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

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Post by flamingogoldon Aug 20, 2022 10:01am

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Post# 34909182

Keg visit

Went to Keg (Leslie/DVP location) last night during the prime time dinner hour. Food quality and service on par as expected. Surprisingly, not as busy as I would have thought, although it is mid-August and many are likely on vacation.

Price tag for two with bottle of wine was around $200 with no appetizers. So, not the cheapest ticket in town. I just wonder how many folks are getting priced out here. Still a great place to go for a special occasion.

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