What is the monthly Technology Fee for a Southern Steer franchise, and what does it cover?
Southern_Steer Franchise · 2025 FDDAnswer from 2025 FDD Document
stem, Computers and Software during the term of the Franchise Agreement. As technology improves, You will be required to upgrade Your POS System, Computers and Software. We estimate the cost to upgrade Your POS System, Computers and Software to be $1,000 to $5,000. You will also pay a monthly Technology Fee in the amount of $507 that will cover the cost of IFX, Google Workspace and Google Business, an annual Direct Ad TV Fee in the amount of $180 (for two Direct AD TVs) from Yodek Media Players, and a monthly POS System Fee in the amount of $800 that will cover the cost of cloud-based support. We also require that You have QuickBooks, which is estimat
Source: Item 11 — ITEM. 11 FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 26–35)
What This Means (2025 FDD)
According to the 2025 Southern Steer Franchise Disclosure Document, franchisees must pay a monthly Technology Fee of $507. This fee covers the cost of IFX, Google Workspace, and Google Business.
In addition to the Technology Fee, Southern Steer franchisees also pay other technology-related fees. These include a monthly POS System Fee of $800, which covers the cost of cloud-based support, and an estimated $80 per month for QuickBooks. There is also a quarterly Recipe/Safety Fee of $105, which covers the cost of technology for recipe storage and safety measures.
Prospective Southern Steer franchisees should consider these ongoing technology costs when evaluating the financial viability of the franchise. They should also inquire about any potential increases to these fees, as the document does not contractually limit the frequency or cost of these obligations. Understanding the full scope of technology-related expenses is crucial for accurate financial planning.