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 > Keg Hamilton

<< Previous

Bullboard Posts

Next >>

Comment by Roman79on Aug 24, 2021 6:15pm

90 Views

Post# 33758854

RE:RE:Keg Hamilton

I went to the Barrie Keg on Saturday night, made a reservation for six on Friday and the soonest we could get a table was 9:30pm. When we arrived it was still packed with people and you could tell by the staff it was busy all night. Food and service was excellent as usual. Based on what I have seen on multiple visits since reopening I imagine the third and fourth quarter numbers will be records, unless we get locked down again. If another lockdown is avoided I'm sure we will see another distribution increase before the end of the year.

<< Previous

Bullboard Posts

Next >>

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle