Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Sir Royalty Income Fund SIRZF


Primary Symbol: T.SRV.UN

Consumer Cyclical Restaurants
SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.


TSX:SRV.UN - Post by User

Sir Royalty Income Fund > Q3 Sir Corp Results
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(756)
•••
Comment by flamingogoldon Jun 24, 2021 6:19pm
70 Views
Post# 33448440

RE:RE:Q3 Sir Corp Results

RE:RE:Q3 Sir Corp ResultsMajority of the restaurants in the Fund are in Ontario as per the latest earnings statement. Out of the total, I believe 8 restos (all Jacks) are outside Ontario.

"SIR's concept brands include Jack Astor's Bar and Grill, with 37 locations; Scaddabush Italian Kitchen & Bar, with nine locations; and Canyon Creek, with two locations. SIR also operates one-of-a-kind signature brands, including Reds Wine Tavern, Reds Square One and The Loose Moose".

https://www.newswire.ca/news-releases/sir-royalty-income-fund-announces-filing-of-sir-corp-fiscal-2021-third-quarter-results-883443291.html

wildrunner11 wrote: So we need at least 25 restaurants open with patio and 50 people indoor dining for six weeks before dividend resumption. Ontario in not going to step 3 until July 20(ish) which allows indoor dining and six weeks brings us to Labour day weekend.

So there is 53 restaurants in total but is their 25 restaurants that will be open earlier outside of Ontario?

I tried to find a list of restaurants on the web site but no luck. Trying to see when the first dividend might happen. 


<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities