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Purchase of Business (Tables)
12 Months Ended
Oct. 31, 2018
Summary of Assets Purchased and Liabilities Assumed

The following table summarizes the amounts of assets purchased:

 

Assets acquired:      
Accounts receivable   $ 86,442  
Inventory     1,116,021  
Equipment     221,283  
Prepaid expenses     28,913  
Non-compete     99,000  
Customer lists     245,000  
Tradename     668,000  
Goodwill     363,396  
Assets acquired:   $ 2,828,055  
Purchase of assets funded by:        
Cash paid   $ 2,677,335  
Liability assumed     10,210  
Note payable to seller     140,510  
    $ 2,828,055

Stock Purchase Agreement [Member]  
Summary of Assets Purchased and Liabilities Assumed

The following table summarizes the assets purchased and liabilities assumed:

 

Assets acquired:      
Accounts receivable   $ 584,918  
Inventory     1,116,906  
Prepaid expenses     32,681  
Equipment     229,597  
Customer List     170,000  
Tradename     640,000  
Other intangible assets     331,124  
Goodwill     388,378  
Security deposit     26,551  
Less: liabilities assumed     (626,880 )
Net assets acquired:   $ 2,893,275  
Purchase of assets funded by:        
Cash paid   $ 2,893,275