How many Southern Steer outlets in Texas were terminated during 2023?
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 were no terminations of Southern Steer outlets in Texas during 2023. The provided table shows the number of outlets at the start of the year, outlets opened, terminations, non-renewals, terminations by the franchisor, terminations for other reasons, and the number of outlets at the end of the year.
Specifically, for Texas in 2023, the table indicates that there were 0 outlets at the start of the year, 0 outlets opened, and 0 terminations. This resulted in 0 outlets at the end of the year.
This information is crucial for potential franchisees as it provides insight into the stability and performance of Southern Steer franchises in Texas. A lack of terminations could be a positive indicator, suggesting that franchisees are generally successful and satisfied with their businesses. However, it is also important to consider the number of outlets opened and the overall presence of Southern Steer in Texas when evaluating this data.