Sir Royalty Income Fund SIRZF

Primary Symbol: T.SRV.UN

Consumer Cyclical Restaurants

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.

TSX:SRV.UN - Post by User

Sir Royalty Income Fund

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Post by flamingogoldon Feb 12, 2023 1:14pm

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Post# 35282109

Busiest I've seen so far

Visited Jack's on Friday night where they have their own dedicated parking lot that they share with Scaddabush. This lot holds maybe 200 cars. During covid the lot was mostly empty.

Since restrictions dropped, the lot has been about 75% full on Fri-Sat nights. This time every spot was taken and when I was leaving a car stopped to wait for me to exit. Saw another car waiting for another person to exit too.

Inside was bustling. Despite all the recession talk, the customer does not seem to be cutting back on a night out with friends and family. Let the good times keep rolling!

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