KEG Royalties Income Fund T.KEG.UN

Alternate Symbol(s): KRIUF

Consumer Cyclical Restaurants

The Keg Royalties Income Fund (the Fund) is a limited-purpose open-ended trust. The Fund’s objective is to provide consistent monthly distributions to unitholders at the highest sustainable level. The Fund, through its subsidiary The Keg Rights Limited Partnership (the Partnership), purchased The Keg trademarks and other related intellectual property (the Keg Rights) from Keg Restaurants Ltd. (KRL). The business of the Partnership is the ownership of the Keg Rights and, through a License and Royalty Agreement with KRL to exploit the use of the Keg Rights and the collection of the royalty payable under the License and Royalty Agreement equal to 4% of gross sales of Keg restaurants included in a specific pool (the Royalty Pool). KRL’s principal activity is the operation and franchising of Keg steakhouse and bar restaurants in Canada and the United States. The Keg GP Ltd. is the general partner of the partnership and administrator of the Fund.

TSX:KEG.UN - Post by User

KEG Royalties Income Fund > Great inflation play in my opinion.

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Comment by guppyworldon Mar 15, 2022 11:47am

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RE:RE:Great inflation play in my opinion.

Thanks for that!

To be honest, I thought Alberta was a larger part of their revenue, but still quite a chunk.

I like your comment about seniors. My elderly parents have been yearning to go to the Keg, I told them I would pay for it with some of my investment gains. But they haven't been to a restaurant in ages due to fear of covid. Their fears are starting to abate. They really trust the government...so when they get a green light, they will drop the masks, and finally have a few nice evenings on the town. I have a feeling that there are many in similar boats. For them, the Keg is a higher end outing where they really like to splurge a couple times a year. It has been the special place to go for decades...a lot of good memories.

I can't say for sure, but I think Q2 2022 will be a record quarter for the Keg.un barring anything unforseen. We shall see soon!

guppy.

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