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Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

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.


TSX:SRV.UN - Post by User

Bullboard Posts
Post by grasshopper1917on Dec 13, 2019 5:32pm
183 Views
Post# 30453807

Cant grow sales forever

Cant grow sales foreverThe reality is sales cant go stright up forever. Pretty well all the big box eating establisments have been even to down in the last little while. This one seems to be priced as if the restaraunt industry is going under

From what I understand most places in Ontario had to jack up prices due to min wage hikes. As a result it is just natural business has slowed a little. Companies and consumers will adapt and things will stabalize.

That is unless you think people are going to stop leaving the house to do stuff. Which I dont think will happen however it is reasonable to think more and more people are becoming hermitts. Still I think business will also adjust to this. I dont think in the next 2 decades we are going to become a society of hermitts. 

Hopefully not  lol 
Bullboard Posts