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.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund > If you bought at $1.50...

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Comment by Robsopinionon Sep 13, 2021 3:34pm

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Post# 33849888

RE:RE:RE:RE:RE:If you bought at $1.50...

Yes, but remember SIR also closed restaurants during the last 18 months.

the industry, across the board is increasing prices, all of the input costs for restaurants have increased, and with razor thin margins, price increases are the only option. Since we take our cut off top line, the top line sales, off fewer guests, and fewer stores, should be our saviour. Until the customers run out of money lol

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