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Long Term Refundable Deposits, Landlords
6 Months Ended
Sep. 30, 2020
Long Term Deposits, Landlords [Abstract]  
LONG TERM REFUNDABLE DEPOSITS, LANDLORDS

Note 12 – LONG TERM REFUNDABLE DEPOSITS, LANDLORDS

 

As of September 30, 2020 and March 31, 2020, long term deposits amounted to $1,533,640 and $1,456,384, respectively. Long term deposits are money deposited with, or advanced to, landlords for the purpose of securing retail store leases that the Company does not anticipate being returned within the next twelve months. Most of the Company’s landlords require a minimum payment of nine months’ rent, paid up front, plus additional deposits.