Southern Steer FDD – Franchise Information, Costs and Fees
Type of Business
Southern Steer Franchising International, LLC grants franchises for the operation of a full-service butcher shop and grocery specializing in marinated meats, specialty cuts, homemade prepared foods, specialty marinades, fine cheeses, wine and beer (where permitted) and food preparation classes/takeout food assembly packages under the mark “SOUTHERN STEER BUTCHER”
Corporate Information
Southern Steer Franchising International, LLC is a Florida limited liability company formed June 30, 2020. Their principal business address is 35246 US Hwy 19N #219, Palm Harbor, FL 34684. They began offering franchises for a Southern Steer Business on October 27, 2020.
Investment
The total investment necessary to begin operation of a single Southern Steer Business is $393,636 to $671,750. This includes $69,500 that must be paid to the franchisor.
The franchisor may offer certain prospective franchisees the right to become a multi-unit developer under the Multi Unit Development Agreement (“MUDA”). As a multi-unit developer, You must purchase a minimum of three Southern Steer Businesses within a specified Development Territory. In addition to the total investment for the first Southern Steer Business described above the investment necessary for each additional Southern Steer
Business as a multi-unit developer is $334,136 to $612,250 plus the Development Fee of $49,500 for the second Southern Steer Business and $42,000 for the third Southern Steer Businesses You agree to open under the MUDA. The total investment for three Southern Steer Businesses is $1,153,408 to $1,987,750. This includes $181,000 paid to the franchisor.
