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.

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Sir Royalty Income Fund > Major Globe and Mail feature

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Comment by Robsopinionon Jun 21, 2021 9:47am

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Post# 33419524

RE:Major Globe and Mail feature

It was a good article, hopefully it will bring some fresh buyers to the currently dwindling supply. It seems like there has only been sellers since the announcement of the settlement.

did you see the other two articles? One was about the rapidly rising food costs that restaurants now face and the other was about the labour shortage. It's going to be an interesting time for the industry.

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