SIR Royalty Income Fund Unit T.SRV.UN

Alternate Symbol(s): SIRZF

Consumer Cyclical Restaurants

SIR Royalty Income Fund (The fund) holds an investment in SIR (Service Inspired Restaurant) Corp. The company is a privately held corporation that owns and operates a diverse portfolio of restaurants in Canada. It has concept restaurant brands, including Jack Astor's Bar and Grill, Scaddabush Italian Kitchen & Bar; and SIR's signature restaurant brands, including Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose. The fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. It generates revenue through the license and royalty agreement from its investments in partnership.

TSX:SRV.UN - Post by User

SIR Royalty Income Fund Unit

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Post by pjn0987654321on Jan 26, 2023 8:46am

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Post# 35247276

Restaurant spending decreasing?

I saw a line from RBC saying that their credit card holders are reducing their spending on restaurants. Whether RBC credit card holders are representative of all credit card holders, I don't know.

I thought I'd pass it on although I'm no longer in SRV.UN and have no intention of reentering.

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