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 > Jack's website refresh

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Comment by Robsopinionon Mar 18, 2022 2:55pm

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RE:Jack's website refresh

But, they are discounting very heavily on the delivery Aps? I've received 2 for 1 offers from Scaddabush, Jacks, and Renegade. And these delivery Aps are already taking 25% (ish). I'm not sure how that works on our end, if we take the hit also or if Corporate eats it?
Would anyone know?

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