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RECENT EXTENSION OF EXISTING LEASE FOR EXISTING LOCATION
6 Months Ended
Mar. 29, 2014
Leases [Abstract]  
RECENT EXTENSION OF EXISTING LEASE FOR EXISTING LOCATION

(5) RECENT EXTENSION OF EXISTING LEASE FOR EXISTING LOCATION:

 

Fort Lauderdale, Florida

 

During the second quarter of our fiscal year 2014, we extended our lease for the package liquor store we own located at 959 State Road 84, Fort Lauderdale, Florida (Store #8) for a period of five (5) years through April 30, 2019, with two (2) five (5) year renewal options. The amendment to the lease for the extended term (i) increases the size of the leased premises from 1,942 square feet to approximately 4,084 square feet, which additional square footage will be used for storage, and increases the rent and common area charges accordingly; and (ii) subjects the rent to a 3% fixed increase annually.