Diversified Royalty Corp. closes Mr. Lube + Tires buy
DIV currently owns the Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, BarBurrito, Cheba Hut and AIR MILES® trademarks, which DIV licences to its royalty partners. Sutton is among the leading residential real estate brokerage franchisor businesses in Canada. Mr. Mikes operates casual steakhouse restaurants primarily in western Canadian communities. Nurse Next Door is a home care provider with locations across Canada and the United States as well as in Australia. Oxford Learning Centres is one of Canada’s leading franchisee supplemental
education services. Stratus Building Solutions is a leading commercial cleaning service franchise company providing comprehensive janitorial, building cleaning, and office cleaning services primarily in the United States. BarBurrito is the largest quick service Mexican restaurant food chain in Canada. Cheba Hut is a fast casual toasted sub sandwich franchise with locations in the United States. AIR MILES® is a Canadian loyalty program.
Diversified Royalty Corp, Mr. Lube, Tires, franchisor business, royalty partners, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions, BarBurrito, Cheba Hut, AIR MILES
Mr. Lube + Tires? So like… they’re done doing oil changes or what?
This sounds like a bunch of random brands tied together and people are acting like it’s normal. AIR MILES was always sketchy anyway lol.
Wait I thought DIV was the one closing, not Diversified Royalty. Also if they own all these trademarks, does that mean Mr. Mikes is just gonna vanish? My buddy said Stratus Building Solutions is basically scams too, so I don’t know.
Closing the Mr. Lube + Tires buy just makes me think prices will go up. Like they’ll squeeze the franchisees and then tell everyone it’s ‘royalty partners’ or whatever. Nurse Next Door in Canada too?? Confusing. I read somewhere AIR MILES is getting canceled so maybe that’s related but who even knows.