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Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

Consumer Cyclical Restaurants
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 > Instagram followers
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Comment by flamingogoldon May 10, 2021 3:29pm
56 Views
Post# 33166748

RE:RE:Instagram followers

RE:RE:Instagram followersWhat I like is that Renegade does not need to own this market. They only need to steal a fraction dominated by the big chains to substanially catapult the bottom line. This take-out/delivery only model also provides a much needed hedge against dine-in only operations and one that can roll out quickly across many regions. The big mystery is how will it be treated going forward.

BlueJay2020 wrote: Can anyone outline with that financial benefit to SIR CORP would be of so doing, and the basis on which consideration is calculated? Wouldn't they need a track record of sales in order to decide what the 'chain' was worth?

Chicken is really a hot property right now.  Both McDonalds and Popeye's have done very well with their new sandwiches.  Personally, I am not sure what the fuss is about.


quote=flamingogold]Instagram follwer count has doubled for Renegade in the last few weeks. Scaddabush and Jack's holding steady. I can't see how Renegade does not roll out prime time. Question is, will it vend into the fund.

Instagram followers
Jack's 14,900
Scaddabush 9,457
Renegade 3,352



[/quote]

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