Must the franchisee complete required training for Southern Steer franchise renewal?
Southern_Steer Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Agreement | Summary | |
|---|---|---|---|
| a. | Length of the franchise term | 2.1 | 10 years beginning as of the Effective Date (which may be extended under certain circumstances to coincide with the term of the lease for Your Southern Steer Business, as described in Section 2.1 of the Franchise Agreement). |
| b. | Renewal or extension of the term | 2.2 | One additional 10-year term. |
| c. | Requirements for franchisee to renew or extend | 2.2 Section in Franchise | You must: give written notice at least 180, but not more than 365 days before expiration; have complied with all material terms and conditions of Your current Franchise Agreement; have paid all monetary obligations owed to Us during the term of the Franchise Agreement; agree in writing to remodel Your Southern Steer Business (and provide evidence of Your financial capability to make such expenditures); have the right to continue to occupy the premises for the Southern Steer Business for at least five additional years;; pay the Successor Franchise Fee; execute a general release of claims against Us, Our parent, subsidiaries, affiliates, and related people; and You and Your Designated Manager must complete the required training. You will sign a new Successor Franchise Agreement which may have materially different terms and conditions than Your original |
Source: Item 17 — ITEM. 17 RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 43–50)
What This Means (2025 FDD)
According to Southern Steer's 2025 Franchise Disclosure Document, franchisees and their designated managers must complete required training as part of the renewal process. To renew the franchise agreement for an additional 10-year term, the franchisee must meet several conditions. These include providing written notice within a specific timeframe, complying with all material terms of the current agreement, fulfilling all monetary obligations, and agreeing to remodel the Southern Steer business.
Additionally, the franchisee must demonstrate the financial capability to cover the remodeling expenses and secure the premises for at least five more years. They are also required to pay a Successor Franchise Fee and execute a general release of claims against Southern Steer and its affiliates.
Completing the required training is a mandatory step for both the franchisee and their designated manager. Furthermore, the renewal involves signing a new Successor Franchise Agreement, which may contain terms and conditions that differ significantly from the original agreement. The franchisee must also maintain all necessary licenses, insurance, registrations, and approvals to operate the Southern Steer business in their protected area.