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ACQUISITIONS (Tables)
 9 Months Ended
Sep. 30, 2021
Superfit Foods, LLC [Member]  
Business Acquisition [Line Items]  
SCHEDULE OF ASSETS ACQUIRED IN BUSINESS COMBINATIONS

The Company acquired the following assets as part of the purchase agreement:

 

Furniture and equipment  $82,000 
Vehicles   55,000 
Tradename   45,000 
Customer list   140,000 
Domain name   125,000 
Proprietary Recipes   160,000 
Non-compete agreement   260,000 
Goodwill   283,000 
Total assets acquired  $1,150,000 
SCHEDULE OF SUPPLEMENTAL PROFORMA ACQUIRED FRANCHISEE STORE

 

   2021   2020   2021   2020 
   Pro Forma   Pro Forma 
   (Unaudited)   (Unaudited) 
   For the Three Months Ended   For the Nine Months Ended 
   September 30,   September 30, 
   2021   2020   2021   2020 
Revenues  $3,350,105   $2,014,395   $7,876,672   $4,262,540 
Restaurant operating expenses   3,453,244    2,010,918    8,508,874    4,378,577 
Total cost and expenses   4,986,404    2,661,445    15,487,578    11,660,079 
Loss from Operations   (1,636,299)   (647,050)   (7,610,906)   (7,397,539)
Pokemoto Acquisition [Member]  
Business Acquisition [Line Items]  
SCHEDULE OF ASSETS ACQUIRED IN BUSINESS COMBINATIONS

The Company acquired the following assets as part of the purchase agreement:

 

Purchase Price  $5,980,000 
      
Assets     
Cash  $1,184,610 
Accounts Receivables   60,208 
Inventory   19,500 
Property and Equipment   297,529 
Intangible assets, net   4,560,000 
Operating lease right-of-use assets, net   719,941 
Security deposits and other assets   35,580 
   $6,877,368 
Liabilities     
Accounts payable and accrued expenses  $282,457 
Other notes payable   1,462,453 
Deferred revenue   123,416 
Operating lease liability   751,258 
   $2,619,584 
      
Fair value of identifiable net assets acquired   4,257,784 
      
Goodwill  $1,722,216 
SCHEDULE OF SUPPLEMENTAL PROFORMA ACQUIRED FRANCHISEE STORE

 

   2021   2020   2021   2020 
   Pro Forma   Pro Forma 
   (Unaudited)   (Unaudited) 
   For the Three Months Ended   For the Nine Months Ended 
   September 30,   September 30, 
   2021   2020   2021   2020 
Revenues  $3,350,105   $2,025,219   $8,666,00   $5,227,429 
Restaurant operating expenses   3,453,244    1,855,289    8,919,110    4,940,589 
Total cost and expenses   4,986,404    2,632,971    16,170,438    12,510,336 
Loss from Operations   (1,636,299)   (607,752)   (7,504,434)   (7,282,907)
SCHEDULE OF IDENTIFIABLE INTANGIBLE ASSETS

Identifiable intangible assets acquired include the following:

 

   Fair Value  

Weighted average amortization

period

 
         
Tradename  $175,000    5.00 
Franchise License   2,775,000    10.00 
Proprietary Recipes   1,130,000    7.00 
Non-Compete   480,000    2.00 
   $4,560,000    8.22 
Super Fit Foods L C C And Pokemoto L L C [Member]  
Business Acquisition [Line Items]  
SCHEDULE OF SUPPLEMENTAL PROFORMA ACQUIRED FRANCHISEE STORE

 

   2021   2020   2021   2020 
   Pro Forma   Pro Forma 
   (Unaudited)   (Unaudited) 
   For the Three Months Ended   For the Nine Months Ended 
   September 30,   September 30, 
   2021   2020   2021   2020 
Revenues  $3,350,105   $2,887,069   $9,173504   $6,089,279 
Restaurant operating expenses   3,453,244    2,627,597    9,373,883    5,712,897 
Total cost and expenses   4,986,404    3,405,279    16,625,211    13,282,644 
Loss from Operations   (1,636,299)   (518,210)   (7,451,707)   (7,193,365)