factual

What information must be included in the Southern Steer franchisee's written offer to the franchisor?

Southern_Steer Franchise · 2025 FDD

Answer from 2025 FDD Document

ring services, delivery services and wholesale to restaurants on 30 days' prior written notice. All catering and delivery services and wholesale to restaurants must comply with the Franchisor's standards, policies and requirements set forth in the Brand Manual or otherwise in writing by the Franchisor. Franchisor may require Franchisee to participate in a third-party delivery service program.

  • (p) Default Notices and Significant Correspondence. The Franchisee will deliver to the Franchisor, immediately upon receipt by the Franchisee or delivery at the Franchised Location, an exact copy of all (i) notices of default received from the landlord of the Franchised Location or any mortgagee, trustee under any deed of trust, contract for deed holder, lessor, or any other party, (ii) notifications or other correspondence relating to any legal proceeding for any Claim in excess of $10,000 relating in any way to the Franchisee's Franchised Location, and (iii) inspection reports or any other notices, warnings or citations from any Governmental Authority, including any health and safety, taxing and/or licensing authorities. The Franchisee will notify the Franchisor in writing within five days of the commencement of any proceeding and/or of the issuance of any governmental order or action impacting the Franchisee and/or the operation of the Southern Steer Business. The Franchisee will provide the Franchisor with a written summary of all written (including electronic) consumer and employee complaints within 10 days after the end of each quarter of the Franchisee's Fiscal Year in such method and format as the Franchisor may designate from time to time. The Franchisee will provide all additional information requested by the Franchisor relating to any of these matters.
  • (q) Third Party Agreements. Franchisee agrees to comply with all agreements and obligations with third parties concerning Franchisee's Southern Steer Business, including, without limitation, all supplier and vendor agreements. Franchisee agrees to pay all obligations incurred in connection with Franchisee's Southern Steer Business on a timely basis.
  • (r) Acceptance of Credit Cards. The Franchisee will honor all credit, charge, courtesy and cash cards approved by the Franchisor in writing.

9.5. Ownership and Control of Southern Steer Business.

  • (a) Interests of Franchisee.

Source: Item 22 — ITEM. 22 CONTRACTS (FDD pages 61–168)

What This Means (2025 FDD)

According to the 2025 Southern Steer Franchise Disclosure Document, franchisees must provide several written notifications and summaries to the franchisor. Specifically, the franchisee must deliver exact copies of default notices from the landlord or any mortgagee, notifications relating to legal proceedings exceeding $10,000 related to the franchised location, and inspection reports or notices from governmental authorities immediately upon receipt. This ensures Southern Steer is promptly informed of critical issues affecting the franchisee's business and location.

Additionally, the franchisee is required to notify Southern Steer in writing within five days of any legal proceeding or governmental action impacting the franchisee or the operation of the Southern Steer Business. This requirement helps Southern Steer stay informed about potential legal or regulatory challenges faced by its franchisees, allowing for timely support and intervention if necessary. The franchisee must also provide a written summary of all written consumer and employee complaints within 10 days after each fiscal quarter, using a format designated by Southern Steer. This regular reporting enables Southern Steer to monitor customer and employee satisfaction and address any recurring issues across the franchise network.

Furthermore, when renewing their franchise agreement, franchisees must meet several conditions, including providing written evidence that they own or have the right to lease the franchised location for at least five additional years after the current term. This ensures the stability and continuity of the Southern Steer business at that location. Franchisees must also agree in writing to make all necessary capital expenditures to remodel the franchised location within six months of the new agreement's effective date, ensuring the location complies with Southern Steer's current image and specifications. They must also provide evidence of a written loan commitment or demonstrate the financial capability to cover these remodeling costs. These requirements collectively ensure that franchisees maintain the standards and image of the Southern Steer brand, while also keeping the franchisor informed of any potential issues or changes affecting the business.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.