Parks! America (PRKA) 10-Q 13 Feb 23 2023 Q1 Quarterly report Financial data

Cover

Cover - shares	3 Months Ended
	Jan. 01, 2023	Feb. 10, 2023
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jan. 01, 2023
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--10-01
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 ($)	Jan. 01, 2023	Oct. 02, 2022
ASSETS
Cash	$ 4,721,988	$ 5,472,036
Accounts receivable	3,335	4,405
Inventory	542,147	541,986
Prepaid expenses	257,984	170,782
Total current assets	5,525,454	6,189,209
Property and equipment, net	14,780,639	14,811,742
Intangible assets, net	80,691	79,565
Other assets	23,090	23,090
Total assets	20,409,874	21,103,606
Liabilities
Accounts payable	75,661	267,567
Other current liabilities	353,155	521,872
Current portion of long-term debt, net	741,326	732,779
Total current liabilities	1,170,142	1,522,218
Long-term debt, net	4,038,746	4,227,442
Total liabilities	5,208,888	5,749,660
Stockholders’ equity
Common stock; 300,000,000 shares authorized, at $.001 par value; 75,227,058 and 75,227,058 shares issued and outstanding, respectively	75,227	75,227
Capital in excess of par	4,987,762	4,987,762
Retained earnings	10,137,997	10,290,957
Total stockholders’ equity	15,200,986	15,353,946
Total liabilities and stockholders’ equity	$ 20,409,874	$ 21,103,606

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares	Jan. 01, 2023	Oct. 02, 2022
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	75,227,058
Common stock, shares outstanding	75,227,058	75,227,058

Consolidated Statements of Oper

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Jan. 01, 2023	Jan. 02, 2022
Income Statement [Abstract]
Net sales	$ 1,817,579	$ 1,942,051
Sale of animals	43,800	2,707
Total net sales	1,861,379	1,944,758
Cost of sales	272,620	283,036
Selling, general and administrative	1,526,012	1,976,797
Depreciation and amortization	217,184	193,075
(Gain) loss on disposal of operating assets		(18,000)
Loss from operations	(154,437)	(490,150)
Other income, net	29,613	26,906
Interest expense	(58,736)	(68,896)
Loss before income taxes	(183,560)	(532,140)
Income tax provision	(30,600)	(110,200)
Net loss	$ (152,960)	$ (421,940)
Loss per share - basic and diluted	$ 0	$ (0.01)
Weighted average shares outstanding (in 000’s) - basic and diluted	75,227	75,124

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 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 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. 02, 2022	$ 75,227	4,987,762		10,290,957	15,353,946
Beginning balance, shares at Oct. 02, 2022	75,227,058
Net loss				(152,960)	(152,960)
Ending balance, value at Jan. 01, 2023	$ 75,227	$ 4,987,762		$ 10,137,997	$ 15,200,986
Ending balance, shares at Jan. 01, 2023	75,227,058

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Jan. 01, 2023	Jan. 02, 2022
OPERATING ACTIVITIES:
Net loss	$ (152,960)	$ (421,940)
Reconciliation of net loss to net cash provided by operating activities:
Depreciation and amortization expense	217,184	193,075
Amortization of right of use asset		154,831
Interest expense - debt financing cost amortization	1,472	1,472
Interest expense - financing lease		2,011
(Gain) loss on disposal of assets		(18,000)
Changes in assets and liabilities
(Increase) decrease in accounts receivable	1,070	(2,341)
(Increase) decrease in inventory	(161)	(146,588)
(Increase) decrease in prepaid expenses	(87,202)	(148,925)
Increase (decrease) in accounts payable	(191,906)	83,431
Increase (decrease) in other current liabilities	(168,717)	130,801
Net cash used in operating activities	(381,220)	(172,173)
INVESTING ACTIVITIES:
Acquisition of property and equipment	(181,741)	(290,667)
Investment in tradenames	(5,466)
Proceeds from the disposition of property and equipment		18,000
Net cash used in investing activities	(187,207)	(272,667)
FINANCING ACTIVITIES:
Payments on 2020 Term Loan	(117,517)	(111,742)
Payments on 2021 Term Loan	(64,104)	(61,722)
Principal payments on finance lease obligation		(160,863)
Net cash used in financing activities	(181,621)	(334,327)
Net decrease increase in cash	(750,048)	(779,167)
Cash at beginning of period	5,472,036	6,654,348
Cash at end of period	4,721,988	5,875,181
Supplemental Cash Flow Information:
Cash paid for interest	57,073	67,623
Cash paid for income taxes
Supplemental Disclosure of Noncash Investing and Financing Activities:
Right of use asset obtained in exchange for finance lease liability		$ 464,492

ORGANIZATION

ORGANIZATION	3 Months Ended
	Jan. 01, 2023
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 to 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 have 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 (UNAUDITED) January 1, 2023

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Jan. 01, 2023
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 Fair Value Accounts Receivable 3,335 4,405 Inventory 542,147 541,986 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) January 1, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Property and Equipment three to thirty-nine years SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT January 1, 2023 October 2, 2022 Depreciable Lives Land $ 6,389,470 $ 6,389,470 not applicable Mineral rights 276,000 276,000 25 Ground improvements 2,797,694 2,797,694 7 25 Buildings and structures 3,933,671 3,922,106 10 39 Animal shelters and habitats 2,481,825 2,479,832 10 39 Park animals 1,256,844 1,247,777 5 25 Equipment - concession and related 464,988 464,988 3 15 Equipment and vehicles - yard and field 814,949 766,149 3 15 Vehicles - buses and rental 267,483 267,483 3 5 Rides and entertainment 191,247 106,247 5 7 Furniture and fixtures 28,694 28,694 5 10 Projects in process 833,698 808,526 Property and equipment, cost 19,736,563 19,554,966 Less accumulated depreciation (4,955,924 ) (4,743,224 ) Property and equipment, net $ 14,780,639 $ 14,811,742 Depreciation expense for the three months ended January 1, 2023 and January 2, 2022 totaled $ 212,700 193,075 Intangible Assets 4,484 0 Impairment of Long-Lived Assets Other Current Liabilities SCHEDULE OF OTHER CURRENT LIABILITIES January 1, 2023 October 2, 2022 Deferred revenue $ 172,199 $ 193,912 Accrued wages and payroll taxes 72,217 122,265 Accrued sales taxes 29,304 49,123 Accrued property taxes 26,608 46,814 Other accrued liabilities 52,827 109,758 Other current liabilities $ 353,155 $ 521,872 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) January 1, 2023 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 $ 172,199 193,912 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 8: Business Segments Advertising and Marketing Costs 205,435 307,873 Leases Leases 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 2,011 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) January 1, 2023 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) January 1, 2023

LONG-TERM DEBT

LONG-TERM DEBT	3 Months Ended
	Jan. 01, 2023
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 1.58 On April 27, 2020 5.0 5.0 April 27, 2031 53,213 62,375 1.0 3.25 Interest expense of $ 58,736 68,896 1,472 2,011 The following table represents the aggregate of the Company’s outstanding long-term debt: SCHEDULE OF OUTSTANDING LONG-TERM DEBT As of January 1, 2023 October 2, 2022 Loan principal outstanding $ 4,828,515 $ 5,010,136 Less: unamortized debt financing costs (48,443 ) (49,915 ) Gross long-term debt 4,780,072 4,960,221 Less current portion of long-term debt, net of unamortized costs and discount (741,326 ) (732,779 ) Long-term debt $ 4,038,746 $ 4,227,442 As of January 1, 2023, 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 2023 $ 557,037 2024 773,563 2025 810,139 2026 848,474 2027 888,655 thereafter 950,647 Total $ 4,828,515 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) January 1, 2023

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	3 Months Ended
	Jan. 01, 2023
Equity [Abstract]
STOCKHOLDERS’ EQUITY	NOTE 4. 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 February 2, 2023, the Company declared its annual compensation award to seven directors for their service on the Board of Directors. Seven directors were awarded $ 10,000 10,000 0.40 162,500 80,000 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 0.553 84,888 61,944 On December 13, 2021, the Company awarded a non-director officer $ 10,000 18,083 0.553 10,000 Officers, directors and their controlled entities own approximately 53.4

SIGNIFICANT TRANSACTIONS WITH R

SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES	3 Months Ended
	Jan. 01, 2023
Related Party Transactions [Abstract]
SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES	NOTE 5. 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 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) January 1, 2023 NOTE 5. SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES (CONTINUED) Employment Agreements: 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 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 ($ 316,667 406,667 174,167

INCOME TAXES

INCOME TAXES	3 Months Ended
	Jan. 01, 2023
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 6. INCOME TAXES For the three month period ended January 1, 2023, the Company reported a pre-tax loss of $ 183,560 27.0 30,600 40,400 9,800 110,200 112,000 1,800

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Jan. 01, 2023
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 7. COMMITMENTS AND CONTINGENCIES On December 16, 2022, the Company received notice that on August 10, 2022 a former employee of Aggieland Wild Animal – Texas, filed a Complaint in the 361 st 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 (UNAUDITED) January 1, 2023

BUSINESS SEGMENTS

BUSINESS SEGMENTS	3 Months Ended
	Jan. 01, 2023
Segment Reporting [Abstract]
BUSINESS SEGMENTS	NOTE 8. 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 For the three months ended January 1, 2023 January 2, 2022 Total net sales: Georgia $ 1,339,141 $ 1,308,440 Missouri 219,765 270,102 Texas 302,473 366,216 Consolidated $ 1,861,379 $ 1,944,758 Total Net Sales $ 1,861,379 $ 1,944,758 Income (loss) before income taxes: Georgia $ 388,098 $ 398,770 Missouri (162,569 ) (405,909 ) Texas (156,264 ) (130,405 ) Segment total 69,265 (137,544 ) Corporate (223,702 ) (352,606 ) Other income, net 29,613 26,906 Interest expense (58,736 ) (68,896 ) Consolidated $ (183,560 ) $ (532,140 ) Income (loss) before income taxes $ (183,560 ) $ (532,140 ) As of January 1, 2023 October 2, 2022 Total assets: Georgia $ 8,855,786 $ 9,402,877 Missouri 3,167,957 3,468,730 Texas 8,203,658 8,074,421 Corporate 182,473 157,578 Consolidated $ 20,409,874 $ 21,103,606 Total assets $ 20,409,874 $ 21,103,606 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) January 1, 2023

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	3 Months Ended
	Jan. 01, 2023
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 9. FAIR VALUE MEASUREMENTS As of January 1, 2023 and October 2, 2022, the fair value of our long-term debt was $ 4.45 4.61 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	3 Months Ended
	Jan. 01, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 10. SUBSEQUENT EVENTS The Company has analyzed its operations subsequent to January 1, 2023 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, except as follows: on February 2, 2023, the Company declared its annual compensation award to seven directors for their service on the Board of Directors. For more information regarding this matter, see “NOTE 4. STOCKHOLDERS’ EQUITY” herein.

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Jan. 01, 2023
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
Fair Value	Fair Value
Accounts Receivable	Accounts Receivable 3,335 4,405
Inventory	Inventory 542,147 541,986 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) January 1, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Property and Equipment	Property and Equipment three to thirty-nine years SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT January 1, 2023 October 2, 2022 Depreciable Lives Land $ 6,389,470 $ 6,389,470 not applicable Mineral rights 276,000 276,000 25 Ground improvements 2,797,694 2,797,694 7 25 Buildings and structures 3,933,671 3,922,106 10 39 Animal shelters and habitats 2,481,825 2,479,832 10 39 Park animals 1,256,844 1,247,777 5 25 Equipment - concession and related 464,988 464,988 3 15 Equipment and vehicles - yard and field 814,949 766,149 3 15 Vehicles - buses and rental 267,483 267,483 3 5 Rides and entertainment 191,247 106,247 5 7 Furniture and fixtures 28,694 28,694 5 10 Projects in process 833,698 808,526 Property and equipment, cost 19,736,563 19,554,966 Less accumulated depreciation (4,955,924 ) (4,743,224 ) Property and equipment, net $ 14,780,639 $ 14,811,742 Depreciation expense for the three months ended January 1, 2023 and January 2, 2022 totaled $ 212,700 193,075
Intangible Assets	Intangible Assets 4,484 0
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets
Other Current Liabilities	Other Current Liabilities SCHEDULE OF OTHER CURRENT LIABILITIES January 1, 2023 October 2, 2022 Deferred revenue $ 172,199 $ 193,912 Accrued wages and payroll taxes 72,217 122,265 Accrued sales taxes 29,304 49,123 Accrued property taxes 26,608 46,814 Other accrued liabilities 52,827 109,758 Other current liabilities $ 353,155 $ 521,872 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) January 1, 2023 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 $ 172,199 193,912 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 8: Business Segments
Advertising and Marketing Costs	Advertising and Marketing Costs 205,435 307,873
Leases	Leases Leases 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 2,011 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) January 1, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
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. PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) January 1, 2023

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Jan. 01, 2023
Accounting Policies [Abstract]
SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT	SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT January 1, 2023 October 2, 2022 Depreciable Lives Land $ 6,389,470 $ 6,389,470 not applicable Mineral rights 276,000 276,000 25 Ground improvements 2,797,694 2,797,694 7 25 Buildings and structures 3,933,671 3,922,106 10 39 Animal shelters and habitats 2,481,825 2,479,832 10 39 Park animals 1,256,844 1,247,777 5 25 Equipment - concession and related 464,988 464,988 3 15 Equipment and vehicles - yard and field 814,949 766,149 3 15 Vehicles - buses and rental 267,483 267,483 3 5 Rides and entertainment 191,247 106,247 5 7 Furniture and fixtures 28,694 28,694 5 10 Projects in process 833,698 808,526 Property and equipment, cost 19,736,563 19,554,966 Less accumulated depreciation (4,955,924 ) (4,743,224 ) Property and equipment, net $ 14,780,639 $ 14,811,742
SCHEDULE OF OTHER CURRENT LIABILITIES	SCHEDULE OF OTHER CURRENT LIABILITIES January 1, 2023 October 2, 2022 Deferred revenue $ 172,199 $ 193,912 Accrued wages and payroll taxes 72,217 122,265 Accrued sales taxes 29,304 49,123 Accrued property taxes 26,608 46,814 Other accrued liabilities 52,827 109,758 Other current liabilities $ 353,155 $ 521,872

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	3 Months Ended
	Jan. 01, 2023
Debt Disclosure [Abstract]
SCHEDULE OF OUTSTANDING LONG-TERM DEBT	The following table represents the aggregate of the Company’s outstanding long-term debt: SCHEDULE OF OUTSTANDING LONG-TERM DEBT As of January 1, 2023 October 2, 2022 Loan principal outstanding $ 4,828,515 $ 5,010,136 Less: unamortized debt financing costs (48,443 ) (49,915 ) Gross long-term debt 4,780,072 4,960,221 Less current portion of long-term debt, net of unamortized costs and discount (741,326 ) (732,779 ) Long-term debt $ 4,038,746 $ 4,227,442
SCHEDULE OF MATURITIES OF LONG-TERM DEBT	As of January 1, 2023, 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 2023 $ 557,037 2024 773,563 2025 810,139 2026 848,474 2027 888,655 thereafter 950,647 Total $ 4,828,515

BUSINESS SEGMENTS (Tables)

BUSINESS SEGMENTS (Tables)	3 Months Ended
	Jan. 01, 2023
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 For the three months ended January 1, 2023 January 2, 2022 Total net sales: Georgia $ 1,339,141 $ 1,308,440 Missouri 219,765 270,102 Texas 302,473 366,216 Consolidated $ 1,861,379 $ 1,944,758 Total Net Sales $ 1,861,379 $ 1,944,758 Income (loss) before income taxes: Georgia $ 388,098 $ 398,770 Missouri (162,569 ) (405,909 ) Texas (156,264 ) (130,405 ) Segment total 69,265 (137,544 ) Corporate (223,702 ) (352,606 ) Other income, net 29,613 26,906 Interest expense (58,736 ) (68,896 ) Consolidated $ (183,560 ) $ (532,140 ) Income (loss) before income taxes $ (183,560 ) $ (532,140 ) As of January 1, 2023 October 2, 2022 Total assets: Georgia $ 8,855,786 $ 9,402,877 Missouri 3,167,957 3,468,730 Texas 8,203,658 8,074,421 Corporate 182,473 157,578 Consolidated $ 20,409,874 $ 21,103,606 Total assets $ 20,409,874 $ 21,103,606

ORGANIZATION (Details Narrative

ORGANIZATION (Details Narrative)	3 Months Ended
	Jan. 01, 2023
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 ($)	3 Months Ended
	Jan. 01, 2023	Oct. 02, 2022
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 19,736,563	$ 19,554,966
Property and equipment, estimated useful lives	three to thirty-nine years
Less accumulated depreciation	$ (4,955,924)	(4,743,224)
Property and equipment, net	14,780,639	14,811,742
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	2,797,694
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	$ 3,933,671	3,922,106
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	$ 2,481,825	2,479,832
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	$ 1,256,844	1,247,777
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	464,988
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	$ 814,949	766,149
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	267,483
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	$ 191,247	106,247
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	$ 833,698	$ 808,526

SCHEDULE OF OTHER CURRENT LIABI

SCHEDULE OF OTHER CURRENT LIABILITIES (Details) - USD ($)	Jan. 01, 2023	Oct. 02, 2022
Accounting Policies [Abstract]
Deferred revenue	$ 172,199	$ 193,912
Accrued wages and payroll taxes	72,217	122,265
Accrued sales taxes	29,304	49,123
Accrued property taxes	26,608	46,814
Other accrued liabilities	52,827	109,758
Other current liabilities	$ 353,155	$ 521,872

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)		3 Months Ended
	Sep. 27, 2022	Jan. 01, 2023	Jan. 02, 2022	Oct. 02, 2022	Feb. 01, 2005
Lessee, Lease, Description [Line Items]
Accounts receivable		$ 3,335		$ 4,405
Inventory		$ 542,147		541,986
Property and equipment estimated useful lives, description		three to thirty-nine years
Depreciation expenses		$ 212,700	$ 193,075
Amortization of intangible assets		4,484	0
Deferred revenue		172,199		193,912
Advertising and marketing expense		205,435	307,873
Amortization of right of use asset			154,831
Financing lease interest expense			$ 2,011
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 OUTSTANDING LONG-TE

SCHEDULE OF OUTSTANDING LONG-TERM DEBT (Details) - USD ($)	Jan. 01, 2023	Oct. 02, 2022
Debt Disclosure [Abstract]
Loan principal outstanding	$ 4,828,515	$ 5,010,136
Less: unamortized debt financing costs	(48,443)	(49,915)
Gross long-term debt	4,780,072	4,960,221
Less current portion of long-term debt, net of unamortized costs and discount	(741,326)	(732,779)
Long-term debt	$ 4,038,746	$ 4,227,442

SCHEDULE OF MATURITIES OF LONG-

SCHEDULE OF MATURITIES OF LONG-TERM DEBT (Details)	Jan. 01, 2023 USD ($)
Debt Disclosure [Abstract]
2023	$ 557,037
2024	773,563
2025	810,139
2026	848,474
2027	888,655
thereafter	950,647
Total	$ 4,828,515

LONG-TERM DEBT (Details Narrati

LONG-TERM DEBT (Details Narrative) - USD ($)				1 Months Ended	3 Months Ended
	Jun. 30, 2021	Jun. 18, 2021	Apr. 27, 2020	May 31, 2021	Jan. 01, 2023	Jan. 02, 2022
Short-Term Debt [Line Items]
Long-term debt					$ 4,828,515
Interest expense, debt					58,736	$ 68,896
Interest expense - debt financing cost amortization					1,472	1,472
Interest expense, finance lease						$ 2,011
2021 Term Loan [Member]
Short-Term Debt [Line Items]
Debt instrument, issuance date		Jun. 18, 2021
Debt instrument, face amount		$ 1,950,000
Debt instrument, 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					1,580,000
2020 Term Loan [Member]
Short-Term Debt [Line Items]
Debt instrument, issuance date			Apr. 27, 2020
Debt instrument, face amount			$ 5,000,000
Debt instrument, interest rate			5%
Periodic payment of term loan				$ 53,213
Debt instrument, maturity date			Apr. 27, 2031
Debt instrument, fee amount			$ 62,375
Long-term debt					$ 3,250,000
Prepayment of 2020 term loan	$ 1,000,000

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)						3 Months Ended
	Feb. 28, 2023	Feb. 02, 2023	Dec. 13, 2021	Dec. 13, 2021	Feb. 21, 2021	Apr. 02, 2023	Jan. 02, 2022	Jan. 01, 2023
Officers Directors and Controlled Entities [Member]
Subsequent Event [Line Items]
Percentage of outstanding common stock owned								53.40%
Seven Directors [Member]
Subsequent Event [Line Items]
Stock price			$ 0.553	$ 0.553
Shares issued for annual compensation award					84,888
Director [Member]
Subsequent Event [Line Items]
Compensation Expense							$ 61,944
Two Directors [Member]
Subsequent Event [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.
Five Directors [Member]
Subsequent Event [Line Items]
Annual compensation award to each director			$ 10,000
Two New Directors [Member]
Subsequent Event [Line Items]
Annual compensation award to each director			2,222
Non Director Officer [Member]
Subsequent Event [Line Items]
Annual compensation award to each director			$ 10,000
Stock price			$ 0.553	$ 0.553
Shares issued for annual compensation award				18,083
Compensation Expense							$ 10,000
Subsequent Event [Member]
Subsequent Event [Line Items]
Annual Compensation award description		On February 2, 2023, the Company declared its annual compensation award to seven directors for their service on the Board of Directors. Seven directors were awarded $10,000 each and three directors received a total of $10,000 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 $0.40 per share on February 2, 2023, a total of 162,500 shares are expected to be distributed by February 28, 2023. The total compensation award cost of $80,000 will be reported as an expense in the three month period ended April 2, 2023.
Subsequent Event [Member] | Seven Directors [Member]
Subsequent Event [Line Items]
Annual compensation award to each director		$ 10,000
Stock price		$ 0.40
Shares issued for annual compensation award	162,500
Subsequent Event [Member] | Three Directors [Member]
Subsequent Event [Line Items]
Annual compensation award to each director		$ 10,000
Subsequent Event [Member] | Director [Member]
Subsequent Event [Line Items]
Compensation Expense						$ 80,000

SIGNIFICANT TRANSACTIONS WITH_2

SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES (Details Narrative) - USD ($)				3 Months Ended	11 Months Ended	12 Months Ended
	Nov. 14, 2022	Jun. 01, 2022	Jan. 01, 2022	Jan. 01, 2023	May 31, 2023	May 31, 2024
Without Cause [Member]
Related Party Transaction [Line Items]
Severance compensation				$ 316,667
Change in Control [Member]
Related Party Transaction [Line Items]
Severance compensation				406,667
Disability and Death [Member]
Related Party Transaction [Line Items]
Severance compensation				$ 174,167
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
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%
Revenue remaining performance obligation	$ 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

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	3 Months Ended
	Jan. 01, 2023	Jan. 02, 2022
Operating Loss Carryforwards [Line Items]
Pre-Tax Loss	$ 183,560	$ 532,140
Effective Federal and State Income Tax Rate	27%
Income Tax Expense Benefit	$ 30,600	110,200
Income Tax Expense Benefit	(30,600)	(110,200)
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Income Tax Expense Benefit	(40,400)	(112,000)
Income Tax Expense Benefit	40,400	112,000
State of Georgia [Member]
Operating Loss Carryforwards [Line Items]
Income Tax Expense Benefit	(9,800)	(1,800)
Income Tax Expense Benefit	$ 9,800	$ 1,800

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 life insurance		$ 540,000
Damages sought, value		$ 540,000

SCHEDULE OF REVENUE BY REPORTIN

SCHEDULE OF REVENUE BY REPORTING SEGMENTS (Details) - USD ($)	3 Months Ended
	Jan. 01, 2023	Jan. 02, 2022	Oct. 02, 2022
Segment Reporting Information [Line Items]
Total Net Sales	$ 1,861,379	$ 1,944,758
Income (loss) before income taxes	(183,560)	(532,140)
Other income, net	29,613	26,906
Interest expense	(58,736)	(68,896)
Total assets	20,409,874		$ 21,103,606
Georgia [Member]
Segment Reporting Information [Line Items]
Total Net Sales	1,339,141	1,308,440
Income (loss) before income taxes	388,098	398,770
Total assets	8,855,786		9,402,877
Missouri [Member]
Segment Reporting Information [Line Items]
Total Net Sales	219,765	270,102
Income (loss) before income taxes	(162,569)	(405,909)
Total assets	3,167,957		3,468,730
Texas [Member]
Segment Reporting Information [Line Items]
Total Net Sales	302,473	366,216
Income (loss) before income taxes	(156,264)	(130,405)
Total assets	8,203,658		8,074,421
Segment Total [Member]
Segment Reporting Information [Line Items]
Income (loss) before income taxes	69,265	(137,544)
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Income (loss) before income taxes	(223,702)	$ (352,606)
Total assets	$ 182,473		$ 157,578

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details Narrative) - USD ($) $ in Thousands	Jan. 01, 2023	Oct. 02, 2022
Fair Value Disclosures [Abstract]
Long term debt	$ 4,450	$ 4,610