Franchise opportunities compared
Southern Steer vs Stores
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
Southern Steer
$376,223
2026 FDD · Item 7 · PDF p. 20Stores
$262,646 – $496,996
2025 FDD · Item 7 · PDF p. 26Initial franchise fee · Item 5
Southern Steer
$59,500
2026 FDD · Item 5 · PDF p. 10Stores
$44,500
2025 FDD · Item 5 · PDF p. 16Royalty · Item 6
Southern Steer
1 3 ) — 250
2026 FDD · Item 6 · PDF p. 14Stores
5%
2025 FDD · Item 6 · PDF p. 18Before you compare
- Southern Steer figures come from its 2026 FDD and Stores figures from its 2025 FDD, so the years differ.
- Item 19 figures cover the location groups each FDD names (Southern Steer: 8, Stores: 33). Different groups are not directly comparable.
Financial commitment
Southern Steer
Stores
Southern Steer
Stores
Southern Steer
Stores
Southern Steer
Stores
System scale & health
Southern Steer
Stores
Southern Steer
Stores
Southern Steer
Stores
Southern Steer
Stores
Southern Steer
Stores
Financial performance (Item 19), by location group
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.
Southern Steer vs Stores: common questions
- Which costs less to open, Southern Steer or Stores?
- Southern Steer: $376,223 (2026 FDD · Item 7 · PDF p. 20); Stores: $262,646 – $496,996 (2025 FDD · Item 7 · PDF p. 26). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Stores. Estimates are not quotes, and the FDD years may differ.
- How do Southern Steer and Stores royalties compare?
- Southern Steer: 1 3 ) — 250 (2026 FDD · Item 6 · PDF p. 14); Stores: 5% (2025 FDD · Item 6 · PDF p. 18). Royalties as disclosed in Item 6; other recurring fees are listed separately.
- Which has more locations, Southern Steer or Stores?
- Southern Steer: 9 (2026 FDD · Item 20 · PDF p. 57); Stores: 737 (2025 FDD · Item 20 · PDF p. 70). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
- Do Southern Steer and Stores disclose financial performance (Item 19)?
- Southern Steer has reviewed Item 19 figures for 8 location groups; Stores has reviewed Item 19 figures for 33 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.
Keep researching
Full Southern Steer report
Every reviewed fee, Item 19 group, outlet table and territory disclosure
Full Stores report
Every reviewed fee, Item 19 group, outlet table and territory disclosure




