Franchise opportunities compared

    Gnc Holdings vs Southern Steer Butcher

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Gnc Holdings

    $31,870 – $530,342

    2026 FDD · Item 7

    Southern Steer Butcher

    $376,223 – $2,364,529

    2026 FDD · Item 7

    Initial franchise fee · Item 5

    Gnc Holdings

    Not available

    Southern Steer Butcher

    $59,500

    2026 FDD · Item 5 · PDF p. 9

    Royalty · Item 6

    Gnc Holdings

    6%

    2026 FDD · Item 6 · PDF p. 39

    Southern Steer Butcher

    6%

    2026 FDD · Item 6 · PDF p. 11

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Gnc Holdings and Southern Steer Butcher disclose more than one business format, so the investment range spans formats; the full report breaks them out.
    • Item 19 figures cover the location groups each FDD names (Gnc Holdings: 1, Southern Steer Butcher: 172). Different groups are not directly comparable.

    Financial commitment

    Estimated initial investment (Item 7)

    Gnc Holdings

    $31,870 – $530,342
    2026 FDD · Item 7

    Southern Steer Butcher

    $376,223 – $2,364,529
    2026 FDD · Item 7
    Standard initial franchise fee (Item 5)

    Gnc Holdings

    Not available
    No single standard fee identified

    Southern Steer Butcher

    $59,500
    2026 FDD · Item 5 · PDF p. 9
    Royalty (Item 6)

    Gnc Holdings

    6%
    Royalty
    2026 FDD · Item 6 · PDF p. 39

    Southern Steer Butcher

    6%
    Royalty — tier 1 rate
    2026 FDD · Item 6 · PDF p. 11
    Brand / advertising fund (Item 6)

    Gnc Holdings

    3%
    National advertising fee — 3%
    2026 FDD · Item 6 · PDF p. 39

    Southern Steer Butcher

    2%
    Brand Fund Contribution — 2%
    2026 FDD · Item 6 · PDF p. 11

    System scale & health

    Total outlets (Item 20)

    Gnc Holdings

    1,960
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 109

    Southern Steer Butcher

    9
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 57
    Net outlet change (Item 20)

    Gnc Holdings

    +1,210
    Calculated: 750 at end of 2023 → 1,960 at end of 2025

    Southern Steer Butcher

    +5
    Calculated: 4 at end of 2023 → 9 at end of 2025
    Outlet exits (Item 20)

    Gnc Holdings

    Not available
    No complete exit records for a year

    Southern Steer Butcher

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Gnc Holdings

    Not available
    Not in reviewed records

    Southern Steer Butcher

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Gnc Holdings

    Not available
    Not in reviewed records

    Southern Steer Butcher

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    Gnc Holdings
    Locations counted not stated in the reviewed record
    259 stores
    other Stores at or above average
    2026 FDD · Item 19 · PDF p. 108
    Southern Steer Butcher
    Locations counted not stated in the reviewed record — Franchisee-operated Ocoee, Florida location; January 1–December 31, 2025; Net I…
    $162,923
    other Ocoee
    2026 FDD · Item 19 · PDF p. 54
    Locations counted not stated in the reviewed record — Franchisee-operated Jacksonville, Florida location; January 1–December 31, 2025…
    $16,725
    other Jacksonville
    2026 FDD · Item 19 · PDF p. 53
    Locations counted not stated in the reviewed record — Franchisee-operated St. Petersburg, Florida location; January 1–December 31, 20…
    $182,135
    other St. Petersburg
    2026 FDD · Item 19 · PDF p. 54
    +169 more groups in the full report

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Gnc Holdings vs Southern Steer Butcher: common questions

    Which costs less to open, Gnc Holdings or Southern Steer Butcher?
    Gnc Holdings: $31,870 – $530,342 (2026 FDD · Item 7); Southern Steer Butcher: $376,223 – $2,364,529 (2026 FDD · Item 7). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Gnc Holdings. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    How do Gnc Holdings and Southern Steer Butcher royalties compare?
    Gnc Holdings: 6% (2026 FDD · Item 6 · PDF p. 39); Southern Steer Butcher: 6% (2026 FDD · Item 6 · PDF p. 11). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, Gnc Holdings or Southern Steer Butcher?
    Gnc Holdings: 1,960 (2026 FDD · Item 20 · PDF p. 109); Southern Steer Butcher: 9 (2026 FDD · Item 20 · PDF p. 57). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Gnc Holdings and Southern Steer Butcher disclose financial performance (Item 19)?
    Gnc Holdings has reviewed Item 19 figures for 1 location group; Southern Steer Butcher has reviewed Item 19 figures for 172 location groups. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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