Sir Royalty Income Fund
Richard Johnson is an accomplished regional manager currently with Service Inspired Restaurants (SIR Corp.) since November 2022. Previously, Richard held the position of Director of Operations at The MRG Group, where responsibilities included providing vision and strategy for long-term divisional focuses and monitoring KPIs for operational adjustments. As Regional Operations Manager at FAB Restaurant Concepts, Richard managed multi-unit operations with a focus on strategic planning and financial accountability across Ontario, Canada. Additional experience includes roles as Multi-unit Manager at Nordstrom, Restaurant General Manager and Assistant Restaurant General Manager at KONA BREWERY, LLC, Bar Manager at Yard House Restaurants, and various management positions at Ruby Tuesday from 1996 to 2008.
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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.