Southern Steer franchise: cost, fees and total investment
Short answer: The Southern Steer franchise fee is $59,500 and the total initial investment ranges from $428,706 to $722,706, with about $100,000 in liquid cash required, based on franchise disclosure data compiled in October 2026. Confirm current figures in Items 5 and 7 of the Southern Steer FDD.
What are the Southern Steer franchise fees and investment?
The Southern Steer franchise requires a franchise fee of $59,500 and a total initial investment of $428,706 to $722,706. The franchise fee is one line inside the total investment, which also covers location, equipment, opening inventory and working capital.
| Franchise fee (FDD Item 5) | $59,500 |
|---|---|
| Total initial investment (FDD Item 7) | $428,706 to $722,706 |
| Minimum liquid cash | $100,000 |
| US locations | 7 |
| Industry | Food & Restaurant |
| Headquarters | Palm Harbor, Florida |
| Founded | 2012 |
| Franchising since | 2020 |
How does the Southern Steer investment compare with other food & restaurant franchises?
Southern Steer's minimum investment of $428,706 is above the median minimum investment of $297,082 across the 1213 food & restaurant franchises in the SelectFranchiseList database. 411 of the other 1211 brands in this industry start at a higher investment. Its franchise fee starting at $59,500 compares with an industry median of $35,000.
By minimum investment, Southern Steer belongs with franchises from $250,000 to $500,000.
What should you verify in the Southern Steer FDD?
Verify six parts of the Southern Steer Franchise Disclosure Document before you sign, because figures change with every annual FDD:
- Item 5 and Item 6: the current franchise fee, royalty, marketing fund and technology fees.
- Item 7: the full investment range by expense line, including working capital.
- Item 19: whether Southern Steer discloses financial performance data, and which units it covers.
- Item 20: openings, closures and transfers, plus contacts for current and former franchisees.
- Item 21: the franchisor's audited financial statements.
- Item 12: whether your territory is protected.
The full list of Items is in the FDD guide. You must receive the FDD at least 14 calendar days before you sign a binding agreement or pay any money.
Which franchises are similar to Southern Steer?
These food & restaurant franchises have the closest minimum investment to Southern Steer:
| Franchise | Franchise fee | Total investment |
|---|---|---|
| Baja Fresh | $12,000 to $30,000 | $428,560 to $1,012,290 |
| Izakaya Sea-Sun | $100,000 | $428,160 to $597,560 |
| Riverside Pizzeria | $50,000 | $428,000 |
| Melt Shop | $35,000 | $426,946 to $767,369 |
| Gravity | $54,900 | $431,675 to $1,672,095 |
See every brand in food & restaurant franchises.
Frequently asked questions
How much does a Southern Steer franchise cost?
The total initial investment for a Southern Steer franchise ranges from $428,706 to $722,706, including a franchise fee of $59,500, according to franchise disclosure data compiled in October 2026. The exact amount depends on location, build-out and working capital, as shown in Item 7 of the FDD.
How much cash do you need to open a Southern Steer franchise?
Southern Steer lists a minimum of about $100,000 in liquid cash. Lenders usually finance part of the remaining investment, and the franchisor confirms its capital requirements during qualification.
How many Southern Steer locations are there?
Southern Steer reported 7 US locations in the data compiled in October 2026. Item 20 of the FDD shows openings, closures and transfers for the last three years.
How long has Southern Steer been franchising?
Southern Steer started offering franchises in 2020 after the company was founded in 2012.
Figures are compiled from franchise disclosure data and public franchise listings as of October 2026 and may have changed. Southern Steer and its trademarks belong to their owner; SelectFranchiseList is not affiliated with or endorsed by Southern Steer. This page is not an offer to sell a franchise. Only the franchisor's current FDD is authoritative.