What was the range of initial franchise fees collected by Southern Steer in the last fiscal year?

According to Southern Steer's 2025 Franchise Disclosure Document, the franchise collected initial franchise fees ranging from $49,500 to $151,000 during its last fiscal year. This range suggests that Southern Steer may offer different franchise fee arrangements or incentives that affect the initial fee amount.

Several factors could account for this variation. The FDD mentions a 15% discount on the initial franchise fee for veterans of the United States armed services, which would lower the fee for eligible franchisees. Additionally, Southern Steer may offer multi-unit development agreements (MUDA), which could involve different fee structures for franchisees committing to open multiple locations.

Prospective franchisees should inquire about the specific criteria that determine the initial franchise fee. Understanding the factors that influence the fee, such as veteran status or multi-unit commitments, can help potential franchisees estimate their initial investment and plan their financing accordingly. It is also important to ask Southern Steer for a breakdown of how the initial franchise fees were collected to better understand the circumstances that led to the stated range.