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KEG Royalties Income Fund T.KEG.UN

Alternate Symbol(s):  KRIUF

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

Post by flamingogoldon Dec 15, 2020 2:39pm
260 Views
Post# 32110657

Brand loyalty

Brand loyaltyWished a family friend today a birthday and asked them what the plans were. They said they were going to do Keg indoor dining but have to drive a bit to get to one that was opened. The first 2 closest to them were booked so they are driving a bit further out. They are tired of ordering in and miss that great steak, service and ambiance that the Keg always delivers. No one can beat the Keg in brand loyalty.

We are still on sale. The Keg will be receive a higher valuation in 2021-22. GLTA
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