How many Southern Steer franchised outlets opened in Texas during 2024?
Southern_Steer Franchise · 2025 FDDAnswer from 2025 FDD Document
| at Start | Outlets | Termina | Non | by | Other | at End | ||
|---|---|---|---|---|---|---|---|---|
| State | Year | of Year | Opened | tions | Renewals | Franchisor | Reasons | of Year |
| 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| Florida | 2023 | 2 | 1 | 0 | 0 | 0 | 0 | 3 |
| 2024 | 3 | 1 | 0 | 0 | 0 | 0 | 4 | |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Georgia | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Texas | 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| Totals | 2023 | 2 | 1 | 0 | 0 | 0 | 0 | 3 |
| 2024 | 3 | 3 | 0 | 0 | 0 | 0 | 6 |
Source: Item 20 — ITEM. 20 OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–61)
What This Means (2025 FDD)
According to Southern Steer's 2025 Franchise Disclosure Document, one franchised outlet opened in Texas during 2024. The table provided in Item 20 of the FDD details outlet openings, terminations, and other changes across different states and years. This information is crucial for potential franchisees to understand the growth and stability of the Southern Steer franchise system in specific geographic areas.
Specifically, the table shows that in 2024, Texas had zero outlets at the start of the year and opened one new outlet, resulting in one outlet at the end of the year. This indicates a recent expansion of Southern Steer into the Texas market.
Reviewing this type of data over several years, as presented in the FDD, allows prospective franchisees to identify trends in outlet openings, closures, and transfers. This historical perspective can help in assessing the potential success and risks associated with investing in a Southern Steer franchise in a particular state. It's important to note that past performance doesn't guarantee future results, but it provides valuable context for making informed decisions.