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Sir Royalty Income Fund SIRZF


Primary Symbol: T.SRV.UN

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

Comment by flamingogoldon Sep 11, 2021 8:58am
68 Views
Post# 33844753

RE:RE:A clear path to $Teens

RE:RE:A clear path to $TeensFrom a few visits to the Keg lately where indoor is where most dine there even in summer, it was very much a full house. With Ontario vax rates approaching 80% and with the coming entry restrictions, together this should give the confidence boost that many need to help us move through the next stage of covid and our Fall/Winter season.

As an aside, let's not forget, while it has fallen out of topic lately, SIR still has a successful Renegade Chicken take-out/delivery service that could eventually be deployed and rolled in to the fund. Pure speculation of course, but covid will be with us for awhile longer than most of us thought (myself included), and we've got some creds now added to the board that could very well make this happen.

wildrunner11 wrote:

Thanks BlueJay,

waiting for the next quarter results will see how well SIR has come back and give us a baseline in the new COVID environment. Now that we are going into fall patio business will diminish, hopefully enough inside business to keep Sales at same level, my hope.



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