Mgm Liquor vs Southern Steer Butcher
Franchise Comparison 2026
Both Mgm Liquor and Southern Steer Butcher are food retail franchises. Mgm Liquor requires an investment of $532K – $2.2M while Southern Steer Butcher requires $376K – $797K. Mgm Liquor discloses average revenue of $2.6M; no Item 19 revenue figure is on file for Southern Steer Butcher. Note: Reported for a subset of outlets rather than the whole system. Mgm Liquor has SBA lending data on file with a 21.4% charge-off rate. FranchiseVerdict rates Mgm Liquor B (Above average) and Southern Steer Butcher B (Above average).
| Metric | Mgm Liquor | Southern Steer Butcher |
|---|---|---|
| Verdict Grade | BAbove averageAbove average | BAbove averageAbove average |
| Investment Range | $532K – $2.2M | $376K – $797K |
| Franchise Fee | $50K | $60K |
| Royalty Rate | Earned Service Fee: $4,860 per week, capped at 2.2% of Gross Receipts (weekly, if timely reported); currently charged as a flat weekly amount subject to that cap. | 6.0% |
| Average Revenue (Item 19) | $2.6MOutlet subset | N/AIncl. company outlets |
| SBA Charge-Off Rate | 21.4% (29 loans) | Limited data |
| Total Units | 28 | 9 |
| Unit Growth (YoY) | -2 units | +2 units |
| Year Began Franchising | 1995 | 2020 |
| FDD Year | 2026 | 2026 |
Investment Range
$532K – $2.2M
$376K – $797K
Franchise Fee
$50K
$60K
Royalty Rate
Earned Service Fee: $4,860 per week, capped at 2.2% of Gross Receipts (weekly, if timely reported); currently charged as a flat weekly amount subject to that cap.
6.0%
Average Revenue (Item 19)
$2.6MOutlet subset
N/AIncl. company outlets
SBA Charge-Off Rate
21.4% (29 loans)
Limited data
Total Units
28
9
Unit Growth (YoY)
-2 units
+2 units
Year Began Franchising
1995
2020
FDD Year
2026
2026