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.

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Sir Royalty Income Fund > Customers shifting to casual chains

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Comment by flamingogoldon Jun 25, 2024 4:13pm

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Post# 36105750

RE:RE:Customers shifting to casual chains

McD and Jacks (and the rest in their group for that matter) cater to different customers. Sure, some will cross over if booze is on the menu. If I want to watch sports with friends or go out with my wife, McD is the last place I would consider. For quick service or to hang for a coffee, then it's McD or Tim's. In fact McD needs to worry more about Tim's than Jack's worring about McD.

Longholder99 wrote: If McD gets a liquor licence I will be worried. Lagging bottom as the economy slows. People like a cold draft on a patio. Meeting friends and coworkers in a social never place. Nobody cooks at home anymore it seems. More stores opening. Juicy Div. Heavily invested BOD. Staying in the drip.

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