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Updated RecentlyBoneheads vs Cousins Maine Lobster Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Boneheads vs Cousins Maine Lobster including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $387,000 - $668,000 | $232,900 - $828,700 |
| Franchise Fee | $25,000 | $38,500 |
| Royalty Fee | 5% | 6-8% |
| Advertising Fee | 2% | 2% |
| Year Founded | 2005 | 2011 |
| Year Franchised | 2005 | 2014 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/Yes |
| Start-up Costs | -/- | -/Yes |
| Equipment | -/- | -/Yes |
| Inventory | -/- | -/Yes |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| Support | - | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
| Marketing | - | Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
| Operations | - | Absentee Ownership Allowed Number of Employees Required to Run: 2 |
Expansion Plans |
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| US Expansion | Yes | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Boneheads
Wanted: Ambition that verges on insanity. You're the type of person who doesn't stop climbing just because you're on an escalator. You never hit rush hour because normal business hours don't apply to you. "Good enough" simply isn't good enough. Your goals change constantly because you always exceed them. Put simply, you're just what we're looking for. Apply your drive to owning your own Boneheads franchise. The team at Boneheads is committed to getting stuff done and we provide franchise partners with tools and support to make that happen. If you're ready to begin the Boneheads evangelical revolution in your neighborhood, we want to talk to you. Go ahead and fill out the preliminary application profile. We Offer: Quality, innovation, experience, passion and a support system that includes: * Great real estate (landlords call us first) including some Hot Locations * Multiple concepts * Project management * Financing available * Purchasing power across multiple concepts * Complete training * Operations expertise and ongoing support
About Cousins Maine Lobster
Cousins Maine Lobster is looking for motivated, experienced business people to help us expand our brand of Maine lobster around the world.
Cousins Maine Lobster is real cousins with a passion for the sweet, delicious Maine lobster we grew up eating. We started selling lobster rolls out of a single truck in the spring of 2012. After a lot of hard work (and a good amount of fun) we now have a fleet of trucks and several franchise commitments throughout the United States.
Cousins Maine Lobster's commitment to quality food and great customer service has led to our being featured on ABC’s Shark Tank, The Chew, the Katie Couric show, CNBC, FOX, and QVC!
Cousins Maine Lobster has been named the LA Hot List’s #1 Food Truck in LA two years in a row and Tasting Table named us the “Best Lobster Roll on the West Coast” for 2013, 2014, and 2015. Our passion, our nationally recognized brand, our customer loyalty and our awesome lobster rolls make us special. If you’re looking to own your own business and are ready to start selling the #1 lobster rolls in America, sign up to join our family.
The total additional investment necessary to become a Cousins Maine Lobster Area Developer with one additional franchise is $30,000 to $120,000 for 4 additional franchises. This includes $30,000 to $120,000 that must be paid to the franchisor or its affiliate(s). If you elect and qualify for an Area Developer franchise, you must open a minimum of one additional Cousins Maine Lobster franchise business.
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