	3,293	44,315	18,797
Gain On Extinguishment Of Debt [Member]
Segment Reporting Information [Line Items]
Income (loss) before income taxes	$ 64,617		$ 189,988