Sir Royalty Income Fund SIRZF

Primary Symbol: T.SRV.UN

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

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Post by Robsopinionon Sep 13, 2021 9:44am

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Restaurant traffic

Mid September to mid October is one of the, if not the slowest period for chain restaurants. January/February are heavily supported by gift card redemption (typically)
just after school starts families (that really make up the bulk of the sales) are really feeling the pinch of end of year vacations and back to school costs.

if you notice lower traffic for ghe next 4 weeks just know that it would be typical, but again we are in anything like a typical year.

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