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.

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Post by flamingogoldon Oct 22, 2021 7:56pm

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The local Jack's / Scaddabush in my area continues to show improved traffic with the lot the fullest I've seen since pre-pandemic (almost every spot was taken). Can't say that this is the case for the entire chain but I like what I see. I would be worried if the dinner hour on a Friday night showed a mostly empty lot. Plus, there was a steady stream of cars pulling in for pickup. Ohh, and dinner was awesome too!

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