Pizza Pizza Royalty Corp PZRIF

Primary Symbol: T.PZA

Consumer Cyclical Restaurants

Pizza Pizza Royalty Corp., through Pizza Pizza Royalty Limited Partnership (the Partnership), owns the trademarks, trade names and other intellectual property used by Pizza Pizza Limited (PPL) in its Pizza Pizza and Pizza 73 restaurants and in its international franchising business. PPL is a privately held company that provides service and operational support to restaurant operators. Pizza Pizza is a franchise-oriented restaurant business operating primarily in the province of Ontario, in which it leads the pizza quick service restaurant (QSR) segment. Of the 652 Pizza Pizza restaurants, 646 are franchised or licensed, and six are owned and/or managed as corporate restaurants. Of the 652 restaurants, 197 are non-traditional locations which have limited operating hours and a limited menu. There are about 100 Pizza 73 locations operating in the QSR segment, principally in the province of Alberta. The Pizza 73 business also includes a central food distribution center in Edmonton.

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Pizza Pizza Royalty Corp > Pizza and Beer - together at last at Pizza Pizza

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Comment by lashingon Jul 15, 2021 10:49am

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Post# 33549103

RE:RE:Pizza and Beer - together at last at Pizza Pizza

Would assume any sale applies since the royalty is top line
Its a weird thing for PZA to do IMO. In alberta Pizza 73 is takeout not dine in. Seems like trouble for operators and prices will have to be high compared to the umpteen liquor stores in the province selling cold beer already and not paying that royalty.

BlueJay2020 wrote: Could be a signficant catalyst if rolled out country-wide - can anyone confirm that alcoholic beverages would earn royalties?

betteryear wrote: TORONTO, June 22, 2021 /CNW/ - Just in time for summer, Pizza Pizza, has officially announced its plans to introduce Beer as a new beverage item at locations across Canada in 2021. June 7th marked the initial launch at 20 locations in Hamilton, ON and Winnipeg, MB. Customers in these cities will have the opportunity to purchase beer on-site, for takeout or for delivery with any food purchase. Pizza Pizza has plans to license many of its restaurants across the country by the end of 2021. In Western Canada, Pizza 73 will also be rolling out beer sales throughout the province of Alberta this summer.

https://www.newswire.ca/news-releases/pizza-and-beer-together-at-last-at-pizza-pizza-878280545.html