How many Southern Steer outlets were operating in Georgia at the end of 2024?
Southern_Steer Franchise · 2025 FDDAnswer from 2025 FDD Document
/2023/2024
| State | Year | Number of Transfers | |
|---|---|---|---|
| 2022 | 0 | ||
| Florida | 2023 2024 2022 | 0 1 0 | |
| Totals | 2023 2024 | 0 1 |
TABLE NO. 3
Status of Franchised Outlets For Fiscal Years 2022/2023/2024
| 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 | |
| Flor |
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, there was one Southern Steer outlet operating in Georgia at the end of 2024. The provided table tracks outlet openings, terminations, and changes across different states. In 2024, one Southern Steer location opened in Georgia, bringing the total to one operating outlet in the state by the end of the year.
This information is relevant for prospective franchisees as it provides insight into Southern Steer's growth and presence in specific states. The table shows the number of outlets at the start of the year, the number opened during the year, and the number at the end of the year. This helps potential franchisees understand the brand's expansion trajectory and current market penetration in different regions.
For a prospective franchisee, this data highlights the relative newness of Southern Steer in the Georgia market. While only one outlet was operating at the end of 2024, the fact that an outlet opened during that year suggests recent expansion efforts. A new franchisee might want to further investigate the performance and market reception of this initial Georgia location to gauge the potential for further growth in the state.