Sir Royalty Income Fund
Paul Farmer is an experienced manager in the restaurant and events industries, currently serving as General Manager at Service Inspired Restaurants (SIR Corp.) since August 2021. Previously, Paul held various management roles at Lonestar Restaurants, Kelsey's Restaurant, Mainway Sports Centre, and Clublink Corporation, where responsibilities included overseeing food and beverage operations, guest satisfaction, and staff development. Paul's earlier experience includes roles in corporate events coordination and account management at Eagle Ridge Golf Club and Venngo Inc., respectively. A background in hospitality is complemented by a tenure as a musician with Royal Caribbean International, where performance skills and customer service were key. Paul holds a Certificate of Studies in French Immersion from Georgetown District High School.
Sir Royalty Income Fund
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 and Canyon Creek Chop House, and signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Far Niente/FOUR/Petit Four and the Loose Moose Tap & Grill, 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 intends to pay distributions to unitholders on a monthly basis. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership. SIR also owns and operates a Duke's Refresher & Bar located in downtown Toronto and one seasonal restaurant, Abbey's Bakehouse.