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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
No royalty fee. 1% Brand Fund + $1,437/mo (technology $507 + POS $800 + QuickBooks $80 + signage/Recipe $50) + insurance $500-$667/mo.
Franchise Stats
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 to Other Specialty Food Franchises
Key Insights
- Higher investment than 77% of Specialty Food franchises
| Franchise | Investment Range | Franchise 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. | $581K - $877K | $15K | 6.0% | 208 |
| 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 13 franchises | $277K - $556K | $33K | 5.8% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 13 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
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Southern Steer Butcher franchise?
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.
How much revenue does a Southern Steer Butcher franchise make?
According to the 2025 FDD, the average gross revenue for a Southern Steer Butcher franchise is $1,590,826.65.
How much profit can you make with a Southern Steer Butcher franchise?
Based on the financial performance data in the FDD, estimated profit for a Southern Steer Butcher franchise ranges from $128,668.98 to $166,233.79 per year. Actual results vary based on location, management, and market conditions.
How many Southern Steer Butcher franchise locations are there?
As of the 2025 FDD, Southern Steer Butcher has 6 franchise locations. The company has been franchising since 2020.
Can you get an SBA loan for a Southern Steer Butcher franchise?
Yes, SBA loans are available for Southern Steer Butcher franchises. Historical data shows 9 SBA 7(a) loans have been approved for Southern Steer Butcher franchisees, with an average loan amount of $385,044. The historical default rate is 0.0%.
Is Southern Steer Butcher a good franchise to buy?
Southern Steer Butcher shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
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