Parks! America (PRKA) 10-K 15 Dec 22 2022 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Oct. 02, 2022	Dec. 09, 2022	Apr. 03, 2022
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Oct. 02, 2022
Document Fiscal Period Focus	FY
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, par value $0.001 per share
Trading Symbol	PRKA
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
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 Public Float			$ 10,506,600
Entity Common Stock, Shares Outstanding		75,227,058
Documents Incorporated by Reference [Text Block]	None
Auditor Firm ID	1808
Auditor Name	GBQ Partners LLC
Auditor Location	Columbus, Ohio

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Oct. 02, 2022	Oct. 03, 2021
ASSETS
Cash	$ 5,472,036	$ 6,654,348
Accounts receivable	4,405	4,469
Inventory	541,986	314,103
Prepaid expenses	170,782	175,248
Total current assets	6,189,209	7,148,168
Property and equipment, net	14,811,742	13,806,868
Intangible assets, net	79,565	10,966
Other assets	23,090	15,974
Total assets	21,103,606	20,981,976
Liabilities
Accounts payable	267,567	221,414
Other current liabilities	521,872	531,347
Current portion of long-term debt, net	732,779	699,483
Total current liabilities	1,522,218	1,452,244
Long-term debt, net	4,227,442	4,960,180
Total liabilities	5,749,660	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	10,290,957	9,563,466
Total stockholders’ equity	15,353,946	14,569,552
Total liabilities and stockholders’ equity	$ 21,103,606	$ 20,981,976

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Oct. 02, 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, Outstanding	75,227,058	75,124,087

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands	12 Months Ended
	Oct. 02, 2022	Oct. 03, 2021
Income Statement [Abstract]
Net sales	$ 10,610,191	$ 11,655,658
Sale of animals	131,226	206,833
Total net sales	10,741,417	11,862,491
Cost of sales	1,446,640	1,489,196
Selling, general and administrative	7,217,892	5,817,986
Depreciation and amortization	782,987	704,016
Legal settlement	100,000
(Gain) loss on disposal of operating assets	(6,738)	90,105
Income from operations	1,200,636	3,761,188
Other income, net	91,276	65,314
Gain on extinguishment of debt		189,988
Interest expense	(261,621)	(335,944)
Income before income taxes	1,030,291	3,680,546
Income tax provision	302,800	882,000
Net income	$ 727,491	$ 2,798,546
Income per share - basic and diluted	$ 0.01	$ 0.04
Weighted average shares outstanding (in 000’s) - basic and diluted	75,186	75,094

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Total
Beginning balance 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
Issuance of common stock to Directors	$ 103	44,896			44,999
Issuance of common stock to Directors, shares	102,550
Net income				2,798,546	2,798,546
Ending balance at Oct. 03, 2021	$ 75,124	4,934,212	(3,250)	9,563,466	14,569,552
Ending balance, shares at Oct. 03, 2021	75,124,087
Net income				727,491	727,491
Issuance of common stock to Directors and an Officer	$ 103	56,800			56,903
Issuance of common stock to Directors and an Officer, shares	102,971
Retirement of Treasury Stock		(3,250)	3,250
Ending balance at Oct. 02, 2022	$ 75,227	$ 4,987,762		$ 10,290,957	$ 15,353,946
Ending balance, shares at Oct. 02, 2022	75,227,058

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Oct. 02, 2022	Oct. 03, 2021
OPERATING ACTIVITIES:
Net income	$ 727,491	$ 2,798,546
Reconciliation of net income to net cash provided by operating activities:
Depreciation and amortization expense	782,987	704,016
Amortization of right of use asset	154,831
Interest expense - debt financing cost amortization	5,888	16,366
Interest expense - financing lease	6,032
Interest expense - loan discount amortization		13,985
Stock-based compensation	56,903	44,999
(Gain) loss on disposal of assets	(6,738)	90,105
Gain on extinguishment of debt		(189,988)
Changes in assets and liabilities
(Increase) decrease in accounts receivable	64	(4,469)
(Increase) decrease in inventory	(227,883)	(113,212)
(Increase) decrease in prepaid expenses	4,466	(26,516)
Increase (decrease) in accounts payable	46,153	42,929
Increase (decrease) in other current liabilities	(9,475)	(68,043)
Net cash provided by operating activities	1,540,719	3,308,718
INVESTING ACTIVITIES:
Acquisition of property and equipment	(1,839,391)	(988,901)
Intangibles	(32,500)	(10,966)
Proceeds from the disposition of property and equipment	15,053	39,943
Net cash used in investing activities	(1,856,838)	(959,924)
FINANCING ACTIVITIES:
Payments on 2020 Term Loan	(455,068)	(1,173,589)
Payments on 2021 Term Loan	(250,262)	(60,946)
Principal payments on finance lease obligation	(160,863)
Payments on 2018 Term Loan		(1,164,113)
Payment of Note to Seller of Aggieland Safari		(750,000)
Proceeds from 2021 Term Loan		1,950,000
Debt financing costs		(1,514)
Net cash used in financing activities	(866,193)	(1,200,162)
Net (decrease) increase in cash	(1,182,312)	1,148,632
Cash at beginning of period	6,654,348	5,505,716
Cash at end of period	5,472,036	6,654,348
Supplemental Cash Flow Information:
Cash paid for interest	257,009	323,197
Cash paid for income taxes	$ 321,000	$ 926,750

ORGANIZATION

ORGANIZATION	12 Months Ended
	Oct. 02, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION	NOTE 1. ORGANIZATION Parks! America, Inc. (“Parks!” or 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 was originally incorporated on July 30, 1954 Nevada The Company’s Parks are open year round, but experience increased seasonal attendance, typically beginning in the latter half of March through early September. Combined third and fourth quarter attendance based net sales were 62.1% and 60.3% of annual attendance based net sales for the Company’s 2022 and 2021 fiscal years, respectively. COVID-19 Considerations In response to the outbreak of the COVID-19 pandemic, governmental authorities throughout the United States implemented 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 Company implemented several measures to mitigate the impacts of the pandemic on our business and financial position. During the initial shutdown period, the Company reduced staffing, applied for and received Paycheck Protection Program (“PPP”) loans and reduced discretionary spending. In addition, the Company delayed closing the Texas Park acquisition to renegotiate various terms, primarily focused on reducing the cash requirements of the acquisition in the subsequent year. In early April 2020, the Company’s Georgia and Missouri Parks closed to the public due to shelter-in-place mandates. In addition, the Company’s Texas Park, was closed to the public for the month prior to its acquisition, due to a shelter-in-place mandate. In compliance with respective state issued guidelines, each of the Company’s parks reopened in early May 2020. After reopening, attendance levels increased significantly at each of the Company’s 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 comparable year-over-year attendance based net sales and attendance for the last 22 weeks of its 2021 fiscal year and for its entire 2022 fiscal year, respectively. As the COVID-19 pandemic illustrates, the Company’s future operations are dependent on factors outside of management’s knowledge or control, including the duration and severity of this pandemic or similar public health risks. Although we have experienced attendance gains and strong cash flows subsequent to reopening our parks after the initial closures at the beginning of the 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, increases in operating expenses to meet consumer expectations and perceptions, limitations in our ability to recruit and maintain staffing, as well as increasing wages required retain and recruit staff. There is also the potential for attendance levels at our parks to moderate or decline as alternative entertainment venues are now open and consumers have broader travel and entertainment options. There is also the possibility that one, or a combination of these risk factors, may a material negative impact on the Company’s business, results of operations, cash flows, and financial condition. PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 2, 2022

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Oct. 02, 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 Business Combinations Business Combinations Financial and Concentrations Risk Fair Value Accounts Receivable 4,405 4,469 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 2, 2022 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Inventory 541,986 314,103 Property and Equipment SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT October 2, 2022 October 3, 2021 Depreciable Lives Land $ 6,389,470 $ 6,389,470 not applicable Mineral rights 276,000 276,000 25 Ground improvements 2,797,694 2,637,050 7 25 Buildings and structures 3,922,106 3,827,827 10 39 Animal shelters and habitats 2,479,832 2,282,575 10 39 Park animals 1,247,777 1,143,133 5 25 Equipment - concession and related 464,988 349,849 3 15 Equipment and vehicles - yard and field 766,149 607,347 3 15 Vehicles - buses and rental 267,483 213,951 3 5 Rides and entertainment 106,247 228,009 5 7 Furniture and fixtures 28,694 28,694 5 10 Projects in process 808,526 126,755 Property and equipment, cost 19,554,966 18,110,660 Less accumulated depreciation (4,743,224 ) (4,303,792 ) Property and equipment, net $ 14,811,742 $ 13,806,868 Depreciation expense for the years ended October 2, 2022 and October 3, 2021 totaled $ 766,859 704,016 Intangible Assets 16,128 0 Impairment of Long-Lived Assets Other Current Liabilities SCHEDULE OF OTHER CURRENT LIABILITIES October 2, 2022 October 3, 2021 Deferred revenue $ 193,912 $ 242,318 Accrued wages and payroll taxes 122,265 81,160 Accrued sales taxes 49,123 64,396 Accrued property taxes 46,814 47,517 Other accrued liabilities 109,758 95,956 Other current liabilities $ 521,872 $ 531,347 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 2, 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 revenues for annual passes and memberships are deferred and recognized as revenue on a pro-rata basis over the term of the pass or membership. Park admission fee revenues from advance online ticket purchases are deferred until the customers’ visit to the parks. Advance online tickets can generally be used anytime during the one year period from the date of purchase. 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, and season passes, and memberships were $ 193,912 242,318 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 transfers 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 9: Business Segments Advertising and Marketing Costs 1,238,618 977,562 Leases Leases PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 2, 2022 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) In October 2021, the Company entered a financing lease for certain property related to a Christmas Lights drive through display at its Missouri Park. Effective September 27, 2022, the Company terminated this financing lease, acquiring the leased property related to the Christmas Lights display for $ 85,000 2,011 154,831 6,032 Paycheck Protection Program Loan Accounting Policy 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 guidance issued by the 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 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 2, 2022 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) 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.

LONG-TERM DEBT

LONG-TERM DEBT	12 Months Ended
	Oct. 02, 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 1.64 On July 11, 2018 1.6 5.0 22,672 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 15,680 1.02 On April 27, 2020 7.10 5.0 2020 Term Loan 750,000 1.38 subsidiaries. The 2020 Term Loan bears interest at a rate of 5.0 April 27, 2031 53,213 62,375 1.0 3.37 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 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 2, 2022 NOTE 3. LONG-TERM DEBT (CONTINUED) 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 PPP loans. On April 14, 2020 and April 16, 2020, the Company received two unsecured PPP loans totaling $ 188,087 two years 1.0 189,988 Interest expense of $ 261,621 335,944 5,888 16,366 6,032 13,985 The following table represents the aggregate of the Company’s outstanding long-term debt: SCHEDULE OF DEBT As of October 2, 2022 October 3, 2021 Loan principal outstanding $ 5,010,136 $ 5,715,466 Less: unamortized debt financing costs (49,915 ) (55,803 ) Gross long-term debt 4,960,221 5,659,663 Less current portion of long-term debt, net of unamortized costs and discount (732,779 ) (699,483 ) Long-term debt $ 4,227,442 $ 4,960,180 As of October 2, 2022, the scheduled future principal maturities, by fiscal year, are as follows: SCHEDULE OF MATURITIES OF LONG-TERM DEBT 2023 $ 738,666 2024 773,563 2025 810,139 2026 848,474 2027 888,656 thereafter 950,638 Total $ 5,010,136

LINE OF CREDIT

LINE OF CREDIT	12 Months Ended
	Oct. 02, 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 The Company elected to not renew the 2018 LOC PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 2, 2022

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	12 Months Ended
	Oct. 02, 2022
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 5. 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 61,944 On December 13, 2021, the Company awarded a non-director officer $ 10,000 18,083 0.553 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 $ 10,000 102,550 60,000 Officers, directors and their controlled entities own approximately 53.4

SIGNIFICANT TRANSACTIONS WITH R

SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES	12 Months Ended
	Oct. 02, 2022
Related Party Transactions [Abstract]
SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES	NOTE 6. SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES Employment Agreements: Effective November 14, 2022 Company and Lisa Brady, the Company’s President and Chief Executive Officer, entered into an employment agreement 175,000 25 50,000 50,000 60,000 70,000 75,000 5,000 five years Effective June 1, 2022 Company and Dale Van Voorhis, the Company’s Chairman of the Board, entered into an employment agreement 100,000 50,000 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 October 2, 2022 NOTE 6. SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES (CONTINUED) 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 ($ 371,667 431,667 199,667 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

INCOME TAXES

INCOME TAXES	12 Months Ended
	Oct. 02, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 7. INCOME TAXES For the years ended October 2, 2022 and October 3, 2021, the Company reported a pre-tax profit of $ 1.03 3.68 SCHEDULE OF PROVISION FOR INCOME TAX October 2, 2021 October 3, 2021 For the year ended October 2, 2022 October 3, 2021 Federal $ 198,400 $ 688,300 State 104,400 193,700 Total tax provision $ 302,800 $ 882,000 The Company’s provision for Federal income tax consists of the following: SCHEDULE OF COMPONENTS OF FEDERAL INCOME TAX October 2, 2021 October 3, 2021 For the year ended October 2, 2022 October 3, 2021 Provision at statutory rate $ 216,361 $ 772,915 State tax benefit (21,924 ) (40,677 ) PPP loan forgiveness benefit - (39,897 ) Other 3,963 (4,041 ) Net provision for Federal income taxes $ 198,400 $ 688,300 For the fiscal years ended October 2, 2022 and October 3, 2021, the Company recorded a provision for State of Georgia income taxes of $ 104,400 193,700

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Oct. 02, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 8. 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 $ 540,000 540,000 100,000 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. PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 2, 2022

BUSINESS SEGMENTS

BUSINESS SEGMENTS	12 Months Ended
	Oct. 02, 2022
Segment Reporting [Abstract]
BUSINESS SEGMENTS	NOTE 9. BUSINESS SEGMENTS The Company manages its operations on an individual location basis. Discrete financial information is maintained for each Park and provided to corporate 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 October 2, 2022 October 3, 2021 For the year ended October 2, 2022 October 3, 2021 Total net sales: Georgia $ 7,086,232 $ 8,067,808 Missouri 1,691,602 1,792,112 Texas 1,963,583 2,002,571 Consolidated $ 10,741,417 $ 11,862,491 Total net sales $ 10,741,417 $ 11,862,491 Income (loss) before income taxes: Georgia $ 2,895,820 $ 4,517,649 Missouri (344,404 ) 202,597 Texas (254,834 ) (62,922 ) Segment total 2,296,582 4,657,324 Corporate (995,946 ) (896,136 ) Other income, net 91,276 65,314 Legal settlement (100,000 ) - Gain on extinguishment of debt - 189,988 Interest expense (261,621 ) (335,944 ) Consolidated $ 1,030,291 $ 3,680,546 Income (loss) before income taxes $ 1,030,291 $ 3,680,546 October 2, 2022 October 3, 2021 Depreciation and amortization: Georgia $ 289,961 $ 273,900 Missouri 253,182 223,338 Texas 238,744 206,778 Corporate 1,100 - Consolidated $ 782,987 $ 704,016 Depreciation and amortization $ 782,987 $ 704,016 Capital expenditures Georgia $ 695,285 $ 513,676 Missouri 601,842 251,236 Texas 542,264 223,989 Consolidated $ 1,839,391 $ 988,901 Capital expenditures $ 1,839,391 $ 988,901 October 2, 2022 October 3, 2021 As of October 2, 2022 October 3, 2021 Total assets: Georgia $ 9,402,877 $ 9,785,396 Missouri 3,468,730 3,388,808 Texas 8,074,421 7,554,842 Corporate 157,578 252,930 Consolidated $ 21,103,606 $ 20,981,976 Total assets $ 21,103,606 $ 20,981,976 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 2, 2022

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Oct. 02, 2022
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 10. FAIR VALUE MEASUREMENTS As of October 2, 2022 and October 3, 2021, the fair value of our long-term debt was $ 4.61 5.72 The respective carrying values of cash, accounts receivable, accounts payable, and accrued liabilities approximate fair value because of the short maturity of these instruments.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Oct. 02, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 11. SUBSEQUENT EVENTS The Company has analyzed its operations subsequent to October 2, 2022 to the date these financial statements were issued and has determined that no material subsequent events have occurred from the date of these consolidated financial statements, except as follows: on November 14, 2022, the Company entered into an employment agreement with Lisa Brady to serve as its President and CEO. For additional information, see “NOTE 6. SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES” herein.

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Oct. 02, 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
Business Combinations	Business Combinations Business Combinations
Financial and Concentrations Risk	Financial and Concentrations Risk
Fair Value	Fair Value
Accounts Receivable	Accounts Receivable 4,405 4,469 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 2, 2022 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Inventory	Inventory 541,986 314,103
Property and Equipment	Property and Equipment SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT October 2, 2022 October 3, 2021 Depreciable Lives Land $ 6,389,470 $ 6,389,470 not applicable Mineral rights 276,000 276,000 25 Ground improvements 2,797,694 2,637,050 7 25 Buildings and structures 3,922,106 3,827,827 10 39 Animal shelters and habitats 2,479,832 2,282,575 10 39 Park animals 1,247,777 1,143,133 5 25 Equipment - concession and related 464,988 349,849 3 15 Equipment and vehicles - yard and field 766,149 607,347 3 15 Vehicles - buses and rental 267,483 213,951 3 5 Rides and entertainment 106,247 228,009 5 7 Furniture and fixtures 28,694 28,694 5 10 Projects in process 808,526 126,755 Property and equipment, cost 19,554,966 18,110,660 Less accumulated depreciation (4,743,224 ) (4,303,792 ) Property and equipment, net $ 14,811,742 $ 13,806,868 Depreciation expense for the years ended October 2, 2022 and October 3, 2021 totaled $ 766,859 704,016
Intangible Assets	Intangible Assets 16,128 0
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets
Other Current Liabilities	Other Current Liabilities SCHEDULE OF OTHER CURRENT LIABILITIES October 2, 2022 October 3, 2021 Deferred revenue $ 193,912 $ 242,318 Accrued wages and payroll taxes 122,265 81,160 Accrued sales taxes 49,123 64,396 Accrued property taxes 46,814 47,517 Other accrued liabilities 109,758 95,956 Other current liabilities $ 521,872 $ 531,347 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 2, 2022 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 revenues for annual passes and memberships are deferred and recognized as revenue on a pro-rata basis over the term of the pass or membership. Park admission fee revenues from advance online ticket purchases are deferred until the customers’ visit to the parks. Advance online tickets can generally be used anytime during the one year period from the date of purchase. 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, and season passes, and memberships were $ 193,912 242,318 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 transfers 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 9: Business Segments
Advertising and Marketing Costs	Advertising and Marketing Costs 1,238,618 977,562
Leases	Leases Leases PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 2, 2022 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) In October 2021, the Company entered a financing lease for certain property related to a Christmas Lights drive through display at its Missouri Park. Effective September 27, 2022, the Company terminated this financing lease, acquiring the leased property related to the Christmas Lights display for $ 85,000 2,011 154,831 6,032
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 guidance issued by the 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 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 2, 2022 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
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)	12 Months Ended
	Oct. 02, 2022
Accounting Policies [Abstract]
SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT	SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT October 2, 2022 October 3, 2021 Depreciable Lives Land $ 6,389,470 $ 6,389,470 not applicable Mineral rights 276,000 276,000 25 Ground improvements 2,797,694 2,637,050 7 25 Buildings and structures 3,922,106 3,827,827 10 39 Animal shelters and habitats 2,479,832 2,282,575 10 39 Park animals 1,247,777 1,143,133 5 25 Equipment - concession and related 464,988 349,849 3 15 Equipment and vehicles - yard and field 766,149 607,347 3 15 Vehicles - buses and rental 267,483 213,951 3 5 Rides and entertainment 106,247 228,009 5 7 Furniture and fixtures 28,694 28,694 5 10 Projects in process 808,526 126,755 Property and equipment, cost 19,554,966 18,110,660 Less accumulated depreciation (4,743,224 ) (4,303,792 ) Property and equipment, net $ 14,811,742 $ 13,806,868
SCHEDULE OF OTHER CURRENT LIABILITIES	SCHEDULE OF OTHER CURRENT LIABILITIES October 2, 2022 October 3, 2021 Deferred revenue $ 193,912 $ 242,318 Accrued wages and payroll taxes 122,265 81,160 Accrued sales taxes 49,123 64,396 Accrued property taxes 46,814 47,517 Other accrued liabilities 109,758 95,956 Other current liabilities $ 521,872 $ 531,347

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	12 Months Ended
	Oct. 02, 2022
Debt Disclosure [Abstract]
SCHEDULE OF DEBT	The following table represents the aggregate of the Company’s outstanding long-term debt: SCHEDULE OF DEBT As of October 2, 2022 October 3, 2021 Loan principal outstanding $ 5,010,136 $ 5,715,466 Less: unamortized debt financing costs (49,915 ) (55,803 ) Gross long-term debt 4,960,221 5,659,663 Less current portion of long-term debt, net of unamortized costs and discount (732,779 ) (699,483 ) Long-term debt $ 4,227,442 $ 4,960,180
SCHEDULE OF MATURITIES OF LONG-TERM DEBT	As of October 2, 2022, the scheduled future principal maturities, by fiscal year, are as follows: SCHEDULE OF MATURITIES OF LONG-TERM DEBT 2023 $ 738,666 2024 773,563 2025 810,139 2026 848,474 2027 888,656 thereafter 950,638 Total $ 5,010,136

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Oct. 02, 2022
Income Tax Disclosure [Abstract]
SCHEDULE OF PROVISION FOR INCOME TAX	SCHEDULE OF PROVISION FOR INCOME TAX October 2, 2021 October 3, 2021 For the year ended October 2, 2022 October 3, 2021 Federal $ 198,400 $ 688,300 State 104,400 193,700 Total tax provision $ 302,800 $ 882,000
SCHEDULE OF COMPONENTS OF FEDERAL INCOME TAX	SCHEDULE OF COMPONENTS OF FEDERAL INCOME TAX October 2, 2021 October 3, 2021 For the year ended October 2, 2022 October 3, 2021 Provision at statutory rate $ 216,361 $ 772,915 State tax benefit (21,924 ) (40,677 ) PPP loan forgiveness benefit - (39,897 ) Other 3,963 (4,041 ) Net provision for Federal income taxes $ 198,400 $ 688,300

BUSINESS SEGMENTS (Tables)

BUSINESS SEGMENTS (Tables)	12 Months Ended
	Oct. 02, 2022
Segment Reporting [Abstract]
SCHEDULE OF REVENUE BY REPORTING SEGMENTS	SCHEDULE OF REVENUE BY REPORTING SEGMENTS October 2, 2022 October 3, 2021 For the year ended October 2, 2022 October 3, 2021 Total net sales: Georgia $ 7,086,232 $ 8,067,808 Missouri 1,691,602 1,792,112 Texas 1,963,583 2,002,571 Consolidated $ 10,741,417 $ 11,862,491 Total net sales $ 10,741,417 $ 11,862,491 Income (loss) before income taxes: Georgia $ 2,895,820 $ 4,517,649 Missouri (344,404 ) 202,597 Texas (254,834 ) (62,922 ) Segment total 2,296,582 4,657,324 Corporate (995,946 ) (896,136 ) Other income, net 91,276 65,314 Legal settlement (100,000 ) - Gain on extinguishment of debt - 189,988 Interest expense (261,621 ) (335,944 ) Consolidated $ 1,030,291 $ 3,680,546 Income (loss) before income taxes $ 1,030,291 $ 3,680,546 October 2, 2022 October 3, 2021 Depreciation and amortization: Georgia $ 289,961 $ 273,900 Missouri 253,182 223,338 Texas 238,744 206,778 Corporate 1,100 - Consolidated $ 782,987 $ 704,016 Depreciation and amortization $ 782,987 $ 704,016 Capital expenditures Georgia $ 695,285 $ 513,676 Missouri 601,842 251,236 Texas 542,264 223,989 Consolidated $ 1,839,391 $ 988,901 Capital expenditures $ 1,839,391 $ 988,901 October 2, 2022 October 3, 2021 As of October 2, 2022 October 3, 2021 Total assets: Georgia $ 9,402,877 $ 9,785,396 Missouri 3,468,730 3,388,808 Texas 8,074,421 7,554,842 Corporate 157,578 252,930 Consolidated $ 21,103,606 $ 20,981,976 Total assets $ 21,103,606 $ 20,981,976

ORGANIZATION (Details Narrative

ORGANIZATION (Details Narrative)	12 Months Ended
	Oct. 02, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Date of incorporation	Jul. 30, 1954
Incorporation state code	NV

SCHEDULE OF PROPERTY, PLANT AND

SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT (Details) - USD ($)	12 Months Ended
	Oct. 02, 2022	Oct. 03, 2021
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 19,554,966	$ 18,110,660
Less accumulated depreciation	(4,743,224)	(4,303,792)
Property and equipment, net	14,811,742	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
Property and equipment, estimated useful lives	25 years
Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 2,797,694	2,637,050
Land Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	7 years
Land Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	25 years
Building [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 3,922,106	3,827,827
Building [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	10 years
Building [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	39 years
Animal Shelters And Habitats [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 2,479,832	2,282,575
Animal Shelters And Habitats [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	10 years
Animal Shelters And Habitats [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	39 years
Park Animals [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 1,247,777	1,143,133
Park Animals [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	5 years
Park Animals [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	25 years
Equipment Concession And Related [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 464,988	349,849
Equipment Concession And Related [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	3 years
Equipment Concession And Related [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	15 years
Equipment And Vehicles Yard And Field [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 766,149	607,347
Equipment And Vehicles Yard And Field [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	3 years
Equipment And Vehicles Yard And Field [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	15 years
Vehicles Buses And Rental [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 267,483	213,951
Vehicles Buses And Rental [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	3 years
Vehicles Buses And Rental [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	5 years
Rides And Entertainment [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 106,247	228,009
Rides And Entertainment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	5 years
Rides And Entertainment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	7 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 and equipment, estimated useful lives	5 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, estimated useful lives	10 years
Projects In Process [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 808,526	$ 126,755

SCHEDULE OF OTHER CURRENT LIABI

SCHEDULE OF OTHER CURRENT LIABILITIES (Details) - USD ($)	Oct. 02, 2022	Oct. 03, 2021
Accounting Policies [Abstract]
Deferred revenue	$ 193,912	$ 242,318
Accrued wages and payroll taxes	122,265	81,160
Accrued sales taxes	49,123	64,396
Accrued property taxes	46,814	47,517
Other accrued liabilities	109,758	95,956
Other current liabilities	$ 521,872	$ 531,347

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)		12 Months Ended
	Sep. 27, 2022	Oct. 02, 2022	Oct. 03, 2021	Jul. 03, 2022	Feb. 01, 2005
Lessee, Lease, Description [Line Items]
Accounts receivable		$ 4,405	$ 4,469
Inventory		541,986	314,103
Depreciation expenses		766,859	704,016
Amortization of intangible assets		16,128	0
Deferred revenue		193,912	242,318
Advertising and marketing expense		1,238,618	977,562
Amortization of right of use asset		154,831
Financing lease interest expense		6,032
Stock options, number of shares authorized					5,000,000
Stock options, number of shares grants				0
Unrecognized tax benefits, penalties and interest accrued		$ 0	$ 0
Christmas Lights Display [Member]
Lessee, Lease, Description [Line Items]
Payment to acquire equipment on lease	$ 85,000
Gain on termination of lease	$ 2,011

SCHEDULE OF DEBT (Details)

SCHEDULE OF DEBT (Details) - USD ($)	Oct. 02, 2022	Oct. 03, 2021
Debt Disclosure [Abstract]
Loan principal outstanding	$ 5,010,136	$ 5,715,466
Less: unamortized debt financing costs	(49,915)	(55,803)
Gross long-term debt	4,960,221	5,659,663
Less current portion of long-term debt, net of unamortized costs and discount	(732,779)	(699,483)
Long-term debt	$ 4,227,442	$ 4,960,180

SCHEDULE OF MATURITIES OF LONG-

SCHEDULE OF MATURITIES OF LONG-TERM DEBT (Details)	Oct. 02, 2022 USD ($)
Debt Disclosure [Abstract]
2023	$ 738,666
2024	773,563
2025	810,139
2026	848,474
2027	888,656
thereafter	950,638
Total	$ 5,010,136

LONG-TERM DEBT (Details Narrati

LONG-TERM DEBT (Details Narrative) - USD ($)							12 Months Ended
	Jun. 30, 2021	Jun. 18, 2021	Apr. 27, 2020	Apr. 16, 2020	Apr. 14, 2020	Jul. 11, 2018	Oct. 02, 2022	Oct. 03, 2021
Short-Term Debt [Line Items]
Long-term debt							$ 5,010,136
Debt, fair value							4,610,000	$ 5,720,000
Gain on extinguishment of debt								189,988
Interest expense							261,621	335,944
Interest expense - debt financing cost amortization							5,888	16,366
Financing lease interest expense							6,032
Interest expense loan discount amortization								13,985
Aggieland Wild Animal [Member]
Short-Term Debt [Line Items]
Asset acquisition, purchase price			$ 7,100,000
Payments to acquire businesses, cash			$ 1,380,000
2021 Term Loan [Member]
Short-Term Debt [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
Maturity date		Jun. 18, 2028
Debt instrument, fee amount		$ 1,514
Long-term debt							1,640,000
2018 Term Loan [Member]
Short-Term Debt [Line Items]
Debt instrument, issuance date						Jul. 11, 2018
Debt instrument, face amount						$ 1,600,000
Interest Rate						5%
Periodic payment of term loan						$ 22,672
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]
Short-Term Debt [Line Items]
Debt instrument, issuance date			Apr. 27, 2020
Debt instrument, face amount			$ 750,000
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]
Short-Term Debt [Line Items]
Debt instrument, face amount			$ 5,000,000
Interest Rate			5%
Periodic payment of term loan			$ 53,213
Maturity date			Apr. 27, 2031
Debt instrument, fee amount			$ 62,375
Long-term debt							$ 3,370,000
Debt instrument, description			2020 Term Loan
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	$ 188,087
Interest Rate				1%	1%
Debt instrument term				2 years	2 years
Gain on extinguishment of debt								$ 189,988

LINE OF CREDIT (Details Narrati

LINE OF CREDIT (Details Narrative) - 2018 Refinancing With Synovus [Member]	Jul. 11, 2018 USD ($)
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
Line of credit facility, renew description	The Company elected to not renew the 2018 LOC

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)				3 Months Ended
	Dec. 13, 2021	Jan. 11, 2021	Dec. 18, 2020	Jan. 02, 2022	Jan. 03, 2021	Oct. 02, 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
Compensation expense					$ 60,000
Shares issued for annual compensation award		102,550
Officers Directors And Controlled Entities [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Percentage of outstanding common stock owned						53.40%
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]
Additional aggregate compensation	$ 7,500
Seven Director [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock price	$ 0.553
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	$ 0.553
Compensation expense				$ 10,000
Shares issued for annual compensation award	18,083
Director Six [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Annual compensation award to each director			$ 10,000

SIGNIFICANT TRANSACTIONS WITH_2

SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES (Details Narrative) - USD ($)						11 Months Ended	12 Months Ended
	Nov. 14, 2022	Jun. 01, 2022	Jan. 01, 2022	May 01, 2020	May 01, 2018	May 31, 2023	May 31, 2024	Oct. 02, 2022
Without Cause [Member]
Related Party Transaction [Line Items]
Severance compensation								$ 371,667
Change in Control [Member]
Related Party Transaction [Line Items]
Severance compensation								431,667
Disability and Death [Member]
Related Party Transaction [Line Items]
Severance compensation								$ 199,667
2022 Van Voorhis Employment Agreement [Member]
Related Party Transaction [Line Items]
Related party transaction, date		Jun. 01, 2022
Related party transaction, description of transaction		Company and Dale Van Voorhis, the Company’s Chairman of the Board, entered into an employment agreement
2022 Van Voorhis Employment Agreement [Member] | Forecast [Member]
Related Party Transaction [Line Items]
Initial base annual compensation						$ 100,000	$ 50,000
2022 White Employment Agreement [Member]
Related Party Transaction [Line Items]
Related party transaction, date			Jan. 01, 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 01, 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
Brady Employment Agreement [Member]
Related Party Transaction [Line Items]
Related party transaction, date	Nov. 14, 2022
Related party transaction, description of transaction	Company and Lisa Brady, the Company’s President and Chief Executive Officer, entered into an employment agreement
Initial base annual compensation	$ 175,000
Percentage of annual performance incentive	25%
Related party transaction, description of transaction	$ 50,000
Contractual obligation year one	50,000
Contractual obligation year two	60,000
Contractual obligation year three	70,000
Contractual obligation year four	75,000
Sign on bonus	$ 5,000
Employee agreement term	5 years

SCHEDULE OF PROVISION FOR INCOM

SCHEDULE OF PROVISION FOR INCOME TAX (Details) - USD ($)	12 Months Ended
	Oct. 02, 2022	Oct. 03, 2021
Income Tax Disclosure [Abstract]
Federal	$ 198,400	$ 688,300
State	104,400	193,700
Total tax provision	$ 302,800	$ 882,000

SCHEDULE OF COMPONENTS OF FEDER

SCHEDULE OF COMPONENTS OF FEDERAL INCOME TAX (Details) - USD ($)	12 Months Ended
	Oct. 02, 2022	Oct. 03, 2021
Income Tax Disclosure [Abstract]
Provision at statutory rate	$ 216,361	$ 772,915
State tax benefit	(21,924)	(40,677)
PPP loan forgiveness benefit		(39,897)
Other	3,963	(4,041)
Net provision for Federal income taxes	$ 198,400	$ 688,300

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	12 Months Ended
	Oct. 02, 2022	Oct. 03, 2021
Income Tax Disclosure [Abstract]
Income before income taxes	$ 1,030,291	$ 3,680,546
Provision for state of georgia income taxes	$ 104,400	$ 193,700

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)	Aug. 05, 2022	Feb. 17, 2021
Loss Contingencies [Line Items]
Payment to plaintiffs	$ 100,000
Insurance Claims [Member]
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 ($)	12 Months Ended
	Oct. 02, 2022	Oct. 03, 2021
Segment Reporting Information [Line Items]
Total net sales	$ 10,741,417	$ 11,862,491
Income (loss) before income taxes	1,030,291	3,680,546
Other income, net	91,276	65,314
Legal settlement	(100,000)
Gain on extinguishment of debt		189,988
Interest expense	(261,621)	(335,944)
Depreciation and amortization	782,987	704,016
Capital expenditures	1,839,391	988,901
Total assets	21,103,606	20,981,976
Segment Total [Member]
Segment Reporting Information [Line Items]
Income (loss) before income taxes	2,296,582	4,657,324
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Income (loss) before income taxes	(995,946)	(896,136)
Depreciation and amortization	1,100
Total assets	157,578	252,930
GEORGIA
Segment Reporting Information [Line Items]
Total net sales	7,086,232	8,067,808
Income (loss) before income taxes	2,895,820	4,517,649
Depreciation and amortization	289,961	273,900
Capital expenditures	695,285	513,676
Total assets	9,402,877	9,785,396
MISSOURI
Segment Reporting Information [Line Items]
Total net sales	1,691,602	1,792,112
Income (loss) before income taxes	(344,404)	202,597
Depreciation and amortization	253,182	223,338
Capital expenditures	601,842	251,236
Total assets	3,468,730	3,388,808
TEXAS
Segment Reporting Information [Line Items]
Total net sales	1,963,583	2,002,571
Income (loss) before income taxes	(254,834)	(62,922)
Depreciation and amortization	238,744	206,778
Capital expenditures	542,264	223,989
Total assets	$ 8,074,421	$ 7,554,842

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details Narrative) - USD ($) $ in Thousands	Oct. 02, 2022	Oct. 03, 2021
Fair Value Disclosures [Abstract]
Long term debt	$ 4,610	$ 5,720