Parks! America (PRKA) 10-K 12 Dec 23 2023 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Oct. 01, 2023	Dec. 07, 2023	Apr. 02, 2023
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Document Period End Date	Oct. 01, 2023
Document Fiscal Period Focus	FY
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 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			$ 8,530,200
Entity Common Stock, Shares Outstanding		75,517,763
Documents Incorporated by Reference [Text Block]	None
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction [Flag]	false
Auditor Firm ID	1808
Auditor Name	GBQ Partners LLC
Auditor Location	Columbus, Ohio

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Oct. 01, 2023	Oct. 02, 2022
ASSETS
Cash	$ 4,098,387	$ 5,472,036
Accounts receivable	36,172	4,405
Inventory	419,149	541,986
Prepaid expenses	558,678	170,782
Total current assets	5,112,386	6,189,209
Property and equipment, net	14,910,097	14,811,742
Intangible assets, net	52,331	79,565
Other assets	20,909	23,090
Total assets	20,095,723	21,103,606
Liabilities
Accounts payable	79,352	267,567
Other current liabilities	571,343	521,872
Current portion of long-term debt, net	767,675	732,779
Total current liabilities	1,418,370	1,522,218
Long-term debt, net	3,459,816	4,227,442
Deferred tax liability, net	232,329
Total liabilities	5,110,515	5,749,660
Stockholders’ equity
Common stock; 300,000,000 shares authorized, at $.001 par value;75,517,763 and 75,227,058 shares issued and outstanding, respectively	75,518	75,227
Capital in excess of par	5,102,471	4,987,762
Retained earnings	9,807,219	10,290,957
Total stockholders’ equity	14,985,208	15,353,946
Total liabilities and stockholders’ equity	$ 20,095,723	$ 21,103,606

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Oct. 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	75,517,763	75,227,058
Common stock, shares outstanding	75,517,763	75,227,058

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Oct. 01, 2023	Oct. 02, 2022
Total revenues	$ 9,440,248	$ 10,741,417
Cost of sales	1,284,877	1,446,640
Selling, general and administrative	7,015,066	7,217,892
Depreciation and amortization	884,459	782,987
Tornado expenses and write-offs, net	368,955
Legal settlement		100,000
(Gain) loss on disposal of operating assets	317,146	(6,738)
Income (loss) from operations	(430,255)	1,200,636
Other income, net	80,230	91,276
Interest expense	(222,396)	(261,621)
Income (loss) before income taxes	(572,421)	1,030,291
Income tax expense (benefit)	(88,683)	302,800
Net income (loss)	$ (483,738)	$ 727,491
Income (loss) per share - basic	$ (0.01)	$ 0.01
Income (loss) per share - diluted	$ (0.01)	$ 0.01
Weighted average shares outstanding (in 000's) - basic	75,365	75,186
Weighted average shares outstanding (in 000's) - diluted	75,365	75,186
Park [Member]
Total revenues	$ 9,274,565	$ 10,610,191
Animals [Member]
Total revenues	$ 165,683	$ 131,226

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Treasury Stock, Common [Member]	Retained Earnings [Member]	Total
Balance 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
Issuance of common stock to Directors & 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
Net loss				727,491	727,491
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
Issuance of common stock to Directors & Officer	$ 291	114,709			$ 115,000
Issuance of common stock to Directors and an Officer, shares					290,705
Net loss				(483,738)	$ (483,738)
Balance at Oct. 01, 2023	$ 75,518	$ 5,102,471		$ 9,807,219	$ 14,985,208
Ending balance, shares at Oct. 01, 2023	75,517,763

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Oct. 01, 2023	Oct. 02, 2022
OPERATING ACTIVITIES:
Net (loss) income	$ (483,738)	$ 727,491
Reconciliation of net (loss) income to net cash provided by operating activities:
Depreciation and amortization expense	884,459	782,987
Amortization of right of use asset		154,831
Interest expense - debt financing cost amortization	5,888	5,888
Interest expense - financing lease		6,032
Stock-based compensation	131,667	56,903
Deferred tax liability	232,329
Tornado asset write-offs	275,297
Loss (gain) loss on disposal of assets	317,146	(6,738)
Changes in assets and liabilities
(Increase) decrease in accounts receivable	(31,767)	64
(Increase) decrease in inventory	122,837	(227,883)
(Increase) decrease in prepaid expenses	(387,896)	4,466
Increase (decrease) in accounts payable	(188,215)	46,153
Increase (decrease) in other current liabilities	49,471	(9,475)
Net cash provided by operating activities	927,478	1,540,719
INVESTING ACTIVITIES:
Acquisition of property and equipment	(1,557,844)	(1,839,391)
Investment in intangible assets	(5,466)	(32,500)
Proceeds from the disposition of property and equipment	800	15,053
Net cash used in investing activities	(1,562,510)	(1,856,838)
FINANCING ACTIVITIES:
Principal payments on finance lease obligation		(160,863)
Net cash used in financing activities	(738,617)	(866,193)
Net decrease in cash	(1,373,649)	(1,182,312)
Cash at beginning of period	5,472,036	6,654,348
Cash at end of period	4,098,387	5,472,036
Supplemental Cash Flow Information:
Cash paid for interest	217,496	257,009
Cash paid for income taxes	125,000	321,000
Supplemental Disclosure of Noncash Investing and Financing Activities:
Right of use asset obtained in exchange for finance lease liability		464,492
2020 Term Loan [Member]
FINANCING ACTIVITIES:
Payments on Term Loan	(478,679)	(455,068)
2021 Term Loan [Member]
FINANCING ACTIVITIES:
Payments on Term Loan	$ (259,938)	$ (250,262)

ORGANIZATION

ORGANIZATION	12 Months Ended
	Oct. 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 safari parks and is in the business of acquiring, developing and operating local and regional entertainment assets 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 park in Pine Mountain, Georgia (the “Georgia Park”). Wild Animal – Missouri owns and operates the Wild Animal Safari park located in Strafford, Missouri (the “Missouri Park”). Aggieland Wild Animal – Texas owns and operates the Aggieland Wild Animal Safari 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 park revenues were 60.4% and 62.1% of annual park revenues for the Company’s 2023 and 2022 fiscal years, respectively.

SIGNIFICANT ACCOUNTING POLICIES

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Oct. 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 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 1, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Fair Value Accounts Receivable 36,172 4,405 Inventory 419,149 541,986 Prepaid Expenses 558,678 170,782 Property and Equipment SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT October 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 2,941,958 2,797,694 7 25 Buildings and structures 3,812,223 3,922,106 10 39 Animal shelters and habitats 3,428,620 2,479,832 10 39 Park animals 1,279,080 1,247,777 5 25 Equipment - concession and related 509,078 464,988 3 15 Equipment and vehicles - yard and field 817,809 766,149 3 15 Vehicles - buses and rental 299,206 267,483 3 5 Rides and entertainment 172,154 106,247 5 7 Furniture and fixtures 27,160 28,694 5 10 Projects in process 212,248 808,526 Property and equipment, cost 20,165,006 19,554,966 Less accumulated depreciation (5,254,909 ) (4,743,224 ) Property and equipment, net $ 14,910,097 $ 14,811,742 Depreciation expense for the years ended October 1, 2023 and October 2, 2022 totaled $ 865,969 766,859 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 1, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Intangible Assets 18,490 16,128 Impairment of Long-Lived Assets Other Current Liabilities SCHEDULE OF OTHER CURRENT LIABILITIES October 1, 2023 October 2, 2022 Accrued wages and payroll taxes $ 177,868 $ 122,265 Deferred revenue 143,511 193,912 Accrued sales taxes 46,718 49,123 Accrued property taxes 49,183 46,814 Other accrued liabilities 154,063 109,758 Other current liabilities $ 571,343 $ 521,872 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, season passes, and memberships were $ 143,511 193,912 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 9: Business Segments PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 1, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) Advertising and Marketing Costs 1,084,376 1,238,618 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 6,032 Stock Based Compensation A Stock Option and Award Plan (the “Plan”) providing for incentive stock options and performance bonus awards for executives, employees, and directors was approved by the Company’s Board of Directors on February 1, 2005, however, the Plan has not been submitted to the stockholders for approval. The Plan sets aside five million ( 5,000,000 no Income Taxes PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 1, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED) 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.

TORNADO EXPENSES AND ASSET WRIT

TORNADO EXPENSES AND ASSET WRITE-OFFS	12 Months Ended
	Oct. 01, 2023
Tornado Expenses And Asset Write-offs
TORNADO EXPENSES AND ASSET WRITE-OFFS	NOTE 3. TORNADO EXPENSES AND ASSET WRITE-OFFS During March 26-27, 2023, the Company’s Georgia Park experienced extensive damage, caused by an EF-3 tornado and over nine inches of rain, resulting in more than 4,500 fallen trees and damage to many of the Park’s animal enclosures, fencing and other infrastructure. The Walkabout Adventure Zoo (“Walkabout”) portion of the property was particularly hard hit. The Georgia Park was closed for 20 days, including for most of its traditionally busy spring break period, which has historically comprised approximately 10 15 For the year ended October 1, 2023, the Company incurred $ 780,941 275,297 615,000 The Company has been working with its insurance providers regarding tornado damage related coverage and insurance proceeds totaling $ 687,283 50,000 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 1, 2023

LONG-TERM DEBT

LONG-TERM DEBT	12 Months Ended
	Oct. 01, 2023
Debt Disclosure [Abstract]
LONG-TERM DEBT	NOTE 4. LONG-TERM DEBT On June 18, 2021 2021 Refinancing 1.95 3.75 payable in monthly installments 26,480 June 18, 2028 1,514 1.38 On April 27, 2020 7.1 5.0 2020 Term Loan 750,000 1.38 5.0 April 27, 2031 53,213 62,375 1.0 2.89 Interest expense of $ 222,396 261,621 5,888 6,032 The following table represents the aggregate of the Company’s outstanding long-term debt: SCHEDULE OF DEBT October 1, 2023 October 2, 2022 As of October 1, 2023 October 2, 2022 Loan principal outstanding $ 4,271,521 $ 5,010,136 Less: unamortized debt financing costs (44,030 ) (49,915 ) Gross long-term debt 4,227,491 4,960,221 Less current portion of long-term debt, net of unamortized costs and discount (767,675 ) (732,779 ) Long-term debt $ 3,459,816 $ 4,227,442 As of October 1, 2023, the scheduled future principal maturities, by fiscal year, are as follows: SCHEDULE OF MATURITIES OF LONG-TERM DEBT 2024 $ 773,561 2025 810,136 2026 848,472 2027 888,654 2028 850,954 thereafter 99,744 Total $ 4,271,521 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 1, 2023

STOCKHOLDERS_ EQUITY

STOCKHOLDERS’ EQUITY	12 Months Ended
	Oct. 01, 2023
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 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 Effective February 14, 2023, Lisa Brady the Company’s President and Chief Executive Officer vested in 128,205 50,000 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 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 Officers, directors and their controlled entities own approximately 54.3

SIGNIFICANT TRANSACTIONS WITH R

SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES	12 Months Ended
	Oct. 01, 2023
Related Party Transactions [Abstract]
SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES	NOTE 6. SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES Employment Agreements: Effective November 14, 2022 Company and Ms. Brady, entered into an employment agreement (the “Brady Employment Agreement”) 175,000 25 50,000 128,205 0.39 50,000 60,000 70,000 75,000 16,667 135,135 0.37 45,045 5,000 five years PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 1, 2023 NOTE 6. SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES (CONTINUED) Employment Agreements (continued): Effective June 1, 2022 100,000 50,000 Effective as of January 1, 2022 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 ($ 258,333 348,333 157,500

INCOME TAXES

INCOME TAXES	12 Months Ended
	Oct. 01, 2023
Income Tax Disclosure [Abstract]
INCOME TAXES	NOTE 7. INCOME TAXES For the year ended October 1, 2023, the Company reported a pre-tax loss of $ 572,421 1.03 SCHEDULE OF PROVISION FOR INCOME TAX October 1, 2023 October 2, 2022 For the year ended October 1, 2023 October 2, 2022 Current Federal $ (196,871 ) $ 198,400 State (124,141 ) 104,400 Total current (321,012 ) 302,800 Deferred Federal 68,106 - State 164,223 - Total deferred 232,329 - Income tax expense (benefit) $ (88,683 ) $ 302,800 A reconciliation of the federal corporate statutory income tax rate and the effective rate for the provisions for income taxes consists of the following: SCHEDULE OF FEDERAL CORPORATE STATUTORY INCOME TAX RATE AND THE EFFECTIVE RATE October 1, 2023 October 2, 2022 For the year ended October 1, 2023 October 2, 2022 Federal statutory rate 21.0 % 21.0 % State taxes, net of federal benefit (5.5 ) 8.4 Non-deductible expenses (0.4 ) - Other 0.4 - Effective income tax rate 15.5 % 29.4 % PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 1, 2023 NOTE 7. INCOME TAXES (CONTINUED) Deferred tax assets and liabilities arise from temporary differences between financial reporting and tax reporting bases of assets and liabilities, and operating loss carryforwards for tax purposes. The components of Company’s deferred income tax assets and liabilities consist of the following as of October 1, 2023: SCHEDULE OF DEFERRED INCOME TAX ASSETS AND LIABILITIES October 1, 2023 Deferred tax assets (liabilities) Net operating loss carryforwards $ 1,336,696 Accrued liabilities 5,109 Property and equipment (1,457,959 ) Intangibles assets (6,879 ) Valuation allowance (109,296 ) Net deferred tax liability $ (232,329 ) GAAP requires a valuation allowance be recorded against a deferred tax asset if it is more likely than not that the tax benefit associated with the asset will not be realized in the future. As shown in the table above, the Company had a valuation allowance of $ 109,296 3.46 The Company also had net operating loss carryforwards available for federal and State of Georgia tax purposes of $ 4.09 202,468 80 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 its 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 The Company or one of its subsidiaries files income tax returns in the U.S. federal jurisdiction and various state jurisdictions. The Company is open to federal and state tax audits until the applicable statute of limitations expire; however, the Company currently has no federal or state income tax examinations underway. The tax years 2019 through 2022 remain open to examination by the major taxing jurisdictions in which the Company and its subsidiaries operate. PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 1, 2023

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Oct. 01, 2023
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	NOTE 8. 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 361st District Court of Brazos County, Texas (case no. 22-001839-CV-361), alleging the Company and Aggieland-Parks, Inc. committed several instances of employment discrimination. The Complaint seeks unspecified economic, compensatory and punitive damages, as well as attorney’s fees and costs. The Company is defending this claim. On February 17, 2021, two children of James Meikle, the Company’s former 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.

BUSINESS SEGMENTS

BUSINESS SEGMENTS	12 Months Ended
	Oct. 01, 2023
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 1, 2023 October 2, 2022 For the year ended October 1, 2023 October 2, 2022 Total revenues: Georgia $ 5,873,526 $ 7,086,232 Missouri 1,692,765 1,691,602 Texas 1,873,957 1,963,583 Consolidated $ 9,440,248 $ 10,741,417 Total revenues $ 9,440,248 $ 10,741,417 Income (loss) before income taxes: Georgia $ 1,511,142 $ 2,895,820 Missouri (18,153 ) (344,404 ) Texas (353,982 ) (254,834 ) Segment total 1,139,007 2,296,582 Corporate (1,200,307 ) (995,946 ) Tornado expenses and write-offs, net 368,955 - Legal settlement - 100,000 Other income, net 80,230 91,276 Interest expense (222,396 ) (261,621 ) Consolidated $ (572,421 ) $ 1,030,291 Income (loss) before income taxes $ (572,421 ) $ 1,030,291 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 1, 2023 NOTE 9. BUSINESS SEGMENTS (CONTINUED) October 1, 2023 October 2, 2022 For the year ended October 1, 2023 October 2, 2022 Depreciation and amortization: Georgia $ 324,252 $ 289,961 Missouri 275,533 253,182 Texas 283,020 238,744 Corporate 1,654 1,100 Consolidated $ 884,459 $ 782,987 Depreciation and amortization $ 884,459 $ 782,987 Capital expenditures Georgia $ 1,208,762 $ 695,285 Missouri 134,987 601,842 Texas 214,095 542,264 Consolidated $ 1,557,844 $ 1,839,391 Capital expenditures $ 1,557,844 $ 1,839,391 October 1, 2023 October 2, 2022 As of October 1, 2023 October 2, 2022 Total assets: Georgia $ 8,519,619 $ 9,402,877 Missouri 3,335,794 3,468,730 Texas 7,698,400 8,074,421 Corporate 541,910 157,578 Consolidated $ 20,095,723 $ 21,103,606 Total assets $ 20,095,723 $ 21,103,606

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Oct. 01, 2023
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	NOTE 10. FAIR VALUE MEASUREMENTS As of October 1, 2023 and October 2, 2022, the fair value of our long-term debt was $ 3.83 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	12 Months Ended
	Oct. 01, 2023
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 11. SUBSEQUENT EVENTS The Company has analyzed its operations subsequent to October 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 consolidated financial statements.

SIGNIFICANT ACCOUNTING POLICI_2

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Oct. 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 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 1, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Fair Value	Fair Value
Accounts Receivable	Accounts Receivable 36,172 4,405
Inventory	Inventory 419,149 541,986
Prepaid Expenses	Prepaid Expenses 558,678 170,782
Property and Equipment	Property and Equipment SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT October 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 2,941,958 2,797,694 7 25 Buildings and structures 3,812,223 3,922,106 10 39 Animal shelters and habitats 3,428,620 2,479,832 10 39 Park animals 1,279,080 1,247,777 5 25 Equipment - concession and related 509,078 464,988 3 15 Equipment and vehicles - yard and field 817,809 766,149 3 15 Vehicles - buses and rental 299,206 267,483 3 5 Rides and entertainment 172,154 106,247 5 7 Furniture and fixtures 27,160 28,694 5 10 Projects in process 212,248 808,526 Property and equipment, cost 20,165,006 19,554,966 Less accumulated depreciation (5,254,909 ) (4,743,224 ) Property and equipment, net $ 14,910,097 $ 14,811,742 Depreciation expense for the years ended October 1, 2023 and October 2, 2022 totaled $ 865,969 766,859 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 1, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Intangible Assets	Intangible Assets 18,490 16,128
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets
Other Current Liabilities	Other Current Liabilities SCHEDULE OF OTHER CURRENT LIABILITIES October 1, 2023 October 2, 2022 Accrued wages and payroll taxes $ 177,868 $ 122,265 Deferred revenue 143,511 193,912 Accrued sales taxes 46,718 49,123 Accrued property taxes 49,183 46,814 Other accrued liabilities 154,063 109,758 Other current liabilities $ 571,343 $ 521,872
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, season passes, and memberships were $ 143,511 193,912 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 9: Business Segments PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 1, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Advertising and Marketing Costs	Advertising and Marketing Costs 1,084,376 1,238,618
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 6,032
Stock Based Compensation	Stock Based Compensation A Stock Option and Award Plan (the “Plan”) providing for incentive stock options and performance bonus awards for executives, employees, and directors was approved by the Company’s Board of Directors on February 1, 2005, however, the Plan has not been submitted to the stockholders for approval. The Plan sets aside five million ( 5,000,000 no
Income Taxes	Income Taxes PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 1, 2023 NOTE 2. SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)
Basic and Diluted Net Income (Loss) Per Share	Basic and Diluted Net Income (Loss) Per Share Basic and diluted net income (loss) per share is computed by dividing net income (loss) available to common stockholders by the applicable weighted average number of common shares outstanding in each period.
Dividend Policy	Dividend Policy
Recent Accounting Pronouncements	Recent Accounting Pronouncements Credit Losses – Financial Instruments In June 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-13, Financial Instruments – Credit Losses (Topic 326) Except as noted, the Company does not expect recently issued accounting standards or interpretations to have a material impact on the Company’s financial position, results of operations, cash flows or financial statement disclosures.

SIGNIFICANT ACCOUNTING POLICI_3

SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Oct. 01, 2023
Accounting Policies [Abstract]
SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT	SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT October 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 2,941,958 2,797,694 7 25 Buildings and structures 3,812,223 3,922,106 10 39 Animal shelters and habitats 3,428,620 2,479,832 10 39 Park animals 1,279,080 1,247,777 5 25 Equipment - concession and related 509,078 464,988 3 15 Equipment and vehicles - yard and field 817,809 766,149 3 15 Vehicles - buses and rental 299,206 267,483 3 5 Rides and entertainment 172,154 106,247 5 7 Furniture and fixtures 27,160 28,694 5 10 Projects in process 212,248 808,526 Property and equipment, cost 20,165,006 19,554,966 Less accumulated depreciation (5,254,909 ) (4,743,224 ) Property and equipment, net $ 14,910,097 $ 14,811,742
SCHEDULE OF OTHER CURRENT LIABILITIES	SCHEDULE OF OTHER CURRENT LIABILITIES October 1, 2023 October 2, 2022 Accrued wages and payroll taxes $ 177,868 $ 122,265 Deferred revenue 143,511 193,912 Accrued sales taxes 46,718 49,123 Accrued property taxes 49,183 46,814 Other accrued liabilities 154,063 109,758 Other current liabilities $ 571,343 $ 521,872

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	12 Months Ended
	Oct. 01, 2023
Debt Disclosure [Abstract]
SCHEDULE OF DEBT	The following table represents the aggregate of the Company’s outstanding long-term debt: SCHEDULE OF DEBT October 1, 2023 October 2, 2022 As of October 1, 2023 October 2, 2022 Loan principal outstanding $ 4,271,521 $ 5,010,136 Less: unamortized debt financing costs (44,030 ) (49,915 ) Gross long-term debt 4,227,491 4,960,221 Less current portion of long-term debt, net of unamortized costs and discount (767,675 ) (732,779 ) Long-term debt $ 3,459,816 $ 4,227,442
SCHEDULE OF MATURITIES OF LONG-TERM DEBT	As of October 1, 2023, the scheduled future principal maturities, by fiscal year, are as follows: SCHEDULE OF MATURITIES OF LONG-TERM DEBT 2024 $ 773,561 2025 810,136 2026 848,472 2027 888,654 2028 850,954 thereafter 99,744 Total $ 4,271,521

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Oct. 01, 2023
Income Tax Disclosure [Abstract]
SCHEDULE OF PROVISION FOR INCOME TAX	SCHEDULE OF PROVISION FOR INCOME TAX October 1, 2023 October 2, 2022 For the year ended October 1, 2023 October 2, 2022 Current Federal $ (196,871 ) $ 198,400 State (124,141 ) 104,400 Total current (321,012 ) 302,800 Deferred Federal 68,106 - State 164,223 - Total deferred 232,329 - Income tax expense (benefit) $ (88,683 ) $ 302,800
SCHEDULE OF FEDERAL CORPORATE STATUTORY INCOME TAX RATE AND THE EFFECTIVE RATE	SCHEDULE OF FEDERAL CORPORATE STATUTORY INCOME TAX RATE AND THE EFFECTIVE RATE October 1, 2023 October 2, 2022 For the year ended October 1, 2023 October 2, 2022 Federal statutory rate 21.0 % 21.0 % State taxes, net of federal benefit (5.5 ) 8.4 Non-deductible expenses (0.4 ) - Other 0.4 - Effective income tax rate 15.5 % 29.4 %
SCHEDULE OF DEFERRED INCOME TAX ASSETS AND LIABILITIES	SCHEDULE OF DEFERRED INCOME TAX ASSETS AND LIABILITIES October 1, 2023 Deferred tax assets (liabilities) Net operating loss carryforwards $ 1,336,696 Accrued liabilities 5,109 Property and equipment (1,457,959 ) Intangibles assets (6,879 ) Valuation allowance (109,296 ) Net deferred tax liability $ (232,329 )

BUSINESS SEGMENTS (Tables)

BUSINESS SEGMENTS (Tables)	12 Months Ended
	Oct. 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 October 1, 2023 October 2, 2022 For the year ended October 1, 2023 October 2, 2022 Total revenues: Georgia $ 5,873,526 $ 7,086,232 Missouri 1,692,765 1,691,602 Texas 1,873,957 1,963,583 Consolidated $ 9,440,248 $ 10,741,417 Total revenues $ 9,440,248 $ 10,741,417 Income (loss) before income taxes: Georgia $ 1,511,142 $ 2,895,820 Missouri (18,153 ) (344,404 ) Texas (353,982 ) (254,834 ) Segment total 1,139,007 2,296,582 Corporate (1,200,307 ) (995,946 ) Tornado expenses and write-offs, net 368,955 - Legal settlement - 100,000 Other income, net 80,230 91,276 Interest expense (222,396 ) (261,621 ) Consolidated $ (572,421 ) $ 1,030,291 Income (loss) before income taxes $ (572,421 ) $ 1,030,291 PARKS! AMERICA, INC. and SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS October 1, 2023 NOTE 9. BUSINESS SEGMENTS (CONTINUED) October 1, 2023 October 2, 2022 For the year ended October 1, 2023 October 2, 2022 Depreciation and amortization: Georgia $ 324,252 $ 289,961 Missouri 275,533 253,182 Texas 283,020 238,744 Corporate 1,654 1,100 Consolidated $ 884,459 $ 782,987 Depreciation and amortization $ 884,459 $ 782,987 Capital expenditures Georgia $ 1,208,762 $ 695,285 Missouri 134,987 601,842 Texas 214,095 542,264 Consolidated $ 1,557,844 $ 1,839,391 Capital expenditures $ 1,557,844 $ 1,839,391 October 1, 2023 October 2, 2022 As of October 1, 2023 October 2, 2022 Total assets: Georgia $ 8,519,619 $ 9,402,877 Missouri 3,335,794 3,468,730 Texas 7,698,400 8,074,421 Corporate 541,910 157,578 Consolidated $ 20,095,723 $ 21,103,606 Total assets $ 20,095,723 $ 21,103,606

ORGANIZATION (Details Narrative

ORGANIZATION (Details Narrative)	12 Months Ended
	Oct. 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 ($)	12 Months Ended
	Oct. 01, 2023	Oct. 02, 2022
Property, Plant and Equipment [Line Items]
Property and equipment, cost	$ 20,165,006	$ 19,554,966
Less accumulated depreciation	(5,254,909)	(4,743,224)
Property and equipment, net	14,910,097	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	$ 2,941,958	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	$ 3,812,223	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	$ 3,428,620	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	$ 1,279,080	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	$ 509,078	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	$ 817,809	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	$ 299,206	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	$ 172,154	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	$ 27,160	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	$ 212,248	$ 808,526

SCHEDULE OF OTHER CURRENT LIABI

SCHEDULE OF OTHER CURRENT LIABILITIES (Details) - USD ($)	Oct. 01, 2023	Oct. 02, 2022
Accounting Policies [Abstract]
Accrued wages and payroll taxes	$ 177,868	$ 122,265
Deferred revenue	143,511	193,912
Accrued sales taxes	46,718	49,123
Accrued property taxes	49,183	46,814
Other accrued liabilities	154,063	109,758
Other current liabilities	$ 571,343	$ 521,872

SIGNIFICANT ACCOUNTING POLICI_4

SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)		12 Months Ended
	Sep. 27, 2022	Oct. 01, 2023	Oct. 02, 2022	Oct. 01, 2022	Feb. 01, 2005
Lessee, Lease, Description [Line Items]
Accounts receivable		$ 36,172	$ 4,405
Inventory		419,149	541,986
Prepaid expenses		558,678	170,782
Depreciation expenses		865,969	766,859
Amortization of intangible assets		18,490	16,128
Deferred revenue		143,511	193,912
Advertising and marketing expense		1,084,376	1,238,618
Amortization of right of use asset			154,831	$ 154,831
Financing lease interest expense			$ 6,032	$ 6,032
Stock options, number of shares authorized					5,000,000
Stock options, number of shares grants		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

TORNADO EXPENSES AND ASSET WR_2

TORNADO EXPENSES AND ASSET WRITE-OFFS (Details Narrative) - USD ($)	12 Months Ended
	Oct. 01, 2023	Mar. 27, 2023	Mar. 26, 2023
Tornado Expenses And Asset Write-offs
Annual revenue, percentage		15%	10%
Tornado related expenses	$ 780,941
Tornado asset writeoffs	275,297
Investments	615,000
Portion of anticipated damage proceeds received	687,283
Additional insurance proceeds expected	$ 50,000

SCHEDULE OF DEBT (Details)

SCHEDULE OF DEBT (Details) - USD ($)	Oct. 01, 2023	Oct. 02, 2022
Debt Disclosure [Abstract]
Loan principal outstanding	$ 4,271,521	$ 5,010,136
Less: unamortized debt financing costs	(44,030)	(49,915)
Gross long-term debt	4,227,491	4,960,221
Less current portion of long-term debt, net of unamortized costs and discount	(767,675)	(732,779)
Long-term debt	$ 3,459,816	$ 4,227,442

SCHEDULE OF MATURITIES OF LONG-

SCHEDULE OF MATURITIES OF LONG-TERM DEBT (Details) - USD ($)	Oct. 01, 2023	Oct. 02, 2022
Debt Disclosure [Abstract]
2024	$ 773,561
2025	810,136
2026	848,472
2027	888,654
2028	850,954
thereafter	99,744
Loan principal outstanding	$ 4,271,521	$ 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	Oct. 01, 2023	Oct. 02, 2022	Oct. 01, 2022
Debt Instrument [Line Items]
Long-term debt				$ 4,271,521	$ 5,010,136
Interest expense				222,396	261,621
Interest expense debt financing cost amortization				5,888	5,888
Financing lease interest expense					$ 6,032	$ 6,032
Aggieland Wild Animal [Member]
Debt Instrument [Line Items]
Asset acquisition, purchase price			$ 7,100,000
Payments to acquire businesses, cash			$ 1,380,000
2021 Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument, issuance date		Jun. 18, 2021
Debt instrument, description		2021 Refinancing
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				1,380,000
Aggieland Seller Note [Member]
Debt Instrument [Line Items]
Debt instrument, issuance date			Apr. 27, 2020
Debt instrument, face amount			$ 750,000
2020 Term Loan [Member]
Debt Instrument [Line Items]
Debt instrument, description			2020 Term Loan
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				$ 2,890,000
Prepayment of 2020 term loan	$ 1,000,000

STOCKHOLDERS_ EQUITY (Details N

STOCKHOLDERS’ EQUITY (Details Narrative) - USD ($)						3 Months Ended		12 Months Ended
	Mar. 09, 2023	Feb. 14, 2023	Feb. 02, 2023	Dec. 13, 2021	Dec. 13, 2021	Apr. 02, 2023	Jan. 02, 2022	Oct. 01, 2023	Nov. 14, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [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 were issued on March 9, 2023. The total compensation award cost of $80,000 was reported as an expense in the three month period ended April 2, 2023
Compensation expense								$ 16,667
Officers Directors and Controlled Entities [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Percentage of outstanding common stock owned								54.30%
Brady Employment Agreement [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Stock price								$ 0.37	$ 0.39
Seven Directors [Member]
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 issued 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
Annual compensation award to each director			$ 10,000
Stock price			$ 0.40	$ 0.553	$ 0.553
Shares issued for annual compensation award	162,500
Three Directors [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Annual compensation award to each director			$ 10,000
Director [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Compensation expense						$ 80,000	$ 61,944
Chief Executive Officer [Member] | Brady Employment Agreement [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Number of shares		128,205
Compensation award cost expense						$ 50,000
Five Directors [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Annual compensation award to each director				$ 10,000
Two New 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
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	$ 0.553
Shares issued for annual compensation award				18,083
Compensation expense							$ 10,000

SIGNIFICANT TRANSACTIONS WITH_2

SIGNIFICANT TRANSACTIONS WITH RELATED PARTIES (Details Narrative) - USD ($)						12 Months Ended
	Sep. 29, 2023	Feb. 14, 2023	Nov. 14, 2022	Jun. 01, 2022	Jan. 01, 2022	May 31, 2024	Oct. 01, 2023	May 31, 2023
Related Party Transaction [Line Items]
Vesting of share value							$ 16,667
Without Cause [Member]
Related Party Transaction [Line Items]
Severance compensation							258,333
Change in Control [Member]
Related Party Transaction [Line Items]
Severance compensation							348,333
Disability and Death [Member]
Related Party Transaction [Line Items]
Severance compensation							$ 157,500
2022 Van Voorhis Employment Agreement [Member]
Related Party Transaction [Line Items]
Related party transaction, date				Jun. 01, 2022
Initial base annual compensation						$ 50,000		$ 100,000
2022 White Employment Agreement [Member]
Related Party Transaction [Line Items]
Related party transaction, date					Jan. 01, 2022
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 Ms. Brady, entered into an employment agreement (the “Brady Employment Agreement”)
Initial base annual compensation			$ 175,000
Percentage of annual performance incentive			25%
Revenue remaining performance obligation			$ 50,000
Number of shares	45,045		128,205				135,135
Share price			$ 0.39				$ 0.37
Sign on bonus			$ 5,000
Employee agreement term			5 years
Brady Employment Agreement [Member] | Common Stock [Member]
Related Party Transaction [Line Items]
Number of shares, value		$ 50,000
Brady Employment Agreement [Member] | Common Stock One [Member]
Related Party Transaction [Line Items]
Number of shares, value		60,000
Brady Employment Agreement [Member] | Common Stock Two [Member]
Related Party Transaction [Line Items]
Number of shares, value		70,000
Brady Employment Agreement [Member] | Common Stock Three [Member]
Related Party Transaction [Line Items]
Number of shares, value		$ 75,000

SCHEDULE OF PROVISION FOR INCOM

SCHEDULE OF PROVISION FOR INCOME TAX (Details) - USD ($)	12 Months Ended
	Oct. 01, 2023	Oct. 02, 2022
Income Tax Disclosure [Abstract]
Federal	$ (196,871)	$ 198,400
State	(124,141)	104,400
Total current	(321,012)	302,800
Federal	68,106
State	164,223
Total deferred	232,329
Income tax expense (benefit)	$ (88,683)	$ 302,800

SCHEDULE OF FEDERAL CORPORATE S

SCHEDULE OF FEDERAL CORPORATE STATUTORY INCOME TAX RATE AND THE EFFECTIVE RATE (Details)	12 Months Ended
	Oct. 01, 2023	Oct. 02, 2022
Income Tax Disclosure [Abstract]
Federal statutory rate	21%	21%
State taxes, net of federal benefit	(5.50%)	8.40%
Non-deductible expenses	(0.40%)
Other	0.40%
Effective income tax rate	15.50%	29.40%

SCHEDULE OF DEFERRED INCOME TAX

SCHEDULE OF DEFERRED INCOME TAX ASSETS AND LIABILITIES (Details)	Oct. 01, 2023 USD ($)
Income Tax Disclosure [Abstract]
Net operating loss carryforwards	$ 1,336,696
Accrued liabilities	5,109
Property and equipment	(1,457,959)
Intangibles assets	(6,879)
Valuation allowance	(109,296)
Net deferred tax liability	$ (232,329)

INCOME TAXES (Details Narrative

INCOME TAXES (Details Narrative) - USD ($)	12 Months Ended
	Oct. 01, 2023	Oct. 02, 2022
Operating Loss Carryforwards [Line Items]
Income before income taxes	$ 572,421	$ (1,030,291)
Income before income taxes	(572,421)	1,030,291
Valuation allowance	109,296
Operating loss carryforwards	3,460,000
Interest and penalties	0	$ 0
Domestic Tax Authority [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 4,090,000
Taxable income percentage	80%
State of Georgia [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards	$ 202,468
Taxable income percentage	80%

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)			12 Months Ended
	Aug. 05, 2022	Feb. 17, 2021	Oct. 01, 2023	Oct. 02, 2022
Loss Contingencies [Line Items]
Payment to plaintiffs	$ 100,000			$ 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 ($)	12 Months Ended
	Oct. 01, 2023	Oct. 02, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	$ 9,440,248	$ 10,741,417
Income (loss) before income taxes	(572,421)	1,030,291
Tornado expenses and write-offs, net	368,955
Legal settlement		100,000
Other income, net	80,230	91,276
Interest expense	(222,396)	(261,621)
Depreciation and amortization	884,459	782,987
Capital expenditures	1,557,844	1,839,391
Total assets	20,095,723	21,103,606
Segment Total [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Income (loss) before income taxes	1,139,007	2,296,582
Corporate Segment [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Income (loss) before income taxes	(1,200,307)	(995,946)
Depreciation and amortization	1,654	1,100
Total assets	541,910	157,578
GEORGIA
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	5,873,526	7,086,232
Income (loss) before income taxes	1,511,142	2,895,820
Depreciation and amortization	324,252	289,961
Capital expenditures	1,208,762	695,285
Total assets	8,519,619	9,402,877
MISSOURI
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	1,692,765	1,691,602
Income (loss) before income taxes	(18,153)	(344,404)
Depreciation and amortization	275,533	253,182
Capital expenditures	134,987	601,842
Total assets	3,335,794	3,468,730
TEXAS
Revenues from External Customers and Long-Lived Assets [Line Items]
Total revenues	1,873,957	1,963,583
Income (loss) before income taxes	(353,982)	(254,834)
Depreciation and amortization	283,020	238,744
Capital expenditures	214,095	542,264
Total assets	$ 7,698,400	$ 8,074,421

FAIR VALUE MEASUREMENTS (Detail

FAIR VALUE MEASUREMENTS (Details Narrative) - USD ($) $ in Thousands	Oct. 01, 2023	Oct. 02, 2022
Fair Value Disclosures [Abstract]
Long term debt	$ 3,830	$ 4,610