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Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

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

Comment by flamingogoldon Jan 02, 2022 2:32pm
56 Views
Post# 34277486

RE:complimentary investment

RE:complimentary investmentThanks will keep an eye on it. Have quite a bit of exposure to the sector already especially now with SIR's revival. What's your target price on Givex?

Robsopinion wrote: If anyone here likes the sector and is looking for some diversifaction or complimentary oppertunity, I am again pointing out that Givex has recentlt gone public. They provide and host the platfroms for the gift card programs (Including to SIR) computer and POS hardware and software (Not sure about SIR) to many (if not the magority percentage wise) restaurants and hospitality businesses as a whole. No Dividend/distribution as of yet, and in a depressed sector because of COVID, but again something that some of you may be interested in.
Ticker GIVX on the TSX


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