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 > Renegade chicken!

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Comment by flamingogoldon Jan 22, 2022 8:46am

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Post# 34346302

RE:RE:RE:RE:RE:Renegade chicken!

The St. Lawrence Market location remained open, all others closed immediately when Janes and Fowler settled the dispute.

Really excited to hear it's relaunching. The fast food market, while extremely crowed, is ginormous around $27 billion. For a small player like SIR, they don't need to own it, just steal a few % pts from the competition to make a big difference to their bottom line. The potential is huge, rollout initially through Jack's again, but beyond that they could easily look to franchise the model to the rest of Canada now with two great forces behind the machine.

wildrunner11 wrote:
Just checking Renegade Chicken website is up, definitely easier to pick location then when I did it a year ago.

Did they ever close it? Or just recently reopen? I thought from one of the press releases it got closed?

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