The Keg Royalties Income Fund Announces February 2014 Cash Distribution
Company Added
Company Removed
Apply to Request List

The Keg Royalties Income Fund Announces February 2014 Cash Distribution

VANCOUVER, BRITISH COLUMBIA - (Marketwired - Feb. 12, 2014) - The Keg Royalties Income Fund (the "Fund") (TSX:KEG.UN) today announced that its February 2014 distribution of $0.08 cents per unit has been declared and is payable to unitholders of record as at February 21, 2014. The February 2014 distribution will be paid on February 28, 2014.

The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership (the "Partnership"), a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. ("KRL"). In exchange for use of those trademarks, KRL pays the Fund a royalty of 4% of gross sales of Keg restaurants included in the royalty pool.

About Vancouver-based KRL

With approximately 9,500 employees, over 100 restaurants and system sales of approximately $500 million, Vancouver-based KRL is the leading operator and franchisor of steakhouse restaurants in Canada and has a substantial presence in select regional markets in the United States. KRL continues to operate The Keg restaurant system and expand that system through the addition of both corporate and franchised Keg steakhouses. KRL has been named one of the "50 Best Employers in Canada" by Aon Hewitt for the past twelve years.

Contact:

Neil Maclean
604-276-0242
neilm@kegrestaurants.com
www.kegincomefund.com

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

Amazing Lash Studio
We are looking for qualified, committed business owners interested in a franchise opportunity with a market leader.
UBreakiFix
uBreakiFix is a consumer electronics repair company based out of Orlando, FL that specializes in refurbishing and restoring smartphones, tablets,...
Pancheros Mexican Grill
Panchero's is a quick-serve, fresh-Mexican franchise founded in 1992, famous for serving tortillas pressed fresh right before its customers' eyes...
Wayback Burgers
Wayback Burgers is strategically poised to grow dynamically. This could be your opportunity to partner with a leader in a rapidly growing food market...
Scissors & Scotch
Scissors & Scotch provides a badass grooming experience for men, and a kickass investment opportunity for you. We’re looking to expand...
Share This Page

Subscribe to Our Newsletters

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 - 2019.
All Rights Reserved.