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Diversified Royalty Corp T.DIV

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

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

Comment by hawk35on May 25, 2022 4:20pm
62 Views
Post# 34707347

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

RE:RE:RE:RE:RE:RE:Overlooked aspect of the Mr.Lube businessNo it is not likely that doing quick charging is reaslistic for Mr. Lube. 

Petro Canada and other national gas station providers are currently looking at the same thing.  They have determined that people won't wait around even for a quick charge.  Most gas stations have a lot of land so they are looking at offering services that a customer can use while waiting for the charge.  Services now being looked at are a gym, restaurant, grocery store or specialty shopping like cell phones or electronics.  This type of model appears to be most profitable for the major gas station chains and offers convenience to their customers.  I'm not sure Mr. Lube has the square footage required to offer this but who knows.
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