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

The Keg Royalties Income Fund Announces March 2014 Cash Distribution

VANCOUVER, BRITISH COLUMBIA - (Marketwired - March 12, 2014) - The Keg Royalties Income Fund (the "Fund") (TSX:KEG.UN) today announced that its March 2014 distribution of $0.08 cents per unit has been declared and is payable to unitholders of record as at March 21, 2014. The March 2014 distribution will be paid on March 31, 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 Keg Royalties

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
The Keg Royalties Income Fund
604-276-0242
neilm@kegrestaurants.com
www.kegincomefund.com

###

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

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...
Transworld Business Advisors
Transworld is partnered with the nation’s leading development team to offer this service as well to business owners.
Meineke Car Care Centers
Meineke Car Care Centers is a leader in the automotive aftermarket, providing high-quality, low-cost under-car repair services at more than 800...
Fitness Together
Join one of the largest personal training brands focused on results and accountability!
Wienerschnitzel
Profitable. Unique. Different. Wienerschnitzel wants you to join our franchise family. Why? As a prominent franchise of over 50 years we OWN the hot...
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.