LONG-TERM DEBT (Tables)

3 Months Ended

Dec. 29, 2024

Debt Disclosure [Abstract]

The following table represents the aggregate of the Company’s outstanding long-term debt:

The following table represents the aggregate of the Company’s outstanding long-term debt:

	As of
	December 29, 2024			September 29, 2024
Term Loans principal outstanding	$	3,525,036		$	3,498,535
Less: Unamortized debt financing costs		(59,956	)		(812	)
Less: Current portion of long-term debt		(377,547	)		(809,892	)
Long-term debt, net	$	3,087,533		$	2,687,831

SCHEDULE OF MATURITIES OF LONG-TERM DEBT

As of December 29, 2024, the scheduled future principal maturities of the Company’s long-term debt by fiscal year are as follows:

Fiscal years ending
Remainder of 2025	$	286,144
2026		397,305
2027		416,238
2028		356,522
2029		130,686
thereafter		1,938,141
Total	$	3,525,036

PARKS! AMERICA, INC. and SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

December 29, 2024