Southern Steer Butcher
Retail & Consumer Goods · Specialty Retail
- Active units
- 6
- Royalty
- 6.0%
Franchised, year-end 2024
of weekly Net Sales
About Southern Steer Butcher
Detailed brand overview is not available yet for this profile.
Key terms
- Franchise fee
$60k
- Deposit Agreement option
May pay a non-refundable $29,750 deposit toward the Initial Franchise Fee; balance due upon funding or 30 days from Deposit Agreement effective date (extendable once by 30 days).
- Possible early franchisee royalty reduction
We may reduce the Royalty for a period of time for up to the first five qualified Franchisees.
- Brand fund
1.0% of Net Sales
- Local advertising
1.0% of Net Sales
- Footprint
1,800 – 2,500 sq ft
- Multi-Unit Development Agreement (MUDA)
$92k
- Veteran discount
15.0% off franchise fee — Veterans of the United States armed services will receive a 15% discount on the Initial Franchise Fee.
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2025 filing); filings on file: 2024, 2025.
Growth
- Total locations—
Franchised units open at year-end
- New openings—
Gross new units opened during the calendar year
- 1-year unit growth rate—
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio—
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$1.8M
Average annual revenue calculated as the mean of 2024 Total Gross Sales for the three locations included in Item 19.
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate22.3%
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$487k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open—
Midpoint of average time from agreement to opening
- Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio3.7×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.