Boston Pizza Royalties Income Fund T.BPF.UN

Alternate Symbol(s): BPZZF

Consumer Cyclical Restaurants

Boston Pizza Royalties Income Fund (the Fund) is a Canada-based open-ended trust. The Fund operates through its subsidiaries, Boston Pizza Holdings Trust, Boston Pizza Holdings GP Inc. and Boston Pizza Holdings Limited Partnership, its 80% owned subsidiary Boston Pizza GP Inc. (BPGP), and its interest in Boston Pizza Royalties Limited Partnership. BPGP is the managing general partner of Royalties LP. The Fund indirectly, through Royalties LP, acquire the trademarks and trade names owned by Boston Pizza International Inc. (BPI), including 'Boston Pizza' and other similar related items, logos and designs (collectively, the 'BP Rights') used in connection with the operation of Boston Pizza restaurants in Canada. The Company operates approximately 372 Boston Pizza Restaurants in the Royalty Pool, of which approximately 370 were operating and open for business to the public.

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Boston Pizza Royalties Income Fund

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Post by uchuckon Feb 12, 2017 4:50pm

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Post# 25834849

Innate Confidence of Management

There is an existing location in Victoria on Douglas St. and, now a brand new one built just North of the "Uptown" location (in Saanich Mun.'y) only about 3, 4 km. away (assuming both are part of the royalty pool?). With "Tuesday nite" dinner specials of only around $10.00, should not be any worry about "over-building," given close proximity to each other. P.S. I think Dollarama is getting over-built in Lower Mainland & Victoria area.

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