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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 > Closure of 3 Restaurants...
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Comment by Robsopinionon Feb 10, 2021 12:29pm
81 Views
Post# 32526238

RE:RE:RE:RE:RE:RE:RE:Closure of 3 Restaurants...

RE:RE:RE:RE:RE:RE:RE:Closure of 3 Restaurants...

I'm not sure if anyone has experience with commercial leases, and more specifically restaurant leases, but my numbers are not a random guess. 

How were they profitable? Volume. Those front street locations simply did massive volume. 

not looking for an argument, just adding info from my personal experience. 

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