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Diversified Royalty Corp T.DIV

Alternate Symbol(s):  BEVFF | T.DIV.DB.A

Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in acquiring royalties from multi-location businesses and franchisors in North America. It owns Mr. Lube + Tires, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the quick lube service business in Canada, with locations across Canada. AIR MILES is a coalition loyalty program. Sutton is a residential real estate brokerage franchisor business in Canada. Mr. Mikes operates casual steakhouse restaurants in western Canadian communities. Nurse Next Door is a home care provider. Oxford Learning Centres is a franchisee supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing comprehensive environmentally friendly janitorial, building cleaning, and office cleaning services in the United States. BarBurrito is a quick-service Mexican restaurant food chain.


TSX:DIV - Post by User

Comment by TheeRookon Mar 09, 2024 8:04am
115 Views
Post# 35924251

RE:RE:BarBurrito

RE:RE:BarBurritoLooks like BarBurrito will have more franchises in the US (350) than in Canada (300)

BURRITOBAR has been expanding its presence in the USA and as of today’s date, they operate in three locations in Michigan and will be opening its fourth location next month in Delaware.  Since Q2 of 2023, franchise development in the United States has soared and BURRITOBAR now has commitments for over 350 stores under contract throughout the nation.  The company has entered into numerous new agreements to expand their reach even further. In addition to the new agreement signed for Nebraska, these agreements include a 90-store agreement in Florida; a 150-store agreement in North Texas; a 55-store agreement in Tennessee; a 32-store agreement for Iowa; a 3-store Area Development Agreement in Hawaii; a 3-store Area Development Agreement in Houston; and a 3-store Area Development Agreement in Connecticut. With these exciting developments, BURRITOBAR is well on its way to achieving its expansion goals throughout the United States. 


Barburrito USA

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