Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

Consumer Cyclical Restaurants

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.

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Sir Royalty Income Fund > Customers shifting to casual chains

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Post by flamingogoldon Jun 20, 2024 5:22pm

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Post# 36098899

Customers shifting to casual chains

This is US based data, but given SIR's concentration mainly in the GTA/Ontario, the trend may also apply. Personally, I hate eating at McD's. It is noisy with bells and beeps going on and off all the time like a hospital setting. And with prices rising, I am not surprised to come across this grwoing shift towards casual dine-in.

https://www.cnbc.com/2024/06/20/inflation-fast-food-diners-switch-to-casual-chains-darden-ceo-says.html

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