The Keg Royalties Income Fund announces October 2008 cash distribution

October 13, 2008 // Franchising.com // Vancouver, – The Keg Royalties Income Fund (the "Fund") (TSX: KEG.UN) today announced that its October 2008 distribution of $0.1065 cents per unit has been declared and is payable to unitholders of record as at October 21, 2008. The October 2008 distribution will be paid on October 31, 2008.

The Fund is a limited purpose, open-ended trust established under the laws of Ontario. The Fund indirectly owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. ("KRL") in its Keg Steakhouses & Bars. In exchange for the use of those trademarks, KRL pays the Fund a royalty equal to 4% of the sales of all Keg restaurants in the royalty pool.

Vancouver-based Keg Restaurants Ltd. is the leading operator and franchisor of steakhouse restaurants in Canada and has a substantial presence in select regional markets in the United States. Keg Restaurants Ltd. continues to operate The Keg restaurant system and expand that system through the addition of both corporate and franchised Keg steakhouses. The Keg has been named one of the "50 Best Employers in Canada" for the past six years by the Globe and Mail's Report on Business Magazine. For more information on our brand visit www.kegsteakhouse.com.

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

California Tortilla
Food that's built to impress. For a restaurant that's built to perform. For a franchise that's built to grow. The California Tortilla concept is...
REVOLISM Wellness and Weight Loss
Live Well, Lose Weight and Feel Better with REVOLISM
Anytime Fitness
Align with the world leader in fitness. Recurring-revenue business model, multi-club ownership potential. Don’t just join a franchise, join a...
Estrella Insurance
Estrella Insurance® specializes auto insurance & car insurance quotes.
Smoothie Factory
Are you interested in a health conscious franchise opportunity in a growing smoothie industry that does over $2 billion in annual sales in the United...
Share This Page

Subscribe to Franchising.com Express

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2018.
All Rights Reserved.