<PAGE>


                                      EXHIBIT 10.8


$________________                                              ________ __, 1997


                                   DEMAND NOTE


                  FOR VALUE RECEIVED, SPECIALTY RETAIL GROUP, INC., a Florida
corporation (the "Payor") hereby promises to pay to the order of ______________
(the "Payee"), ON DEMAND, the principal amount of _______________
($______________) Dollars, together with interest on the unpaid principal
balance from the date hereof at the rate of 8% per annum.

                  Payments of principal and interest shall be made at
__________________, New York ______, or at such other place or to such other
payee as the holder of this Note may from time to time designate.

                  The holder may demand partial payment of this Note from time
to time, and the undersigned may prepay this Note, in whole or in part, at any
time or from time to time, without premium or penalty. Any such partial payment
or prepayment shall be applied first to interest and then to principal.

                  The Borrower shall reimburse the holder of this Note, on
demand, for all costs and expenses, including, without limitation, reasonable
attorney's fees, which may be incurred by the holder to enforce this Note or to
collect any indebtedness evidenced hereby. The holder shall have the right to
apply any payment or prepayment of any nature first to the reimbursement of such
expenses.

                  The Borrower hereby assents to any indulgence or any extension
of the time for payment of the indebtedness evidenced hereby. Any failure to
exercise or any delay in exercising any right hereunder shall not be construed
as a waiver of such right or any other right.

                  The Borrower hereby waives presentment, demand, protest,
notice of dishonor, notice of nonpayment, notice of maturity, notice of protest,
diligence in collection, and the benefit of any exemption or insolvency laws.

                  This Note shall be governed by, and construed in accordance
with, the laws of the State of New York, applicable to instruments made and to
be performed wholly within said State. The provisions of this Note are severable
and the invalidity or unenforceability of any provision shall not alter or
impair the remaining provisions hereof.

                                                                   Page 37 of 45


<PAGE>



                  IN WITNESS WHEREOF, the Borrower has duly executed and
delivered this Note as of the date first above written.

                                        SPECIALTY RETAIL GROUP, INC.

                                        By:  _________________________
                                             Authorized Representative

                                                                   Page 38 of 45


<PAGE>

                          DEMAND NOTES ISSUED -- as at 9/30/97


  Date                                       Amount        Lender


12/23/96                                   $3,750.28      Seymour Zises

 1/15/97                                   10,000.00      Cathy Zises

 1/15/97                                   10,000.00      Selig Zises

 1/24/97                                    3,750.28      Seymour Zises

 1/28/97                                   12,500.00      Selig Zises

 1/28/97                                   12,500.00      Cathy Zises

 2/11/97                                    6,000.00      Selig Zises

 2/26/97                                   10,000.00      Selig Zises

 2/26/97                                    5,000.00      Cathy Zises

 3/04/97                                    4,000.00      Cathy Zises

 3/04/97                                    4,000.00      Selig Zises

 3/17/97                                    5,000.00      Selig Zises

 4/16/97                                    7,500.00      Cathy Zises

 5/02/97                                    7,500.00      Selig Zises

 5/21/97                                    7,500.00      Cathy Zises

 6/03/97                                   12,500.00      Selig Zises

 6/03/97                                   12,500.00      Cathy Zises

 6/10/97                                    6,500.00      Cathy Zises

 6/10/97                                    6,250.00      Selig Zises

 6/25/97                                    3,750.00      Cathy Zises

 6/27/97                                    3,750.00      Selig Zises

 7/10/97                                    5,000.00      Cathy Zises

 7/23/97                                   10,000.00      Selig Zises

 7/23/97                                    5,000.00      Cathy Zises


 7/31/97                                    6,000.00      Cathy Zises

 8/01/97                                    6,000.00      Selig Zises

 8/18/97                                    8,000.00      Cathy Zises

 8/25/97                                    8,000.00      Cathy Zises

 9/04/97                                   10,000.00      Selig Zises

 9/15/97                                    7,500.00      Cathy Zises

 9/15/97                                    7,500.00      Selig Zises

 9/24/97                                    5,000.00      Cathy Zises

 9/24/97                                    5,000.00      Cathy Zises

 9/25/97                                    5,000.00      Selig Zises


                                                                   Page 39 of 45