XML 67 R55.htm IDEA: XBRL DOCUMENT v3.24.4
NOTES PAYABLE - Narrative (Details)
12 Months Ended
Mar. 30, 2023
USD ($)
Dec. 01, 2020
USD ($)
May 15, 2019
USD ($)
installment
Sep. 01, 2018
USD ($)
installment
Sep. 28, 2024
USD ($)
loan
Sep. 30, 2023
USD ($)
Oct. 01, 2022
USD ($)
Short-Term Debt [Line Items]              
Debt repaid         $ 0 $ 531,000  
Forgiveness of PPP loans         285,000 272,000  
PPP loans, interest forgiven           6,000  
Repayments of notes payable         1,987,000 15,803,000  
Debt issuance costs         304,000    
Amortization         $ 53,000 63,000  
Revolving Credit Facility | The Rustic Inn              
Short-Term Debt [Line Items]              
Basis spread on variable rate       3.65%      
Face amount       $ 4,400,000      
Number of installments | installment       27      
Periodic payment       $ 71,333      
Balloon payment to be paid       $ 2,474,000      
Revolving Credit Facility | JB's On The Beach              
Short-Term Debt [Line Items]              
Basis spread on variable rate     3.65%        
Face amount     $ 7,000,000        
Number of installments | installment     23        
Periodic payment     $ 250,000        
Balloon payment to be paid     $ 1,250,000        
Revolving Credit Facility | Sequoia Renovation              
Short-Term Debt [Line Items]              
Basis spread on variable rate     3.65%        
Face amount     $ 3,200,000        
Number of installments | installment     23        
Periodic payment     $ 114,286        
Balloon payment to be paid     $ 571,429        
Prior Credit Agreement              
Short-Term Debt [Line Items]              
Debt repaid $ 6,666,000            
Credit Agreement | Line of Credit              
Short-Term Debt [Line Items]              
Maximum borrowing capacity 10,000,000            
Credit Agreement | Revolving Credit Facility | Line of Credit              
Short-Term Debt [Line Items]              
Maximum borrowing capacity $ 1,000,000            
Annum fee for unused portion 0.30%            
Interest rate         8.90%    
Credit Agreement | Revolving Credit Facility | Line of Credit | Prime Rate              
Short-Term Debt [Line Items]              
Basis spread on variable rate 0.45%            
Credit Agreement | Revolving Credit Facility | Line of Credit | Secured Overnight Financing Rate (SOFR)              
Short-Term Debt [Line Items]              
Basis spread on variable rate 3.65%            
Promissory Note - Blue Moon Fish Company | Notes Payable | Blue Moon Fish Company              
Short-Term Debt [Line Items]              
Interest rate   5.00%          
Face amount   $ 1,000,000          
Periodic payment   $ 23,029          
Debt term   4 years          
Paycheck Protection Program Loan              
Short-Term Debt [Line Items]              
Paycheck protection program loan           0 $ 15,106,000
Repayments of notes payable           531,000  
Number of loans which forgiveness was denied for PPP loans | loan         1    
PPP loans, forgiveness denied           $ 285,000