What training requirements must the Southern Steer franchisee (or its Operating Principal) and its Designated Manager complete for a Successor Term?

According to the 2025 Southern Steer Franchise Disclosure Document, to qualify for a Successor Term, the franchisee (or its Operating Principal) and its Designated Manager must complete any new training requirements designated by Southern Steer.

This means that as part of renewing the franchise agreement for another term, Southern Steer can mandate that the franchisee, the Operating Principal (if applicable), and the Designated Manager undergo additional training. The specific content, duration, and cost of this training are not detailed in this section, but it is within Southern Steer's right to implement new training programs as a condition of renewal.

Prospective franchisees should inquire with Southern Steer about the nature of these potential new training requirements. Understanding the scope and cost of these requirements is essential for financial planning and operational readiness when considering a Successor Term. It is also important to note that the Successor Franchise Agreement may include terms and conditions materially different from those in the original agreement.