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Updated RecentlyBubba Gump Shrimp Co. vs Cousins Maine Lobster Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Bubba Gump Shrimp Co. 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 | $2,500,000 | $232,900 - $828,700 |
| Franchise Fee | N/A | $38,500 |
| Royalty Fee | - | 6-8% |
| Advertising Fee | - | 2% |
| Year Founded | 1996 | 2011 |
| Year Franchised | 0 | 2014 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - Minimum of 5 years restaurant/hospitality experience in the market you wish to develop - Have the necessary infrastructure to support the concept and its development - Possess local market expertise in areas including trading demographics, codes and regulations and product acquisition - Culturally aligned with Landry's Inc. | - |
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 | - Training programs for all management positions - Training programs for all hourly positions - Training program implementation at your location - Ongoing Training support | On-The-Job Training: 40 hours Classroom Training: 40 hours |
| Support | After signing the franchise agreement and paying the franchise fee and development fee (if applicable), you will immediately begin receiving assistance from the International Support Team, which consists of experienced representatives from each of the departments listed below. In addition, you will be assigned an International Project Manager who will oversee our departmental support and coordinate communications and activities between our organizations. In addition, after your location opens, an International Operations Representative will periodically visit your restaurant for on-site consultation and quality assurance evaluations. Your International Operations Representative is also available at any time for consultation on any business matter you wish to discuss. | 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 |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
About Bubba Gump Shrimp Co.
Bubba Gump Shrimp Co. is a small chain of seafood restaurants committed to providing a casual environment where everyone can enjoy a great meal and have some fun too.
Capturing the magic that made "Forrest Gump" an American classic, Bubba
Gump Shrimp Co. serves scratch-made, southern-style comfort dishes
plucked straight off the silver screen -" we’re talking sautéed shrimp,
fried shrimp, coconut shrimp, shrimp scampi...(shall we go on?),
alongside award-winning baby back ribs, burgers, salads and more in a
fun and energetic atmosphere.
The first Bubba Gump Shrimp Co. Restaurant and Market opened in 1996 on Cannery Row in Monterey, California. Landry's, Inc., the parent company, offers international franchise opportunities for qualified organizations. This is your opportunity to form a strategic partnership with one of America's largest and fastest growing casual dining and entertainment companies. Landry's offers international franchise opportunities only. Franchise opportunities are not available within the United States or its territories (Guam, Puerto Rico, U.S. Virgin Islands, America Samoa, and Marianas Islands). Franchise opportunities are not available to U.S. citizens or U.S. residents. For our concepts to be successful, they must meet the needs of your customers. We will work with you in customizing the brand for your market. Franchise Fee to be determined for each location. In addition to the Franchise Fee, there may be a Development Fee, which is market specific and determined by the number of units you wish to open. We will meet with you to discuss franchise and development fees after you successfully complete the Initial Inquiry Form portion of the application process. Royalty Fees To be determined and may be influenced by the development scope of the agreement. We will meet with you to discuss royalty fees after you successfully complete the Initial Inquiry Form portion of the application process. Construction Costs These costs are concept and location specific. We will meet with you to discuss construction costs after you successfully complete the Initial Inquiry Form portion of the application process. Management Training Costs We require specific members of your management team to complete a 4-week training program at a qualified training location. You will be required to pay your managers' training expenses. These expenses include airfare, local transportation, accommodations, your managers' salary expenses, and translator services if required. We will meet with you to discuss management training costs after you successfully complete the Initial Inquiry Form portion of the application process. Opening Employees' Training Costs Our International Training Team will travel to your location and provide on-site training for non-management positions. Our training team will also implement in-house employee training programs. You are required to pay for this Training Team support. The major cost components are airfare, local transportation, accommodations, salaries and per diem expenses of the Training Team, and translator services if required. We will meet with you to discuss opening employee training costs after you successfully complete the Initial Inquiry Form portion of the application process.
The first Bubba Gump Shrimp Co. Restaurant and Market opened in 1996 on Cannery Row in Monterey, California. Landry's, Inc., the parent company, offers international franchise opportunities for qualified organizations. This is your opportunity to form a strategic partnership with one of America's largest and fastest growing casual dining and entertainment companies. Landry's offers international franchise opportunities only. Franchise opportunities are not available within the United States or its territories (Guam, Puerto Rico, U.S. Virgin Islands, America Samoa, and Marianas Islands). Franchise opportunities are not available to U.S. citizens or U.S. residents. For our concepts to be successful, they must meet the needs of your customers. We will work with you in customizing the brand for your market. Franchise Fee to be determined for each location. In addition to the Franchise Fee, there may be a Development Fee, which is market specific and determined by the number of units you wish to open. We will meet with you to discuss franchise and development fees after you successfully complete the Initial Inquiry Form portion of the application process. Royalty Fees To be determined and may be influenced by the development scope of the agreement. We will meet with you to discuss royalty fees after you successfully complete the Initial Inquiry Form portion of the application process. Construction Costs These costs are concept and location specific. We will meet with you to discuss construction costs after you successfully complete the Initial Inquiry Form portion of the application process. Management Training Costs We require specific members of your management team to complete a 4-week training program at a qualified training location. You will be required to pay your managers' training expenses. These expenses include airfare, local transportation, accommodations, your managers' salary expenses, and translator services if required. We will meet with you to discuss management training costs after you successfully complete the Initial Inquiry Form portion of the application process. Opening Employees' Training Costs Our International Training Team will travel to your location and provide on-site training for non-management positions. Our training team will also implement in-house employee training programs. You are required to pay for this Training Team support. The major cost components are airfare, local transportation, accommodations, salaries and per diem expenses of the Training Team, and translator services if required. We will meet with you to discuss opening employee training costs after you successfully complete the Initial Inquiry Form portion of the application process.
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.
Cousins Maine Lobster is seeking franchisees who are committed to our brand, offering the highest quality food in a family-friendly environment with outstanding customer service, and offering Maine lobster every day from our official Cousins Maine Lobster food trucks.
The total investment necessary to begin operation of a Cousins Maine
Lobster franchise is $232,900 to $828,700. This includes between $68,500
and $98,500, that must be paid to franchisor and its affiliates.
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.
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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