How Much Does it Cost?

Owning a butcher shop franchise doesn’t have to break the bank

Making the decision to go into business for yourself and take control of your future doesn’t have to break the bank. In fact, Southern Steer franchise was designed to have affordable costs in order to help as many entrepreneurs open a local butcher shop in their communities as possible.

The total costs to open a Southern Steer begin at $265,945, and if you take advantage of the financing options that exist, owning a Southern Steer can be even more affordable. These low costs of ownership are a reflection of our commitment to helping you realize your full potential in business and help you create a life full of opportunity by providing a service that your community needs.

“One of the silver linings of the recent pandemic is the explosion in entrepreneurship,” says Jack Lapointe, a franchise veteran and investor in Southern Steer. “Owning your own business allows you to participate in the market at your full potential, to build something that you can scale, grow, and create equity. The advantage of a business is that you can build a legacy for your family or sell it when you’re ready to retire – you can’t do that with a job. Our commitment in this franchise is to help entrepreneurs prosper. Now is the time to invest in yourself and your future.”

Do you offer direct access to financing?

While Southern Steer doesn’t offer financing directly, we do have relationships with third-party lenders who can help you secure the financing you need to open your business. There’s a myriad of financing options available on the market, and a third-party lender can help you understand the available options and make the right decision for you.

What do I get for my franchise fee?

The franchise fee for Southern Steer is $45,000, and with it comes access to a robust training and ongoing support platform. We help you with everything from marketing, building brand recognition, real-estate, training your employees, managing inventory, building a loyalty program, professional development coaching, and much more! When you franchise with Southern Steer, you’re joining a brand that has your back.

Here’s a breakdown of the costs & fees associated with opening a Southern Steer franchise

For a deeper dive into the costs & fees associated with opening a Southern Steer franchise, please review Item 7 from our most recent Franchise Disclosure Document below:

Type of Expenditure Amount Method of Payment When Due To Whom Payment Is To Be Made
Initial Franchise Fee $45,000 Lump Sum When You Sign the Franchise Agreement Us
Travel and Living Expenses for Initial Training for Eight Weeks $1,120 - $14,000 As Incurred As Incurred During Training Airlines, Car Rental, Hotels and Restaurants
Architectural, Mechanical and Electrical Design $3,500 - $4,000 As Arranged As Incurred Architect
Lease Deposit $7,000 - $14,000 As Arranged As Arranged Landlord
Utility Deposits $0 - $1,000 As Arranged As Arranged Utility and Phone Companies
Leasehold Improvements / Construction $40,000 - $175,000 As Arranged As Incurred Suppliers
Rent for Three Months $10,500 - $21,000 $,3500 - $7,000 Per Month Monthly Landlord
Inventory and Supplies for Three Months $25,000 - $70,000 Lump Sum Upon Inventory Delivery Suppliers
Furnishings, Fixtures, and Equipment $80,000 - $125,000 As Arranged As Incurred Suppliers or Us
Exterior and Interior Signage $5,000 - $8,000 As Arranged As Incurred Suppliers
Purchase of Point-of-Sale and Computer System $0 -$10,200 As Arranged As Incurred Suppliers
POS Lease Equipment Fee for Point-of-Sale and Computer System for Three Months $0 - $720 Monthly Monthly Supplier
Permits and Licenses $1,725 - $2,125 Lump Sum Before Opening Governmental Agencies
Security System Set Up and Three Months Fee $1,300 As Arranged for Set Up $100 Per Month Supplier
Music License for Three Months $75 $25 Per Month Monthly Supplier
Technology Fee for Three Months $270 $90 Per Month Monthly Suppliers
Accounting Software Fee and Setup for first Three Months $1,075 One-time set up fee of $130 plus Quarterly Fee of $945 Quarterly Suppliers
Legal and Accounting Fees $3,000 - $5,000 As Incurred As Incurred Attorneys and Accountants
Insurance for Three Months $1,800 - $3,300 $600 - $1,100 Per Month Monthly Suppliers
Grand Opening Advertising $5,000 - $10,000 As Incurred Before Opening Suppliers
Grand Opening Support Travel and Living Expenses $3,380 - $4,300 As Arranged Prior to Grand Opening Airlines, Hotels, Transportation and Restaurants
Miscellaneous $1,200 - $4,000 As Incurred As Incurred Suppliers, Accounting Software, Construction Cleaning Company
Additional Funds - Three Months $30,000 - $50,000 As Incurred As Incurred Us, Landlord, Suppliers and Utilities
TOTAL $265,945 - $569,365

Ready to Become a Southern Steer Franchise Owner?

If you’re ready to open a butcher shop franchise in your community, simply fill out the form on this site and begin a conversation. We can’t wait to learn more about you!

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