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Updated RecentlyCousins Maine Lobster Franchise
Mobile selling lobster rolls
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.
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.
It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
How much does it cost to open a Cousins Maine Lobster Franchise?
The investment required to open a Cousins Maine Lobster Franchise is between $232,900-$828,700. There is an initial franchise fee of $38,500 which grants you the license to run a business under the Cousins Maine Lobster name.
Individual Unit Costs
- Initial Investment:
$232,900-$828,700 - Initial Franchise Fee:
$38,500 - Royalty Fee:
6-8% - Advertising Fee:
2%
Click here to compare with
franchises similar to Cousins Maine Lobster
Cousins Maine Lobster's 'Shark Tank' success story: How lobster-truck guys turned $20,000 into $20 million
Maine natives Sabin Lomac, 35 and Jim Tselikis, 32 started Cousins Maine Lobster as a single food truck in Los Angeles in April of 2012, serving up authentic, sustainable lobster rolls. After an appearance on "Shark Tank" that netted the duo a $55,000 investment from Barbara Corcoran, Cousins took o...
Cousins Maine Lobster News & Press Releases
When did Cousins Maine Lobster start Franchising? 2014
United States: Nationwide
International: Worldwide
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | N/A | Yes |
| Startup Costs | N/A | Yes |
| Equipment | N/A | Yes |
| Inventory | N/A | Yes |
| Accounts Receivable | N/A | N/A |
| Payroll | N/A | N/A |
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
Absentee Ownership Allowed
Number of Employees Required to Run: 2
To calculate how much income a franchise owner can do at Cousins Maine Lobster Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
Listing Tags
Legal Disclaimer: This information is not a franchise offering for Cousins Maine Lobster and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Cousins Maine Lobster franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.
Cousins Maine Lobster
1947 N. Cahuenga Blvd., #108
Hollywood,
CA
90068
