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Diversified Royalty Corp T.DIV

Alternate Symbol(s):  BEVFF | T.DIV.DB.A

Consumer Cyclical Auto & Truck Dealerships
Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in acquiring royalties from multi-location businesses and franchisors in North America. It owns Mr. Lube + Tires, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademarks. Mr. Lube + Tires is the quick lube service business in Canada, with locations across Canada. AIR MILES is a coalition loyalty program. Sutton is a residential real estate brokerage franchisor business in Canada. Mr. Mikes operates casual steakhouse restaurants in western Canadian communities. Nurse Next Door is a home care provider. Oxford Learning Centres is a franchisee supplemental education service. Stratus Building Solutions is a commercial cleaning service franchise company providing comprehensive environmentally friendly janitorial, building cleaning, and office cleaning services in the United States. BarBurrito is a quick-service Mexican restaurant food chain.


TSX:DIV - Post by User

Diversified Royalty Corp > Overlooked aspect of the Mr.Lube business
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Comment by maypeterson May 24, 2022 11:55am
86 Views
Post# 34703817

RE:RE:Overlooked aspect of the Mr.Lube business

RE:RE:Overlooked aspect of the Mr.Lube businessyou must be dreaming if all the cars on the road are EV in the near future. 

hawk35 wrote:
Sorry but I don't agree.  Today oil change brings in the customer.  Mr. Lube tells them their breaks need servicing and they get additional revenue.  With EV oil change is gone and so is the opportunity to upsell break and other services every 3 or 4 months.  Their revenue will take a hit unless they can find another captive service that will bring in the customers so they can upsell other services.  Not saying it is not possible but the risk right now is high.  And we would not even be talking about this except for the fact that Mr Lube contributes the lions share of the dividend.


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