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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 bcscon Aug 10, 2022 12:56pm
134 Views
Post# 34885347

RE:RE:RE:RE:RE:Royalty partners

RE:RE:RE:RE:RE:Royalty partners
babedinkleman wrote: That might work.  I'm not sure there are any franchises in that area though.  Much of that type of business is done with cash/under the table transactions.....that may be why if nobody has bothered or successfully franchised it.....many in the field wouldn't be accurately reporting their revenue and doing side jobs bypassing the franchiser.  Mostly mom and pop type operations......and the cash business side make it very lucrative.

I was a home renovation contractor for over 20 years and can safely say that cash jobs are almost always initiated by the homeowner looking to save at least the tax. (including former elected members of the provincial government)  Try getting a loan to buy a new truck (let alone a mortgage) when yoiu don't have the income on the books. There are further issues with insurance (both liability and worker safety) and collections.  If your contractor asks to do the job under the table, find a different contractor. Having everything above board is in the best interest of all parties


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