Parks! America (PRKA) 10-Q 11 May 22 2022 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Apr. 03, 2022	May 09, 2022
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Apr. 3, 2022
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--10-02
Entity File Number	000-51254
Entity 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
Title of 12(b) Security	Common Stock
Trading Symbol	PRKA
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		75,227,058

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($)	Apr. 03, 2022	Oct. 03, 2021
ASSETS
Cash	$ 4,674,618	$ 6,654,348
Accounts receivable	10,930	4,469
Inventory	562,291	314,103
Prepaid expenses	446,935	175,248
Total current assets	5,694,774	7,148,168
Property and equipment, net	14,585,942	13,806,868
Right of use asset, net	309,661
Intangible assets, net	10,416	10,966
Other assets	15,974	15,974
Total assets	20,616,767	20,981,976
Liabilities
Accounts payable	293,096	221,414
Other current liabilities	549,188	531,347
Current portion of finance lease obligation	157,344
Current portion of long-term debt, net	715,799	699,483
Total current liabilities	1,715,427	1,452,244
Long-term portion of finance lease obligation	151,312
Long-term debt, net	4,597,203	4,960,180
Total liabilities	6,463,942	6,412,424
Stockholders’ equity
Common stock; 300,000,000 shares authorized, at $.001 par value; 75,227,058 and 75,124,087 shares issued and outstanding, respectively	75,227	75,124
Capital in excess of par	4,987,762	4,934,212
Treasury stock		(3,250)
Retained earnings	9,089,836	9,563,466
Total stockholders’ equity	14,152,825	14,569,552
Total liabilities and stockholders’ equity	$ 20,616,767	$ 20,981,976

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Apr. 03, 2022	Oct. 03, 2021
Statement of Financial Position [Abstract]
Common stock, shares authorized	300,000,000	300,000,000
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares issued	75,227,058	75,124,087
Common stock, shares outstanding	75,227,058	75,124,087

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Apr. 03, 2022	Apr. 04, 2021	Apr. 03, 2022	Apr. 04, 2021
Income Statement [Abstract]
Net sales	$ 2,084,452	$ 2,471,733	$ 4,026,503	$ 4,627,208
Sale of animals	2,122	4,450	4,829	76,174
Total net sales	2,086,574	2,476,183	4,031,332	4,703,382
Cost of sales	342,641	309,852	625,677	569,847
Selling, general and administrative	1,556,859	1,337,649	3,533,656	2,737,494
Depreciation and amortization	192,575	172,807	385,650	340,007
(Gain) loss on disposal of operating assets		26,046	(18,000)	30,721
(Loss) income from operations	(5,501)	629,829	(495,651)	1,025,313
Other income, net	19,386	12,755	46,292	27,319
Gain on extinguishment of debt		125,371		125,371
Interest expense	(67,775)	(84,207)	(136,671)	(175,620)
(Loss) income before income taxes	(53,890)	683,748	(586,030)	1,002,383
Income tax (benefit) provision	(2,200)	145,700	(112,400)	236,400
Net (loss) income	$ (51,690)	$ 538,048	$ (473,630)	$ 765,983
(Loss) income per share - basic and diluted	$ 0	$ 0.01	$ (0.01)	$ 0.01
Weighted average shares outstanding (in 000’s) - basic and diluted	75,168	75,112	75,146	75,065

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
Beginning balance, value at Sep. 27, 2020	$ 75,021	$ 4,889,316	$ (3,250)	$ 6,764,920	$ 11,726,007
Beginning balance, shares at Sep. 27, 2020	75,021,537
Net income (loss)				227,935	227,935
Ending balance, value at Jan. 03, 2021	$ 75,021	4,889,316	(3,250)	6,992,855	11,953,942
Ending balance, shares at Jan. 03, 2021	75,021,537
Beginning balance, value at Sep. 27, 2020	$ 75,021	4,889,316	(3,250)	6,764,920	11,726,007
Beginning balance, shares at Sep. 27, 2020	75,021,537
Net income (loss)					765,983
Ending balance, value at Apr. 04, 2021	$ 75,124	4,934,212	(3,250)	7,530,903	12,536,989
Ending balance, shares at Apr. 04, 2021	75,124,087
Beginning balance, value at Jan. 03, 2021	$ 75,021	4,889,316	(3,250)	6,992,855	11,953,942
Beginning balance, shares 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 (loss)				538,048	538,048
Ending balance, value at Apr. 04, 2021	$ 75,124	4,934,212	(3,250)	7,530,903	12,536,989
Ending balance, shares at Apr. 04, 2021	75,124,087
Beginning balance, value at Oct. 03, 2021	$ 75,124	4,934,212	(3,250)	9,563,466	14,569,552
Beginning balance, shares at Oct. 03, 2021	75,124,087
Net income (loss)				(421,940)	(421,940)
Ending balance, value at Jan. 02, 2022	$ 75,124	4,934,212	(3,250)	9,141,526	14,147,612
Ending balance, shares at Jan. 02, 2022	75,124,087
Beginning balance, value at Oct. 03, 2021	$ 75,124	4,934,212	(3,250)	9,563,466	14,569,552
Beginning balance, shares at Oct. 03, 2021	75,124,087
Net income (loss)					(473,630)
Ending balance, value at Apr. 03, 2022	$ 75,227	4,987,762		9,089,836	14,152,825
Ending balance, shares at Apr. 03, 2022	75,227,058
Beginning balance, value at Jan. 02, 2022	$ 75,124	4,934,212	(3,250)	9,141,526	14,147,612
Beginning balance, shares at Jan. 02, 2022	75,124,087
Directors and Officer	$ 103	56,800			56,903
Directors and Officer, shares	102,971
Retirement of Treasury Stock		(3,250)	3,250
Retirement of Treasury Stock, shares
Net income (loss)				(51,690)	(51,690)
Ending balance, value at Apr. 03, 2022	$ 75,227	$ 4,987,762		$ 9,089,836	$ 14,152,825
Ending balance, shares at Apr. 03, 2022	75,227,058

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Apr. 03, 2022	Apr. 04, 2021
OPERATING ACTIVITIES:
Net (loss) income	$ (473,630)	$ 765,983
Reconciliation of net (loss) income to net cash (used in) provided by operating activities:
Depreciation and amortization expense	385,650	340,007
Amortization of right of use asset	154,831
Interest expense - debt financing cost amortization	2,944	3,956
Interest expense - financing lease	5,027
Interest expense - loan discount amortization		9,279
Stock-based compensation	56,903	44,999
(Gain) loss on disposal of assets	(18,000)	30,721
Gain on extinguishment of debt		(125,371)
Changes in assets and liabilities
(Increase) decrease in accounts receivable	(6,461)
(Increase) decrease in inventory	(248,188)	(143,780)
(Increase) decrease in prepaid expenses	(271,687)	30,730
Increase (decrease) in accounts payable	71,682	(37,796)
Increase (decrease) in other current liabilities	17,841	28,868
Net cash (used in) provided by operating activities	(323,088)	947,596
INVESTING ACTIVITIES:
Acquisition of property and equipment	(1,164,176)	(710,651)
Tradename registrations		(10,966)
Proceeds from the disposition of property and equipment	18,000	16,634
Net cash used in investing activities	(1,146,176)	(704,983)
FINANCING ACTIVITIES:
Payments on 2020 Term Loan	(225,392)
Payments on 2021 Term Loan	(124,211)
Principal payments on finance lease obligation	(160,863)
Payments on 2018 Term Loan		(107,686)
Net cash used in financing activities	(510,466)	(107,686)
Net (decrease) increase in cash	(1,979,730)	134,927
Cash at beginning of period	6,654,348	5,505,716
Cash at end of period	4,674,618	5,640,643
Supplemental Cash Flow Information:
Cash paid for interest	133,576	177,040
Cash paid for income taxes	200,000	276,750
Supplemental Disclosure of Noncash Investing and Financing Activities:
Right of use asset obtained in exchange for lease liability	$ 464,492

ORGANIZATION

ORGANIZATION	6 Months Ended
	Apr. 03, 2022
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 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, combined third and fourth quarter net sales have historically ranged from 68% to 72% of annual attendance based net sales. For the Company’s 2021 fiscal year, the first full year including the Texas Park, combined third and fourth quarter net sales were approximately 60% of annual attendance based 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 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 2020 fiscal year annual high season. Effective April 3, 2020, the Company’s Georgia and Missouri Parks were closed as a result of shelter-in-place mandates. 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 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 increased significantly at each of the Company’s three Parks for the balance of its 2020 fiscal year, which continued throughout its 2021 fiscal year in comparison to comparable pre-COVID-19 periods. While attendance based net sales remain higher compared to comparable pre-COVID-19 periods, the Company experienced a decline in aggregate comparable year-over-year attendance based net sales and attendance for the last 22 weeks of its 2021 fiscal year and for the first 31 weeks of its 2022 fiscal year, respectively. While the Company has experienced attendance gains and strong cash flow since the beginning of the COVID-19 pandemic, 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 attendance at one or more of our Parks, increases in operating expenses, 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 may depend on a number 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. PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) April 3, 2022

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Apr. 03, 2022
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 10,930 4,469 Inventory 562,291 314,103 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) April 3, 2022 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Property and Equipment SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT April 3, 2022 October 3, 2021 Depreciable Lives Land $ 6,389,470 $ 6,389,470 not applicable Mineral rights 276,000 276,000 25 Ground improvements 2,688,454 2,637,050 7 25 Buildings and structures 3,912,226 3,827,827 10 39 Animal shelters and habitats 2,327,860 2,282,575 10 39 Park animals 1,175,383 1,143,133 5 25 Equipment - concession and related 359,229 349,849 3 15 Equipment and vehicles - yard and field 714,796 607,347 3 15 Vehicles - buses and rental 242,901 213,951 3 5 Rides and entertainment 217,557 228,009 5 75 Furniture and fixtures 28,694 28,694 5 10 Projects in process 899,543 126,755 Property and equipment, cost 19,232,113 18,110,660 Less accumulated depreciation (4,646,171 ) (4,303,792 ) Property and equipment, net $ 14,585,942 $ 13,806,868 Depreciation expense for the three months ended April 3, 2022 and April 4, 2021 totaled $ 192,575 172,807 385,650 340,007 Intangible Assets 15 Impairment of Long-Lived Assets Other Current Liabilities SCHEDULE OF OTHER CURRENT LIABILITIES April 3, 2022 October 3, 2021 Deferred revenue $ 254,651 $ 242,318 Accrued wages and payroll taxes 120,469 81,160 Accrued sales taxes 100,057 64,396 Accrued property taxes 14,923 47,517 Other accrued liabilities 59,088 95,956 Other current liabilities $ 549,188 $ 531,347 Financial Instruments PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) April 3, 2022 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. 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 Deferred revenues from advance online admission tickets were $ 254,651 242,318 Advertising and Marketing Costs 261,764 234,290 568,235 446,435 Leases Leases Paycheck Protection Program Loan Accounting Policy PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) April 3, 2022 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) 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 The Company follows the guidance in FASB ASC 740 with respect to accounting for uncertainty in income taxes. 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 Credit Losses – Financial Instruments In June 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-13, Financial Instruments – Credit Losses (Topic 326) 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) April 3, 2022

LONG-TERM DEBT

LONG-TERM DEBT	6 Months Ended
	Apr. 03, 2022
Debt Disclosure [Abstract]
LONG-TERM DEBT	NOTE 3. LONG-TERM DEBT On June 18, 2021 1.95 3.75 payable in monthly installments 26,480 June 18, 2028 1,514 1.77 On July 11, 2018 1.6 5.0 22,672 The 2018 Term Loan had a maturity date of June 11, 2021 15,680 1.02 On April 27, 2020 7.10 5.0 2020 Term Loan 750,000 1.38 5.0 April 27, 2031 53,213 62,375 1.0 3.60 The Aggieland Seller Note represented a deferred portion of the Aggieland Wild Animal – Texas purchase price, had a face value of $ 750,000 June 30, 2021 2.5 728,500 21,500 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, the Company received two unsecured PPP loans totaling $ 188,087 two years 1.0 125,371 64,617 Interest expense of $ 67,775 84,207 1,472 1,978 136,671 175,620 2,944 3,956 3,016 5,027 4,639 9,279 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) April 3, 2022 NOTE 3. LONG-TERM DEBT (CONTINUED) The following table represents the aggregate of the Company’s outstanding long-term debt: SCHEDULE OF DEBT April 3, 2022 October 3, 2021 As of April 3, 2022 October 3, 2021 Loan principal outstanding $ 5,365,862 $ 5,715,466 Less: unamortized debt financing costs (52,860 ) (55,803 ) Net long-term debt 5,313,002 5,659,663 Less current portion of long-term debt, net of unamortized costs and discount (715,799 ) (699,483 ) Long-term debt $ 4,597,203 $ 4,960,180 As of April 3, 2022, 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 2022 $ 355,748 2023 738,667 2024 773,564 2025 810,140 2026 848,476 thereafter 1,839,267 Total $ 5,365,862

LINE OF CREDIT

LINE OF CREDIT	6 Months Ended
	Apr. 03, 2022
Debt Disclosure [Abstract]
LINE OF CREDIT	NOTE 4. LINE OF CREDIT July 11, 2018 2018 Refinancing with Synovus 350,000 July 11, 2021 three-year term

FINANCE LEASE

FINANCE LEASE	6 Months Ended
	Apr. 03, 2022
Finance Lease
FINANCE LEASE	NOTE 5. FINANCE LEASE In October 2021, the Company entered into a financing lease for certain property related to a Christmas Lights drive through display at its Missouri Park. Future minimum lease payments, by fiscal year, with the present value of such payments as of April 3, 2022, are shown in the following table: SCHEDULE OF FINANCE LEASE 2023 $ 160,863 2024 160,863 Total minimum lease payments 321,726 Less amount representing interest (13,070 ) Present value of minimum lease payments 308,656 Less current portion (157,344 ) Long-term portion of finance lease obligation $ 151,312 The property under the finance lease at April 3, 2022 is included in the accompanying balance as follows: SCHEDULE OF FINANCE LEASE RIGHT OF USE ASSETS Christmas Light Display 464,492 Less accumulated amortization (154,831 ) Right of use asset, net $ 309,661 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) April 3, 2022 NOTE 5. FINANCE LEASE (CONTINUED) The right of use asset for this equipment is being amortized over the three-year term of the lease, on a systematic basis which management believes best represents the pattern in which the Company will consume the economic benefits thereof. As such, the full annual amortization expense has been and will be recognized during the first three months of the Company’s fiscal year. The weighted-average remaining lease term is 21 months, and the weighted average discount rate is 3.75 %. The lease also includes full-service installation, maintenance, removal and storage of the right of use asset, with an annual cost of $ 63,070 , which is being treated as a period expense. The Company has the right to purchase the right of use asset during and at the end of the lease period, as follows: SCHEDULE OF FINANCE PURCHASE LEASE PERIOD RIGHT OF USE ASSET Current $ 357,228 After 2023 display 196,365 After 2024 display 35,502

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	6 Months Ended
	Apr. 03, 2022
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 13, 2021, the Company declared its annual compensation award to seven Directors for their service on the Board of Directors. Five Directors were awarded $ 10,000 2,222 7,500 0.553 84,888 61,944 On December 13, 2021, the Company awarded a non-Director officer $ 10,000 18,083 0.533 10,000 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 Officers, Directors and their controlled entities own approximately 53.0

SIGNIFICANT TRANSACTIONS WITH R

SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES	6 Months Ended
	Apr. 03, 2022
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, 2022 the Company and Todd R. White, the Company’s Chief Financial Officer, entered into an employment agreement 90,000 two years PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) April 3, 2022 NOTE 7. SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES (CONTINUED) Effective as of May 1, 2018 the Company entered into an employment agreement with Michael D. Newman 95,000 5,000 108,000 five years October 31, 2021 As of April 3, 2022, the Company has not adopted any deferred compensation plans. Two of the foregoing employment agreements contains provisions for severance compensation in the event an agreement is (i) terminated early by the Company without cause ($ 66,667 331,667 95,000

INCOME TAXES

INCOME TAXES	6 Months Ended
	Apr. 03, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 8. INCOME TAXES For the six month period ended April 3, 2022, the Company reported pre-tax loss of $ 586,030 . For the fiscal year ending October 2, 2022, 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 26.4 %. Based on a year-to-date federal pre-tax loss and State of Georgia pre-tax income, the Company recorded a net income tax benefit of $ 112,400 for the six month period ended April 3, 2022, comprised of a federal benefit of $ 125,800 and a State of Georgia expense of $ 13,400 . The Company’s net income tax provision of $ 236,400 for the six month period ended April 4, 2021, comprised of a federal expense of $ 171,000 and a State of Georgia expense of $ 65,400 .

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Apr. 03, 2022
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 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	6 Months Ended
	Apr. 03, 2022
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 April 3, 2022 April 4, 2021 April 3, 2022 April 4, 2021 For the three months ended For the six months ended April 3, 2022 April 4, 2021 April 3, 2022 April 4, 2021 Total net sales: Georgia $ 1,340,581 $ 1,609,777 $ 2,649,021 $ 3,178,788 Missouri 232,712 319,649 502,814 539,677 Texas 513,281 546,757 879,497 984,917 Consolidated $ 2,086,574 $ 2,476,183 $ 4,031,332 $ 4,703,382 Total net sales $ 2,086,574 $ 2,476,183 $ 4,031,332 $ 4,703,382 Income (loss) before income taxes: Georgia $ 383,035 $ 818,557 $ 781,805 $ 1,680,254 Missouri (169,123 ) (29,720 ) (575,032 ) (160,187 ) Texas (30,987 ) 23,479 (161,392 ) 4,534 Segment total 182,925 812,316 45,381 1,524,601 Corporate (188,426 ) (182,487 ) (541,032 ) (499,288 ) Other income, net 19,386 12,755 46,292 27,319 Gain on extinguishment of debt - 125,371 - 125,371 Interest expense (67,775 ) (84,207 ) (136,671 ) (175,620 ) Consolidated $ (53,890 ) $ 683,748 $ (586,030 ) $ 1,002,383 Income (loss) before income taxes $ (53,890 ) $ 683,748 $ (586,030 ) $ 1,002,383 April 3, 2022 October 3, 2021 As of April 3, 2022 October 3, 2021 Total assets: Georgia $ 8,786,481 $ 9,785,396 Missouri 3,424,094 3,388,808 Texas 7,867,811 7,554,842 Corporate 538,381 252,930 Consolidated $ 20,616,767 $ 20,981,976 Total assets $ 20,616,767 $ 20,981,976

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Apr. 03, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 11. SUBSEQUENT EVENTS The Company has analyzed its operations subsequent to April 3, 2022 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)	6 Months Ended
	Apr. 03, 2022
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 10,930 4,469
Inventory	Inventory 562,291 314,103
Property and Equipment	Property and Equipment SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT April 3, 2022 October 3, 2021 Depreciable Lives Land $ 6,389,470 $ 6,389,470 not applicable Mineral rights 276,000 276,000 25 Ground improvements 2,688,454 2,637,050 7 25 Buildings and structures 3,912,226 3,827,827 10 39 Animal shelters and habitats 2,327,860 2,282,575 10 39 Park animals 1,175,383 1,143,133 5 25 Equipment - concession and related 359,229 349,849 3 15 Equipment and vehicles - yard and field 714,796 607,347 3 15 Vehicles - buses and rental 242,901 213,951 3 5 Rides and entertainment 217,557 228,009 5 75 Furniture and fixtures 28,694 28,694 5 10 Projects in process 899,543 126,755 Property and equipment, cost 19,232,113 18,110,660 Less accumulated depreciation (4,646,171 ) (4,303,792 ) Property and equipment, net $ 14,585,942 $ 13,806,868 Depreciation expense for the three months ended April 3, 2022 and April 4, 2021 totaled $ 192,575 172,807 385,650 340,007
Intangible Assets	Intangible Assets 15
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets
Other Current Liabilities	Other Current Liabilities SCHEDULE OF OTHER CURRENT LIABILITIES April 3, 2022 October 3, 2021 Deferred revenue $ 254,651 $ 242,318 Accrued wages and payroll taxes 120,469 81,160 Accrued sales taxes 100,057 64,396 Accrued property taxes 14,923 47,517 Other accrued liabilities 59,088 95,956 Other current liabilities $ 549,188 $ 531,347
Financial Instruments	Financial Instruments
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. 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 Deferred revenues from advance online admission tickets were $ 254,651 242,318
Advertising and Marketing Costs	Advertising and Marketing Costs 261,764 234,290 568,235 446,435
Leases	Leases Leases
Paycheck Protection Program Loan Accounting Policy	Paycheck Protection Program Loan Accounting Policy
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 The Company follows the guidance in FASB ASC 740 with respect to accounting for uncertainty in income taxes. 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 Credit Losses – Financial Instruments In June 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-13, Financial Instruments – Credit Losses (Topic 326) 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)	6 Months Ended
	Apr. 03, 2022
Accounting Policies [Abstract]
SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT	SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT April 3, 2022 October 3, 2021 Depreciable Lives Land $ 6,389,470 $ 6,389,470 not applicable Mineral rights 276,000 276,000 25 Ground improvements 2,688,454 2,637,050 7 25 Buildings and structures 3,912,226 3,827,827 10 39 Animal shelters and habitats 2,327,860 2,282,575 10 39 Park animals 1,175,383 1,143,133 5 25 Equipment - concession and related 359,229 349,849 3 15 Equipment and vehicles - yard and field 714,796 607,347 3 15 Vehicles - buses and rental 242,901 213,951 3 5 Rides and entertainment 217,557 228,009 5 75 Furniture and fixtures 28,694 28,694 5 10 Projects in process 899,543 126,755 Property and equipment, cost 19,232,113 18,110,660 Less accumulated depreciation (4,646,171 ) (4,303,792 ) Property and equipment, net $ 14,585,942 $ 13,806,868
SCHEDULE OF OTHER CURRENT LIABILITIES	SCHEDULE OF OTHER CURRENT LIABILITIES April 3, 2022 October 3, 2021 Deferred revenue $ 254,651 $ 242,318 Accrued wages and payroll taxes 120,469 81,160 Accrued sales taxes 100,057 64,396 Accrued property taxes 14,923 47,517 Other accrued liabilities 59,088 95,956 Other current liabilities $ 549,188 $ 531,347

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	6 Months Ended
	Apr. 03, 2022
Debt Disclosure [Abstract]
SCHEDULE OF DEBT	The following table represents the aggregate of the Company’s outstanding long-term debt: SCHEDULE OF DEBT April 3, 2022 October 3, 2021 As of April 3, 2022 October 3, 2021 Loan principal outstanding $ 5,365,862 $ 5,715,466 Less: unamortized debt financing costs (52,860 ) (55,803 ) Net long-term debt 5,313,002 5,659,663 Less current portion of long-term debt, net of unamortized costs and discount (715,799 ) (699,483 ) Long-term debt $ 4,597,203 $ 4,960,180
SCHEDULE OF MATURITIES OF LONG-TERM DEBT	As of April 3, 2022, 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 2022 $ 355,748 2023 738,667 2024 773,564 2025 810,140 2026 848,476 thereafter 1,839,267 Total $ 5,365,862

FINANCE LEASE (Tables)

FINANCE LEASE (Tables)	6 Months Ended
	Apr. 03, 2022
Finance Lease
SCHEDULE OF FINANCE LEASE	SCHEDULE OF FINANCE LEASE 2023 $ 160,863 2024 160,863 Total minimum lease payments 321,726 Less amount representing interest (13,070 ) Present value of minimum lease payments 308,656 Less current portion (157,344 ) Long-term portion of finance lease obligation $ 151,312
SCHEDULE OF FINANCE LEASE RIGHT OF USE ASSETS	The property under the finance lease at April 3, 2022 is included in the accompanying balance as follows: SCHEDULE OF FINANCE LEASE RIGHT OF USE ASSETS Christmas Light Display 464,492 Less accumulated amortization (154,831 ) Right of use asset, net $ 309,661
SCHEDULE OF FINANCE PURCHASE LEASE PERIOD RIGHT OF USE ASSET	The Company has the right to purchase the right of use asset during and at the end of the lease period, as follows: SCHEDULE OF FINANCE PURCHASE LEASE PERIOD RIGHT OF USE ASSET Current $ 357,228 After 2023 display 196,365 After 2024 display 35,502

BUSINESS SEGMENTS (Tables)

BUSINESS SEGMENTS (Tables)	6 Months Ended
	Apr. 03, 2022
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 April 3, 2022 April 4, 2021 April 3, 2022 April 4, 2021 For the three months ended For the six months ended April 3, 2022 April 4, 2021 April 3, 2022 April 4, 2021 Total net sales: Georgia $ 1,340,581 $ 1,609,777 $ 2,649,021 $ 3,178,788 Missouri 232,712 319,649 502,814 539,677 Texas 513,281 546,757 879,497 984,917 Consolidated $ 2,086,574 $ 2,476,183 $ 4,031,332 $ 4,703,382 Total net sales $ 2,086,574 $ 2,476,183 $ 4,031,332 $ 4,703,382 Income (loss) before income taxes: Georgia $ 383,035 $ 818,557 $ 781,805 $ 1,680,254 Missouri (169,123 ) (29,720 ) (575,032 ) (160,187 ) Texas (30,987 ) 23,479 (161,392 ) 4,534 Segment total 182,925 812,316 45,381 1,524,601 Corporate (188,426 ) (182,487 ) (541,032 ) (499,288 ) Other income, net 19,386 12,755 46,292 27,319 Gain on extinguishment of debt - 125,371 - 125,371 Interest expense (67,775 ) (84,207 ) (136,671 ) (175,620 ) Consolidated $ (53,890 ) $ 683,748 $ (586,030 ) $ 1,002,383 Income (loss) before income taxes $ (53,890 ) $ 683,748 $ (586,030 ) $ 1,002,383 April 3, 2022 October 3, 2021 As of April 3, 2022 October 3, 2021 Total assets: Georgia $ 8,786,481 $ 9,785,396 Missouri 3,424,094 3,388,808 Texas 7,867,811 7,554,842 Corporate 538,381 252,930 Consolidated $ 20,616,767 $ 20,981,976 Total assets $ 20,616,767 $ 20,981,976

ORGANIZATION (Details Narrative

ORGANIZATION (Details Narrative)	6 Months Ended
	Apr. 03, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Entity, date of iIncorporation	Jul. 30, 1954
Entity, state or country code	NV

SCHEDULE OF PROPERTY, PLANT AND

SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)	6 Months Ended
	Apr. 03, 2022	Oct. 03, 2021
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 19,232,113	$ 18,110,660
Less accumulated depreciation	(4,646,171)	(4,303,792)
Property and equipment, net	14,585,942	13,806,868
Land [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 6,389,470	6,389,470
Property and equipment, estimated useful lives	not applicable
Mineral Rights [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 276,000	276,000
Mineral Rights [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	25 years
Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 2,688,454	2,637,050
Land Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	7 years
Land Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	25 years
Building [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 3,912,226	3,827,827
Building [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	10 years
Building [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	39 years
Animal Shelters and Habitats [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 2,327,860	2,282,575
Animal Shelters and Habitats [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	10 years
Animal Shelters and Habitats [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	39 years
Park Animals [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 1,175,383	1,143,133
Park Animals [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	5 years
Park Animals [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	25 years
Equipment Concession and Related [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 359,229	349,849
Equipment Concession and Related [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Equipment Concession and Related [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	15 years
Equipment and Vehicles Yard and Field [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 714,796	607,347
Equipment and Vehicles Yard and Field [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Equipment and Vehicles Yard and Field [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	15 years
Vehicles Buses and Rental [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 242,901	213,951
Vehicles Buses and Rental [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Vehicles Buses and Rental [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	5 years
Rides and Entertainment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 217,557	228,009
Rides and Entertainment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	5 years
Rides and Entertainment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	75 years
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 28,694	28,694
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	5 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	10 years
Projects in Process [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 899,543	$ 126,755

SCHEDULE OF OTHER CURRENT LIABI

SCHEDULE OF OTHER CURRENT LIABILITIES (Details) - USD ($)	Apr. 03, 2022	Oct. 03, 2021
Accounting Policies [Abstract]
Deferred revenue	$ 254,651	$ 242,318
Accrued wages and payroll taxes	120,469	81,160
Accrued sales taxes	100,057	64,396
Accrued property taxes	14,923	47,517
Other accrued liabilities	59,088	95,956
Other current liabilities	$ 549,188	$ 531,347

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Apr. 03, 2022	Apr. 04, 2021	Apr. 03, 2022	Apr. 04, 2021	Oct. 03, 2021	Feb. 01, 2005
Accounting Policies [Abstract]
Accounts receivable	$ 10,930		$ 10,930		$ 4,469
Inventory	562,291		562,291		314,103
Depreciation expenses	192,575	$ 172,807	$ 385,650	$ 340,007
Intangible assets amortization period			15 years
Deferred revenue	254,651		$ 254,651		242,318
Advertising and marketing expense	$ 261,764	$ 234,290	$ 568,235	$ 446,435
Stock options, number of shares authorized						5,000,000
Stock options, number of shares grants	0		0
Unrecognized tax benefits, penalties and interest accrued	$ 0		$ 0		$ 0

SCHEDULE OF DEBT (Details)

SCHEDULE OF DEBT (Details) - USD ($)	Apr. 03, 2022	Oct. 03, 2021
Debt Disclosure [Abstract]
Loan principal outstanding	$ 5,365,862	$ 5,715,466
Less: unamortized debt financing costs	(52,860)	(55,803)
Net long-term debt	5,313,002	5,659,663
Less current portion of long-term debt, net of unamortized costs and discount	(715,799)	(699,483)
Long-term debt	$ 4,597,203	$ 4,960,180

SCHEDULE OF MATURITIES OF LONG-

SCHEDULE OF MATURITIES OF LONG-TERM DEBT (Details)	Apr. 03, 2022USD ($)
Debt Disclosure [Abstract]
2022	$ 355,748
2023	738,667
2024	773,564
2025	810,140
2026	848,476
thereafter	1,839,267
Total	$ 5,365,862

LONG-TERM DEBT (Details Narrati

LONG-TERM DEBT (Details Narrative) - USD ($)	Jun. 30, 2021	Jun. 18, 2021	Apr. 27, 2020	Apr. 16, 2020	Apr. 14, 2020	Jul. 11, 2018	Apr. 03, 2022	Jul. 04, 2021	Apr. 04, 2021	Apr. 03, 2022	Apr. 04, 2021
Debt Instrument [Line Items]
Long-term debt							$ 5,365,862			$ 5,365,862
Gain on extinguishment of debt									$ 125,371		$ 125,371
Interest expense							67,775		84,207	136,671	175,620
Amoritization cost							1,472		1,978	2,944	3,956
Financial lease cost amortization							3,016			5,027
Loan discount amortization									4,639		$ 9,279
Aggieland Wild Animal [Member]
Debt Instrument [Line Items]
Asset acquisition, purchase price			$ 7,100,000
Payments to acquire businesses, cash			$ 1,380,000
2021 Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument, issuance date		Jun. 18, 2021
Debt instrument, face amount		$ 1,950,000
Interest rate		3.75%
Periodic payment description		payable in monthly installments
Periodic payment of term loan		$ 26,480
Debt instrument, maturity date		Jun. 18, 2028
Debt instrument, fee amount		$ 1,514
Long-term debt							1,770,000			1,770,000
2018 Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument, issuance date						Jul. 11, 2018
Debt instrument, face amount						$ 1,600,000
Interest rate						5.00%
Periodic payment of term loan						$ 22,672
Debt instrument, maturity date						Jun. 11, 2021
Debt instrument, fee amount						$ 15,680
Debt instrument, maturity date, description						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
Repayment of debt						$ 1,020,000
Aggieland Seller Note [Member]
Debt Instrument [Line Items]
Debt instrument, issuance date			Apr. 27, 2020
Debt instrument, face amount			$ 750,000
Debt instrument, maturity date			Jun. 30, 2021
Debt instrument discount rate			2.50%
Debt, fair value			$ 728,500
Debt discount			21,500
2020 Term Loan From First Financial [Member]
Debt Instrument [Line Items]
Debt instrument, face amount			$ 5,000,000
Interest rate			5.00%
Periodic payment of term loan			$ 53,213
Debt instrument, maturity date			Apr. 27, 2031
Debt instrument, fee amount			$ 62,375
Long-term debt							$ 3,600,000			$ 3,600,000
Debt instrument, description			2020 Term Loan
Prepayment of the 2020 term loan	$ 1,000,000
Paycheck Protection Program (PPP) Loans [Member]
Debt Instrument [Line Items]
Debt instrument, face amount				$ 188,087	$ 188,087
Interest rate				1.00%	1.00%
Debt instrument term				2 years	2 years
Gain on extinguishment of debt								$ 64,617	$ 125,371

LINE OF CREDIT (Details Narrati

LINE OF CREDIT (Details Narrative) - 2018 Refinancing With Synovus [Member]	Jul. 11, 2018USD ($)
Short-Term Debt [Line Items]
Debt instrument, issuance date	Jul. 11, 2018
Debt instrument, description	2018 Refinancing with Synovus
Line of credit, maximum borrowing capacity	$ 350,000
Maturity date	Jul. 11, 2021
Debt instrument option to renew term, description	three-year term

SCHEDULE OF FINANCE LEASE (Deta

SCHEDULE OF FINANCE LEASE (Details) - USD ($)	Apr. 03, 2022	Oct. 03, 2021
Finance Lease
2023	$ 160,863
2024	160,863
Total minimum lease payments	321,726
Less amount representing interest	(13,070)
Present value of minimum lease payments	308,656
Less current portion	(157,344)
Long-term portion of finance lease obligation	$ 151,312

SCHEDULE OF FINANCE LEASE RIGHT

SCHEDULE OF FINANCE LEASE RIGHT OF USE ASSETS (Details) - USD ($)	Apr. 03, 2022	Oct. 03, 2021
Finance Lease
Christmas Light Display	$ 464,492
Less accumulated amortization	(154,831)
Right of use asset, net	$ 309,661

SCHEDULE OF FINANCE PURCHASE LE

SCHEDULE OF FINANCE PURCHASE LEASE PERIOD RIGHT OF USE ASSET (Details)	Apr. 03, 2022USD ($)
Finance Lease
Current	$ 357,228
After 2023 display	196,365
After 2024 display	$ 35,502

FINANCE LEASE (Details Narrativ

FINANCE LEASE (Details Narrative)	6 Months Ended
	Apr. 03, 2022USD ($)
Finance Lease
Finance Lease, Weighted Average Remaining Lease Term	21 months
Finance Lease, Weighted Average Discount Rate, Percent	3.75%
Operating Lease, Cost	$ 63,070

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)	Dec. 13, 2021	Jan. 11, 2021	Dec. 18, 2020	Jan. 02, 2022	Jan. 03, 2021	Apr. 03, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Annual Compensation award description	On December 13, 2021, the Company declared its annual compensation award to seven Directors for their service on the Board of Directors. Five Directors were awarded $10,000 each, two new Directors were awarded $2,222 each, and two Directors received a total of $7,500 for serving as committee chairpersons and as a non-employee officer, with such compensation to be paid all in shares of the Company’s common stock, all in cash or a combination thereof, at each Director’s election. Five Directors elected to receive all shares, one Director elected to receive 60% in shares and 40% in cash, and one Director elected all cash. Based on the closing stock price of $0.553 per share on December 13, 2021, a total of 84,888 shares were distributed on February 21, 2022. The total compensation award cost of $61,944 was reported as an expense in the three month period ended January 2, 2022		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, with such compensation 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.
Stock price			$ 0.4388
Shares issued for annual compensation award		102,550
Compensation expense					$ 60,000
Five Directors [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Annual compensation award to each director	$ 10,000
Two Directors [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Annual compensation award to each director	2,222
Chairperson And Non Employees Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Annual compensation award to each director	$ 7,500
Seven Director [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock price	$ 0.553
Shares issued for annual compensation award	84,888
Director [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Compensation expense				$ 61,944
Non Director Officer [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Annual compensation award to each director	$ 10,000
Stock price	$ 0.533
Shares issued for annual compensation award	18,083
Compensation expense				$ 10,000
Director Six [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Annual compensation award to each director			$ 10,000
Officers Directors And Controlled Entities [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Percentage of outstanding common stock owned						53.00%

SIGNIFICANT TRANSACTIONS WITH_2

SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES (Details Narrative) - USD ($)	Jan. 01, 2022	Jun. 01, 2020	May 01, 2020	May 01, 2018	Apr. 03, 2022
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
2022 White Employment Agreement [Member]
Related Party Transaction [Line Items]
Related party transaction, date	Jan. 1, 2022
Related party transaction, description of transaction	the Company and Todd R. White, the Company’s Chief Financial Officer, entered into an employment agreement
Initial base annual compensation	$ 90,000
Employee agreement term	2 years
Newman Employment Agreement [Member]
Related Party Transaction [Line Items]
Related party transaction, date				May 1, 2018
Related party transaction, description of transaction				the 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
Resignation date				Oct. 31, 2021
2020 Van Voorhis Employment Agreement and 2022 White Employment Agreement [Member] | Terminated Early Without Cause [Member]
Related Party Transaction [Line Items]
Potential future obligation					$ 66,667
2020 Van Voorhis Employment Agreement and 2022 White Employment Agreement [Member] | Change in Control [Member]
Related Party Transaction [Line Items]
Potential future obligation					331,667
2020 Van Voorhis Employment Agreement and 2022 White Employment Agreement [Member] | Disability and Death [Member]
Related Party Transaction [Line Items]
Potential future obligation					$ 95,000

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Apr. 03, 2022	Apr. 04, 2021	Apr. 03, 2022	Apr. 04, 2021
IncomeTaxLineItems [Line Items]
Pre-tax loss	$ 53,890	$ (683,748)	$ 586,030	$ (1,002,383)
Effective federal and state income tax rate			26.40%
Income tax expense (benefit)	2,200	(145,700)	$ 112,400	(236,400)
Income tax expense (benefit)	$ (2,200)	$ 145,700	(112,400)	236,400
Domestic Tax Authority [Member]
IncomeTaxLineItems [Line Items]
Income tax expense (benefit)			125,800	(171,000)
Income tax expense (benefit)			(125,800)	171,000
State of Georgia [Member]
IncomeTaxLineItems [Line Items]
Income tax expense (benefit)			(13,400)	(65,400)
Income tax expense (benefit)			$ 13,400	$ 65,400

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - Insurance Claims [Member]	Feb. 17, 2021USD ($)
Loss Contingencies [Line Items]
Purchase at least	$ 540,000
Damages sought, value	$ 540,000

SCHEDULE OF REVENUE BY REPORTIN

SCHEDULE OF REVENUE BY REPORTING SEGMENTS (Details) - USD ($)	3 Months Ended		6 Months Ended
	Apr. 03, 2022	Apr. 04, 2021	Apr. 03, 2022	Apr. 04, 2021	Oct. 03, 2021
Segment Reporting Information [Line Items]
Total net sales	$ 2,086,574	$ 2,476,183	$ 4,031,332	$ 4,703,382
Income (loss) before income taxes	(53,890)	683,748	(586,030)	1,002,383
Other income, net	19,386	12,755	46,292	27,319
Gain on extinguishment of debt		125,371		125,371
Interest expense	(67,775)	(84,207)	(136,671)	(175,620)
Total assets	20,616,767		20,616,767		$ 20,981,976
Georgia [Member]
Segment Reporting Information [Line Items]
Total net sales	1,340,581	1,609,777	2,649,021	3,178,788
Income (loss) before income taxes	383,035	818,557	781,805	1,680,254
Total assets	8,786,481		8,786,481		9,785,396
Missouri [Member]
Segment Reporting Information [Line Items]
Total net sales	232,712	319,649	502,814	539,677
Income (loss) before income taxes	(169,123)	(29,720)	(575,032)	(160,187)
Total assets	3,424,094		3,424,094		3,388,808
Texas [Member]
Segment Reporting Information [Line Items]
Total net sales	513,281	546,757	879,497	984,917
Income (loss) before income taxes	(30,987)	23,479	(161,392)	4,534
Total assets	7,867,811		7,867,811		7,554,842
Segment Total [Member]
Segment Reporting Information [Line Items]
Income (loss) before income taxes	182,925	812,316	45,381	1,524,601
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Income (loss) before income taxes	(188,426)	$ (182,487)	(541,032)	$ (499,288)
Total assets	$ 538,381		$ 538,381		$ 252,930