Franchise Diligence · Free snapshot

Southern Steer Butcher Franchise Review (2026)

Cost, Item 19 earnings & fees — from the actual FDD

A private-equity-grade read of the Southern Steer Butcher Franchise Disclosure Document — the real cost to open, the earnings picture, and the risks a salesperson has no incentive to mention.

Food & BeverageSpecialty retail

Item 19 · average monthly revenue

$169,345/mo

Franchisor-disclosed across 1 reporting units. This is revenue— the full report models what you'd actually keep after every fee.

Disclosed owner-side figure: $29,452/mo

Diligence risk level

High

3 high-severity operational tripwires disclosed — see the tripwires section.

Does it fit your capital?

How much can you put toward opening?

The cash you have for the build-out — the one number the whole deal is measured against.

Estimated cost to open (Item 7)your capital ▎

$376,223$797,343

Capital gap to top of range$547,343SBA loan or partner likely

At a glance

System units

+2 / −0 last yr

Earnings (Item 19)

Disclosed

10 cohorts

Royalty

ongoing royalty

What the sales deck won't lead with

Descriptive, FDD-cited disclosures — read them before discovery day.

▲The FDD discloses: The FDD's Special Risks section explicitly states the franchisor's financial condition calls into question its ability to provide services and support to franchisees.(Special Risks, p. iii; Item 21, p. 54)

▲The FDD discloses: Franchisee must achieve $1,000,000 in Year 1 rising to $1,700,000 by Year 5+; failure can result in territory reduction, additional competition in Protected Area, or termination.(Item 12, p. 30; Item 17, p. 37)

▲The FDD discloses: Royalties must be paid regardless of sales levels; inability to pay may result in franchise termination and loss of investment.(Special Risks, p. iii; Item 6, p. 6)

Every fee, tripwire and territory term is in the full report

The full report opens

What you'd actually keep — that revenue modeled to profit after royalty, fees and debt service
The full Item 19 breakdown — 10 disclosed cohorts
Financial-health severity grade (Item 21 audit)
Every fee and hidden cost, with page cites
Operational tripwires and territory terms

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Informational only — not legal, financial, or investment advice. Figures are AI-extracted from the Southern Steer Butcher FDD and may contain errors; verify every number against the source document and consult a qualified professional before deciding. Your uploads are processed to generate reports, not stored or sold.

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