Southern Steer

a Franchise Fastlane company

Southern Steer is a neighborhood butcher franchise that offers an assortment of fresh cut meats, homemade sausages, healthy side items, and marinated meat selections. They also provide gourmet groceries and can source exotic meats. Their business model…

Categories: Food: Stores & Catering, Retail

Concept Description

Southern Steer Butcher is a hospitality, high-quality, and community driven modern butcher shop. We offer premium, ethically sourced cuts, world famous marinated meats, homemade sides, specialty groceries, craft beers and wines. Our guests are inspired to return by emotional touch points not replicated in other retail environments. Giving back to and operating as an integral part of the community through outreach is core to our principles.

Southern Steer was founded in 2013 after Greg Snyder visited a butcher shop in the Northeast and recognized that there was a need for a community butcher shop in his hometown of Clearwater, Florida. As a niche business, Southern Steer becomes a pillar of the community when people visit to speak to a specialist, learn where their food comes from, and see how to keep it properly. It’s a service that cannot be replicated in the grocery store.

We’re far more “just a butcher shop.” Southern Steer is designed for long-term customer retention, community engagement with purpose, and a system focusing on providing healthy, high-quality meat products. As a franchise business owner, you have the handholding of the franchisor and the best practices of your peers to help you become the very best version of yourself, which can add tremendous value and goodwill to your franchise business. The business model is simple to run, with a small number of employees to begin, reasonable hours of operation and extensive training and support from
the corporate team.

Unit Option

Single, Multiple

Background

FDD Franchised Units: 8

Corporate Owned Units: 1

Projected New Units: 3

Year Established: 2013

First Year Franchised: 2023

Type of Business: Franchise

Number of Employees: Small (1-5)

Availability

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Not Available
Available
Focus

Territories: United States

Financials

Liquidity: $150,000

*Investment Range: $316,723 - $797,343

**Average Investment: $376,223 - $797,343
Provided by the Franchisor

Minimum Net Worth: $250,001, to $500,000

Franchise Fee: 1 Unit $59500 | 2 Units $1045003 | Units $174500 | 4 Units $209500

Royalty: 4% - 6%

Royalty Description: Beginning on the third month from Your Required Opening Date, 6% of annual Gross Revenues from $1.00 to $1,000,000; 5% from $1,000,001 to $2,000,000; and 4% from $2,000,001 and greater.

Advertising: Local: Up to 1% of monthly Gross Revenues.

National Advertising: 1% of weekly Gross Revenues.

Passive Ownership: Semi- passive at onset (they can hire a manager to run business)
Passive Ownership means the owner is working 15 hours or less per week in the business.

Available Discounts

  • Veterans

Discount Description: 15% off the IFF.

Training, Support and Assistance

Co-Operative Advertising: N/A

Site Selection Assistance: Available

Lease Negotiation Assistance: N/A

Length of Training: 4 weeks

Training Description:

4 Weeks of On-Site Training

  • 2 weeks in the Zors territory and 2 weeks on-site at the zees territory
  • Roles & responsibilities
  • Sales training
  • Opening & closing prep work
  • Customer service interactions & protocols
  • Day-to-day management tasks & protocols
  • Ordering & receiving inventory

Operational and Marketing Tools:

  • Marketing Strategies

    • Continuous Marketing Support with a 30-60-90 Day Launch Playbook​
    • Rewards Program​
    • SEO/PPC Digital
    • Local Radio/TV
    • Direct Mail
    • Grass Roots

Financing Assistance: N/A

Interested in this Concept? Unlock it with the form below.

Presented By:

William Huffhine

Quantum Franchise Group

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