How often is the Technology Fee paid for a Southern Steer franchise?
Southern_Steer Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee(1) | Amount | Date Due | Remarks |
|---|---|---|---|
| Technology Fee | The then current fee. Currently, $507 per month. | Monthly. | The Technology Fee includes the monthly fee paid to our designated suppliers for IFX, email addresses and Google Business page. The Technology Fee may change upon prior notice to You if the vendor changes the fees or We change vendors. |
Source: Item 6 — ITEM. 6 OTHER FEES (FDD pages 11–16)
What This Means (2025 FDD)
According to Southern Steer's 2025 Franchise Disclosure Document, the Technology Fee is paid monthly. The current fee is $507 per month. This fee covers the monthly costs associated with IFX, email addresses, and the Google Business page provided by Southern Steer's designated suppliers.
It's important to note that this Technology Fee is subject to change. Southern Steer may adjust the fee if the vendors they use change their rates or if Southern Steer decides to switch to different vendors. Franchisees will receive prior notice of any changes to the Technology Fee.
As with other fees, the Technology Fee is generally non-refundable. Southern Steer reserves the right to require franchisees to pay fees via EFT (electronic funds transfer) or automatic withdrawal. This ensures timely and consistent payment of the Technology Fee and other obligations. Prospective franchisees should factor this monthly expense into their operating budget and be prepared for potential adjustments in the future.