Crabby Bob's Seafood Grill vs Cousins Maine Lobster Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Crabby Bob's Seafood Grill vs Cousins Maine Lobster including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Crabby Bob's Seafood Grill Franchise
Cousins Maine Lobster Franchise
Investment $1,500,000 - $3,500,000$232,900 - $828,700
Franchise Fee $50,000$38,500
Royalty Fee 5%6-8%
Advertising Fee up to 2%2%
Year Founded 19972011
Year Franchised 19982014
Term Of Agreement 15 years +10-
Term Of Agreement 15 years +10-
Renewal Fee --


Business Experience Requirements

 
Crabby Bob's Seafood Grill Franchise
Cousins Maine Lobster Franchise
Experience --

Financing Options

 
Crabby Bob's Seafood Grill Franchise
Cousins Maine Lobster Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/Yes
Start-up Costs -/--/Yes
Equipment -/--/Yes
Inventory -/--/Yes
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Crabby Bob's Seafood Grill Franchise
Cousins Maine Lobster Franchise
Training Irvine, CA 8-10 Weeks

TBD 8-10 Weeks

On-The-Job Training: 40 hours Classroom Training: 40 hours
Support Central Purchasing

Field Operation Evaluation

Field Training

Initial Store Opening

Franchisee Newsletter

Regional or National Meetings: At Additional Cost

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 Average Number of Employees: 8 Full-time, 25 Part-time

Passive Ownership: Allowed

Absentee Ownership Allowed

Number of Employees Required to Run: 2


Expansion Plans

 
Crabby Bob's Seafood Grill Franchise
Cousins Maine Lobster Franchise
US Expansion YesYes
Canada Expansion --
International Expansion YesYes

Company Overviews

About Crabby Bob's Seafood Grill

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.

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