Southern Steer Butcher
Southern Steer Butcher operates as 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. The franchise grants licenses to qualified third parties to develop, own, and operate these businesses under the Southern Steer mark, emphasizing uniformity, quality standards, and a system that includes proprietary products and services. It targets customers seeking premium meat products, prepared foods, and educational culinary experiences, with a business model focused on franchising to experienced businesspersons in protected areas.
Franchise Costs
No royalty fee. 1% Brand Fund + $1,437/mo (technology $507 + POS $800 + QuickBooks $80 + signage/Recipe $50) + insurance $500-$667/mo.
Financial Performance
Item 19 Financial Performance
Data Based On: Data for two franchised Southern Steer Business locations (Sarasota and Ocoee) for the 2024 reporting period, as presented in Charts 5(A), 5(B), and 5(C).
* Average Gross Revenue, Average Gross Profit, Average Net Profit, and corresponding profit ranges were calculated by averaging the reported values for the two franchised locations (Sarasota and Ocoee) for the 2024 reporting period, as presented in Chart 5(A), 5(B), and 5(C). 'Average Net Profit' corresponds to the average of 'Adjusted Net Income Before Owner's Compensation' for the two locations. 'ebitda_margin_pct' is derived from the average of 'Adjusted Net Profit Margin' for the two locations, as a proxy for a comprehensive profit margin. 'best_guess_profit_low' is the average of 'Adjusted Net Income Before Owner's Compensation'. 'best_guess_profit_high' is the average of 'Net Income Before Owner's Compensation' (unadjusted).
Extracted Item 19 Section
How Southern Steer Butcher Compares
Key Insights
- Higher investment than 79% of Specialty Food franchises
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Southern Steer Butcher Current | $334K – $640K | $60K | N/A | 6 |
| EDIBLE ARRANGEMENTS | $214K – $587K | $30K | 5.0% | 680 |
| HONEYBAKED HAM AND THE HONEYBAKED HAM AND CAFE CO. | $514K – $830K | $20K | 6.0% | 212 |
| CANTEEN | $9K – $44K | $3K | 5.3% | 100 |
| The Spice & Tea Exchange | $299K – $532K | $39K | 7.0% | 93 |
| GRAZE CRAZE | $167K – $326K | $50K | 6.0% | 89 |
Specialty Food Average 14 franchises | $254K – $522K | $31K | 6.1% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 14 Specialty Food franchises by location count.
SBA Loan History
Historical SBA 7(a) loan data for Southern Steer Butcher franchisees (2021 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
20 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
20 Contacts Available
Unlock all Southern Steer Butcher franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a Southern Steer Butcher franchise ranges from $334,206 to $640,206. This includes a franchise fee of $59,500.
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