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.

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Diversified Royalty Corp > Overlooked aspect of the Mr.Lube business

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Comment by Capharnaumon May 25, 2022 10:01am

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Post# 34706098

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

Martincat wrote: Could Mr. Lube not provide quick charging stns service to remedy possible lost of oil change income?

They could, but before they do, they need the EVs on the road need to grow by leaps and bounds. According to projections (I have a detailed post about it), in 2024, EVs could reach 4% of the vehicles on the road, with the 96% of gas cars on the road being larger than today. Maybe when EVs reach 10%, they'll start having an offer for them, but that's likely only happening around 2028.

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