An extension letter is usually written at least 30 days before the expiration of the lease. However, it is recommended to write the letter at least 60 days before the expiration date of the lease to give the tenant or landlord more time to consider any major changes in the lease.
Under the deal - which is expected to be completed in the third quarter of 2015 â Daveâs Killer Bread (currently 50:50 owned by the founding Dahl family and VC firm Goode Partners) will be run as an independent subsidiary.
It was founded in 1977 by brothers Jerry and Mark Silverman as a subsidiary of Retail Ventures, Inc., a company which also owned and operated Silverman's Menswear. The Silvermans sold their ownership interests in 1991 to Jacob Price of Knoxville, Tennessee.