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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 nedstar71on Nov 16, 2022 10:50am
260 Views
Post# 35103264

RE:Stratus

RE:Stratus Buildings were only empty for a very short period and even what were considered empty buildings were never 100% deserted and required increased cleaning. I was in such a building in Ottawa during a period when a top tech company had everyone working from home at the height of the hysteria during the pandemic. I've never seen such money spent on cleaning a 5 story office building in my life based on the possibility that 3 or 4 people might visit the office that day. Every surface, elevator buttons, door knobs etc were wiped and rewiped for the duration of the day, in addition to a much more rigorous cleaning of offices etc. It was seen as a liability issue. As I mentioned yesterday covid saved Kimco from going under. From my personal experience I'd be skeptical of any cleaning revenue numbers taken from 2020-2022, although no question residual trends may continue to an certain extent moving forward.
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