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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
May 26, 1995
Date of Report (Date of earliest event reported)
UNIVERSAL FRANCHISE OPPORTUNITIES CORP.
(Exact Name of Registrant as specified in its charter)
DELAWARE 0-14221 51-0339167
(State of Incorporation) (Commission (IRS Employer
File Number) Identification #)
3650 SILVERSIDE ROAD--SUITE 1037, WILMINGTON, DEL. 19810
(Address of principal executive offices) (Zip Code)
(302) 479-7733
(Registrant's telephone number including area code)
Page 1 of 3 Pages
No Exhibits
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Item 5. OTHER EVENTS.
Registrant's wholly-owned subsidiary, Commercial Programming
Unlimited, Inc., a New York corporation ("CPU-NY"), has entered into a
Surrender, Termination of Lease and Release Agreement, effective as of May 26,
1995, surrendering to its Landlord its leased premises located at 25 West 17th
Street and 18 West 18th Street, New York, New York (the "Leased Premises"),
terminating the lease therefor and releasing the parties thereto from all claims
and obligations. Such Agreement follows the termination of CPU-NY's sublease of
approximately 60% of the Leased Premises to SCS Business & Technical Institute,
Inc., which had previously abandoned such premises and rejected such sublease in
a bankruptcy proceeding.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, Registrant has duly caused this Report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: June 7, 1995 UNIVERSAL FRANCHISE
OPPORTUNITIES CORP.
By: /s/ Walter Small
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Walter Small
Chairman of the
Board
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