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ACQUISITIONS (Tables) | 9 Months Ended
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Sep. 30, 2022
SuperFit Foods, LLC [Member] |
Business Acquisition [Line Items] |
SCHEDULE OF ASSETS AND LIABILITIES ACQUIRED IN BUSINESS COMBINATIONS | The Company acquired the following assets as part of the purchase agreement, adjusted for purchase accounting adjustments to reflect the fair value of the net assets acquired during 2021: SCHEDULE OF ASSETS ACQUIRED IN BUSINESS COMBINATIONS
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 |
Intangible assets, net |  |  | 260,000 |
Goodwill |  |  | 258,000 |
Total assets acquired |  | $ | 1,125,000 |
SCHEDULE OF BUSINESS ACQUISITION PRO FORMA INFORMATION | SCHEDULE OF BUSINESS ACQUISITION PRO FORMA INFORMATION
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
|  | Pro Forma |  |  | Pro Forma |
|  | (Unaudited) |  |  | (Unaudited) |
|  | For the Three Months Ended |  |  | For the Nine Months Ended |
|  | September 30, |  |  | September 30, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Revenues |  | $ | 2,823,559 |  |  | $ | 3,301,679 |  |  | $ | 8,673,401 |  |  | $ | 7,876,672 |
Restaurant operating expenses |  |  | 2,710,547 |  |  |  | 3,390,442 |  |  |  | 8,834,772 |  |  |  | 8,508,874 |
Total cost and expenses |  |  | 4,785,269 |  |  |  | 4,921,156 |  |  |  | 14,360,505 |  |  |  | 15,487,578 |
Loss from Operations |  |  | (1,961,710 | ) |  |  | (1,619,477 | ) |  |  | (5,687,104 | ) |  |  | (7,610,906 | )
Pokemoto Acquisition [Member] |
Business Acquisition [Line Items] |
SCHEDULE OF ASSETS AND LIABILITIES ACQUIRED IN BUSINESS COMBINATIONS | The Company acquired the following assets as part of the purchase agreement, adjusted for purchase accounting adjustments to reflect our estimate of the fair value of the net assets acquired during 2022: SCHEDULE OF ASSETS AND LIABILITIES ACQUIRED IN BUSINESS COMBINATIONS
Purchase Price |  | $ | 5,980,000 |
Assets |  |  |  |
Cash |  | $ | 1,184,610 |
Accounts Receivables |  |  | - |
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 |
Total assets acquired |  | $ | 6,817,160 |
Liabilities |  |  |  |
Accounts payable and accrued expenses |  | $ | 296,224 |
Other notes payable |  |  | 1,462,453 |
Deferred revenue |  |  | 125,624 |
Operating lease liability |  |  | 751,258 |
Total liabilities acquired |  | $ | 2,635,559 |
Fair value of identifiable net assets acquired |  |  | 4,181,601 |
Goodwill |  | $ | 1,798,399 |
SCHEDULE OF BUSINESS ACQUISITION PRO FORMA INFORMATION | SCHEDULE OF BUSINESS ACQUISITION PRO FORMA INFORMATION
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
|  | Pro Forma |  |  | Pro Forma |
|  | (Unaudited) |  |  | (Unaudited) |
|  | For the Three Months Ended |  |  | For the Nine Months Ended |
|  | September 30, |  |  | September 30, |
|  | 2022 |  |  | 2021 |  |  | 2022 |  |  | 2021 |
Revenues |  | $ | 2,823,559 |  |  | $ | 3,301,679 |  |  | $ | 8,673,401 |  |  | $ | 8,666,004 |
Restaurant operating expenses |  |  | 2,710,547 |  |  |  | 3,390,442 |  |  |  | 8,834,772 |  |  |  | 8,919,110 |
Total cost and expenses |  |  | 4,785,269 |  |  |  | 4,921,156 |  |  |  | 14,360,505 |  |  |  | 16,170,438 |
Loss from Operations |  |  | (1,961,710 | ) |  |  | (1,619,477 | ) |  |  | (5,687,104 | ) |  |  | (7,504,434 | )
SCHEDULE OF IDENTIFIABLE INTANGIBLE ASSETS | Identifiable intangible assets acquired include the following: SCHEDULE OF IDENTIFIABLE INTANGIBLE ASSETS
|  | 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 |

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