VANCOUVER, BC, Dec. 7, 2023 /CNW/ - A&W Revenue Royalties Income Fund (the Fund) (TSX: AW.UN) and A&W Food Services of Canada Inc. (A&W Food Services) announced today that, effective January 5, 2024 the number of A&W restaurants for which royalties are paid to A&W Trade Marks Limited Partnership (the Partnership) will be increased by 19 new restaurants that were opened across Canada between September 9, 2022 and September 7, 2023, less 9 restaurants that were permanently closed between November 7, 2022 and November 5, 2023 (the Reporting Period). The addition of these 10 net additional restaurants brings the total number of A&W restaurants in the royalty pool (Royalty Pool) to 1,047. Since the inception of the Fund in 2002, the number of restaurants for which royalties are paid to the Fund (through the Partnership) has increased by 462 restaurants, from 585 to 1,047.
Read more at newswire.caA&W REVENUE ROYALTIES INCOME FUND ADDS 19 NEW RESTAURANTS TO ROYALTY POOL
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