Southern Steer Butcher Franchise FDD, Profits & Costs (2025)
Southern Steer Butcher is a modern neighborhood butcher shop that offers high-quality, ethically sourced meats, marinated specialties, homemade sides, specialty groceries, craft beers, and wines.
Founded in 2013 in Clearwater, Florida, by Greg Snyder, the company began franchising in 2020.
The franchise differentiates itself by focusing on community engagement and personalized customer service, creating a neighborhood butcher experience that emphasizes quality and trust. This approach has led to strong customer loyalty and a growing presence in the market.
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Initial Investment
How much does it cost to start a Southern Steer Butcher franchise? It costs on average between $429,000 – $723,000 to start a Southern Steer Butcher franchised facility.
This includes costs for construction, equipment, inventory, and initial operating expenses. The exact amount depends on various factors, including the size of the store, the location, and whether the franchisee chooses to lease or purchase the property.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $59,500 |
| Travel and Living Expenses for Training | $4,000 – $7,000 |
| On-Site Assistance Fee | $10,000 |
| Architectural, Mechanical, and Electrical Design | $12,000 – $18,000 |
| Lease Deposit | $5,000 – $8,000 |
| Utility Deposits | $0 – $1,000 |
| Leasehold Improvements/Construction | $132,000 – $275,000 |
| Rent for Three Months | $10,500 – $25,500 |
| Inventory and Supplies for Three Months | $20,000 – $50,000 |
| Furnishings, Fixtures, and Equipment | $120,000 – $185,000 |
| Exterior and Interior Signage | $8,000 – $13,000 |
| POS System Fee – Three Months | $2,400 |
| Permits and Licenses | $500 – $2,000 |
| Technology Fees for Three Months | $1,521 |
| Direct Ad TV | $180 |
| Legal, Accounting Fees | $1,500 – $2,500 |
| Recipe/Safety Fee | $105 |
| Insurance for Three Months | $1,500 – $2,000 |
| Grand Opening Advertising | $15,000 – $20,000 |
| Additional Funds – Three Months | $25,000 – $40,000 |
| Total | $428,706 – $722,706 |
Average Revenue (AUV)
How much revenue can you make with a Southern Steer Butcher franchise? A Southern Steer Butcher franchised outlet makes on average $1,591,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
This compares to $1,113,000 yearly revenue for similar other food & beverage franchises. Below are a few Southern Steer Butcher competitors as a comparison:
The most profitable franchises to own in 2025
We have compiled the list of the top 400 franchises across 9 industries. Download the report below.
Southern Steer Butcher Franchise Disclosure Document
Frequently Asked Questions
How many Southern Steer Butcher locations are there?
As of the latest data, Southern Steer Butcher has a total of 7 locations, 6 of which are franchise-owned and 1 company-owned.
What is the total investment required to open a Southern Steer Butcher franchise?
The total investment required to open a Southern Steer Butcher franchise ranges from $429,000 to $723,000.
What are the ongoing fees for a Southern Steer Butcher franchise?
Southern Steer Butcher franchisees are required to pay an ongoing royalty fee of 8% of gross sales. Additionally, franchisees must contribute to the marketing fund, which is 2% of gross sales.
These fees help support the brand’s growth and local advertising efforts, ensuring franchisees benefit from collective marketing initiatives and brand recognition.
What are the financial requirements to become a Southern Steer Butcher franchisee?
To become a Southern Steer Butcher franchisee, the financial requirements include a minimum net worth of $500,000 and liquid capital of at least $200,000. These requirements ensure that franchisees have the financial stability to cover the initial investment and sustain operations as they build their business.
How much can a Southern Steer Butcher franchise owner expect to earn?
The average gross sales for a Southern Steer Butcher franchise are approximately $1.59 million per location. Assuming a 15% operating profit margin, $1.59 million yearly revenue can result in $239,000 EBITDA annually.
Who owns Southern Steer Butcher?
Southern Steer Butcher franchise is owned by Greg Snyder, the founder of the brand, who continues to lead the company’s growth and expansion.
Disclaimer
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