Pizza Pizza Royalty Corp

Pizza Pizza Royalty Corp. is a Canadian corporation that owns trademarks and trade names used by Pizza Pizza Limited in its quick-service restaurants. Established under Ontario laws and formerly known as Pizza Pizza Royalty Income Fund, it operates through its subsidiary, Pizza Pizza Royalty Limited Partnership, earning royalty income equivalent to 6% of system sales from Pizza Pizza restaurants and 9% from Pizza 73 restaurants within the royalty pool, after deducting operating expenses. Founded in 1967 and headquartered in Toronto, Ontario, the company plays a pivotal role in the Canadian quick-service restaurant sector, focusing on franchised operations under these established brands. Its business model provides investors exposure to the consumer discretionary industry, particularly restaurants, without direct operational involvement in daily restaurant management. Key executives, including President and CEO Paul Goddard, oversee strategic direction, supporting long-term stability in a competitive market. This structure highlights its significance in delivering consistent royalty-based revenue tied to brand performance.