Southern Steer Butcher is a hospitality, high-quality, and community driven modern butcher shop. We offer premium, ethically sourced cuts, world famous marinated meats, homemade sides, specialty groceries, craft beers and wines. Our guests are inspired to return by emotional touch points not replicated in other retail environments. Giving back to and operating as an integral part of the community through outreach is core to our principles.
Southern Steer was founded in 2013 after Greg Snyder visited a butcher shop in the Northeast and recognized that there was a need for a community butcher shop in his hometown of Clearwater, Florida. As a niche business, Southern Steer becomes a pillar of the community when people visit to speak to a specialist, learn where their food comes from, and see how to keep it properly. It’s a service that cannot be replicated in the grocery store.
We’re far more “just a butcher shop.” Southern Steer is designed for long-term customer retention, community engagement with purpose, and a system focusing on providing healthy, high-quality meat products. As a franchise business owner, you have the handholding of the franchisor and the best practices of your peers to help you become the very best version of yourself, which can add tremendous value and goodwill to your franchise business. The business model is simple to run, with a small number of employees to begin, reasonable hours of operation and extensive training and support from the corporate team.
First Unit Franchised: 2020
Franchised Units Awarded: 12
Franchise Units Open: 5
Company Owned Units: 0
Number of Franchisees: 7
States Registered In: Non-Registration States, IN, MI, RI & WI
Canada Franchises: No
International Franchises: No
Minimum Net Worth: $500,000
Franchise Fee: $59,500
Royalty: 6%/5%/4%
Ad: 2%
Item 19: Yes
Item 19 Earnings Claims
Gross Profit Affiliate Location: $1,070,900.18
Net Profit Before Owners Compensation for Affiliate Location: $358,472.92
Net Profit Margin for Affiliate Location: 21.6%
Gross Profit for Sarasota Franchisee Location: $694,932.77
Net Profit Before Owners Compensation for Sarasota Franchisee Location: $231,807.84
Net Profit Margin for Sarasota Franchisee Location: 15.94%
Average Number of Employees: 4
Visa Candidates: No
Passive Ownership: No
Home-Based: No
B2B: No
Master Franchise Opportunities: No
Veteran Discount: Yes - 15%
Financial Assistance Provided: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: No
Training:
4 Weeks of On-Site Training
2 weeks in the Zors territory and 2 weeks on-site at the zees territory
Roles & responsibilities
Sales training
Opening & closing prep work
Customer service interactions & protocols
Day-to-day management tasks & protocols
Ordering & receiving inventory
On-Going Support
Online & Phone Support 7 Days a Week by the Franchisor!
Quarterly Audits & Check-Ins in Person at Franchisees Territory
Recipe & Cooking Instructions Portal
Quarterly & Monthly P&L Reviews
Intranet: The Farm