Franchise opportunities compared

    MN Filing 35439-202602-15 vs Southern Steer

    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.

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Item 19 figures cover the location groups each FDD names (MN Filing 35439-202602-15: 46, Southern Steer: 8). Different groups are not directly comparable.
    DisclosureMFMN Filing 35439-202602-15Southern Steer
    Financial commitment
    Estimated initial investment (Item 7)
    $193,250 – $406,900
    Total estimated initial investment — single Store
    2026 FDD · Item 7 · PDF p. 23
    $376,223
    m When You sign the MUDA Us Initial Investment for First Southern Steer Business (2) — 376223
    2026 FDD · Item 7 · PDF p. 20
    Standard initial franchise fee (Item 5)
    Not available
    No single standard fee identified
    $59,500
    2026 FDD · Item 5 · PDF p. 10
    Royalty (Item 6)
    6%
    Royalty fee
    2026 FDD · Item 6 · PDF p. 16
    1 3 ) — 250
    on to the Royalty Fee and Brand Fund Contribution, if any. Liquidated Damages
    2026 FDD · Item 6 · PDF p. 14
    Brand / advertising fund (Item 6)
    $100
    SMS and email marketing fee — low end
    2026 FDD · Item 6 · PDF p. 19
    2% of 3) — 2%
    on each individual Southern Steer Business You operate . Brand Fund Contribution
    2026 FDD · Item 6 · PDF p. 11
    System scale & health
    Total outlets (Item 20)
    68
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 65
    18
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 57
    Net outlet change (Item 20)
    −20
    Calculated: 88 at end of 2023 → 68 at end of 2025
    +10
    Calculated: 8 at end of 2023 → 18 at end of 2025
    Outlet exits (Item 20)
    Not available
    No complete exit records for a year
    Not available
    No complete exit records for a year
    Franchising since (Item 1)
    Not available
    Not in reviewed records
    Not available
    Not in reviewed records
    Franchisor founded (Item 1)
    Not available
    Not in reviewed records
    Not available
    Not in reviewed records
    Performance (Item 19)
    Financial performance (Item 19), by location group
    Locations counted not stated in the reviewed record — Non-franchised Beef Jerky Experience Stores owned and operated by affiliates fo…
    $369,154
    other gross product cost · 2026 FDD · Item 19 · PDF p. 61
    Locations counted not stated in the reviewed record — Non-franchised Beef Jerky Experience Stores owned and operated by affiliates fo…
    $392,966
    other gross product cost · 2026 FDD · Item 19 · PDF p. 61
    Locations counted not stated in the reviewed record — Affiliate-owned Fueling Station Model Store — Beef Jerky category, FY2023
    $1,004,425
    other Gross product sales · 2026 FDD · Item 19 · PDF p. 63
    +43 more groups in the full report
    Locations counted not stated in the reviewed record — St. Petersburg
    0.7 percent
    other St. Petersburg · 2026 FDD · Item 19 · PDF p. 53
    Locations counted not stated in the reviewed record — Clearwater Florida
    44 percent
    other Clearwater · 2026 FDD · Item 19 · PDF p. 50
    Locations counted not stated in the reviewed record — Ocoee
    $13,452
    other Ocoee · 2026 FDD · Item 19 · PDF p. 53
    +5 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.

    MN Filing 35439-202602-15 vs Southern Steer: common questions

    Which costs less to open, MN Filing 35439-202602-15 or Southern Steer?
    MN Filing 35439-202602-15: $193,250 – $406,900 (2026 FDD · Item 7 · PDF p. 23); Southern Steer: $376,223 (2026 FDD · Item 7 · PDF p. 20). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for MN Filing 35439-202602-15. Estimates are not quotes, and the FDD years may differ.
    How do MN Filing 35439-202602-15 and Southern Steer royalties compare?
    MN Filing 35439-202602-15: 6% (2026 FDD · Item 6 · PDF p. 16); Southern Steer: 1 3 ) — 250 (2026 FDD · Item 6 · PDF p. 14). Royalties as disclosed in Item 6; other recurring fees are listed separately.
    Which has more locations, MN Filing 35439-202602-15 or Southern Steer?
    MN Filing 35439-202602-15: 68 (2026 FDD · Item 20 · PDF p. 65); Southern Steer: 18 (2026 FDD · Item 20 · PDF p. 57). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do MN Filing 35439-202602-15 and Southern Steer disclose financial performance (Item 19)?
    MN Filing 35439-202602-15 has reviewed Item 19 figures for 46 location groups; Southern Steer has reviewed Item 19 figures for 8 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