NOTE F - LEASES:

Premises occupied by Company-owned restaurants are leased for initial terms of five to ten years, and each has multiple renewal terms. Certain lease agreements contain either a provision requiring additional rent if sales exceed specified amounts or an escalation clause based upon a predetermined multiple.

The Company leases its 19,576 square foot corporate office facility with average annual lease payments of approximately $17.50 per square foot. This lease began on January 2, 2017 and has a ten year term.

Future minimum rental payments under active non-cancelable leases with initial or remaining terms of one year or more at June 30, 2019 were as follows (in thousands):

	Operating Leases

2020	$	1,862
2021		1,927
2022		1,865
2023		1,659
2024		856
Thereafter		2,348
	$	10,517

Future minimum sublease rental income under active non-cancelable leases with initial or remaining terms of one year or more at June 30, 2019 were as follows (in thousands):

	Sublease Rental Income

2020	$	168
2021		174
2022		175
2023		177
2024		128
Thereafter		53
	$	875

Rental expense consisted of the following (in thousands):

	Fiscal Year Ended
	June 30, 2019			June 24, 2018

Minimum rentals		757		$	1,114
Sublease rentals		(149	)		(161	)
		608		$	953