Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s): SIRZF

Financial Services Asset Management

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

Sir Royalty Income Fund

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Comment by borne2runon Jan 31, 2020 6:18pm

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Post# 30627834

RE:RE:RE:RE:RE:RE:RE:RE:RE:Adjustments to Royalty Pool

trallala wrote

I for one don't see people stopping from eating out.

I suggest you read the quarterly reports. The Company has been highlighting this very issue for the past three quarters. Uber Eats and Skip the Dishes are eating SIR's lunch. Fewer customers dining in the restaurants puts a real drag on the alcohol sales.

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