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ACQUISITIONS (Tables)
12 Months Ended
Sep. 30, 2024
Business Acquisition [Line Items]  
Schedule of consideration paid for each business acquisition transaction

Richmond

Burklund

Master

Total

Cash

$

15,464,397

$

6,631,039

$

22,095,436

Note payable

3,900,000

3,900,000

Contingent consideration at fair value

1,578,444

1,578,444

Total consideration

$

20,942,841

$

6,631,039

$

27,573,880

Schedule of identifiable assets and liabilities assumed

Richmond

Burklund

Master

Total

Accounts receivable

$

3,338,217

$

2,272,945

$

5,611,162

Inventories

10,987,058

3,750,603

14,737,661

Prepaid and other assets

955,965

472,111

1,428,076

Property and equipment

5,956,948

250,000

6,206,948

Operating lease right-of use assets

506,356

506,356

Liabilities assumed

(295,347)

(620,976)

(916,323)

Total identifiable net assets

$

20,942,841

$

6,631,039

$

27,573,880

Total identifiable net assets

$

20,942,841

$

6,631,039

$

27,573,880

Goodwill

Total consideration

$

20,942,841

$

6,631,039

$

27,573,880

Schedule of unaudited supplemental financial data

The following table sets forth the unaudited supplemental financial data for Burklund and Richmond Master from the respective acquisition dates through September 2024, which are included in the Company’s consolidated results for fiscal 2024.

Richmond

Burklund

Master

Total

Revenue

$

73,396,615

$

25,194,245

$

98,590,860

Net income (loss) available to common shareholders

$

(496)

$

61,544

$

61,048

Schedule of unaudited supplemental pro forma information

    

For the year ended
September 2024

    

For the year ended September 2023

Revenue

$

2,854,752,348

$

2,892,363,498

Net income available to common shareholders

$

3,823,775

$

12,435,254

Henry's  
Business Acquisition [Line Items]  
Schedule of identifiable assets and liabilities assumed

Accounts receivable

$

8,237,652

Inventories

16,060,965

Prepaid and other assets

400,964

Property and equipment

27,216,323

Other intangible assets

3,607,000

Liabilities assumed

(1,157,976)

Total identifiable net assets

$

54,364,928

Total identifiable net assets

$

54,364,928

Goodwill

500,375

Consideration transferred

$

54,865,303

Schedule of other intangible assets acquired

    

Acquisition-Date

    

Useful Life

Other Intangible Asset

Fair Value

(Years)

Customer list

$

2,010,000

15

Non-competition agreement

95,000

5

Trade name

1,502,000

7

$

3,607,000

Schedule of unaudited supplemental financial data

The following table sets forth the unaudited supplemental financial data for Henry’s from the acquisition date through September 2023, which is included in the Company’s consolidated results for fiscal 2023.

Revenue

$

220,636,797

Net income available to common shareholders

$

2,448,853