What were the total gross sales for the Southern Steer Sarasota location?
Southern_Steer Franchise · 2025 FDDAnswer from 2025 FDD Document
Imputed Fees | $112,929.38 | 5.19% | | Adjusted | $237,558.92 | | | Net | | | | Income | | | | Before | | | | Owner's | | | | Compensation | | | | Adjusted Net Profit Margin | | 10.93% |
CHART 5(A)
NET PROFIT FOR 2024 REPORTING PERIOD FRANCHISEE LOCATIONS
| Sarasota | Ocoee | Sarasota | Ocoee |
|---|
Source: Item 19 — ITEM. 19 FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 50–58)
What This Means (2025 FDD)
According to Southern Steer's 2025 Franchise Disclosure Document, the total gross sales for the Sarasota location were $1,627,493.04. This figure represents 100% of the gross sales for that location during the reporting period. Gross sales are defined as the total revenue from selling products and services, including meats, cheeses, prepared meals, grocery items, dry goods, wine, and beer. Loyalty customer discounts are deducted as miscellaneous expenses and are not excluded from the gross sales figure.
For a prospective franchisee, this information provides a benchmark for the potential revenue that a Southern Steer location can generate. However, it's important to note that this is based on the performance of a single location and that individual results may vary. Factors such as location, market conditions, and management effectiveness can all impact sales figures.
The FDD also indicates that written substantiation for the financial performance representation will be made available to a prospective franchisee upon reasonable request. This allows potential franchisees to further investigate the data and understand the basis for the reported sales figures. It is important to remember that the sales and expense numbers have not been audited and have not been independently verified.
It is important to consider that while one Southern Steer Business met or exceeded the Adjusted Net Income before Owner's Compensation, two Southern Steer Businesses met or exceeded the Net Income before Owner's Compensation (Sarasota).