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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Comment by wordlesson Jun 23, 2015 11:22am

101 Views

Post# 23859299

RE:RE:we get royalties

SALES x 4% = Royalties

Higher beef costs = higher menu prices = higher same store sales = highre royalties

Lower margins to the Keg = whos cares. Irrelevant tot he income fund.

US sales = 10% of total sales. Yes the dollar helped. but considering it's 10% of sales, the USD isn't going to make or break the company.

Sames store sales are through the roof -- That's al that really matters.

They justa nnounced another distribution increase as well11111111111111111

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