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Cousins Maine Lobster is not currently active on BizBuySell.

You can get custom recommendations using the form below.

Cousins Maine Lobster Franchise

Cousins Maine Lobster offers restaurant franchises serving lobster, seafood, and more in a fast-casual environment.

Restaurant & Food Franchises For Sale|
California Franchises For Sale
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Highlights
Cash Required

$100,000

Min. Franchise Fee

$40,000

Total Number of Units

4

Franchising Since

2014

Corporate Headquarters

South Portland,ME

CEO Name

Jim Tselikis, Sabin Lomac, Barbara Corcoran

About Cousins Maine Lobster

Cousins Maine Lobster is a successful fast-casual franchise that brings the fresh taste of Maine lobster to locations across the U.S. through storefront restaurants and a fleet of food trucks.

Cousins Maine Lobster, an American success story, was founded in 2012 by Jim Tselikis and Sabin Lomac, who started their culinary journey with a single food truck in Los Angeles. Their desire to share the unique flavor and experience of fresh Maine lobster led to the rapid growth of their business, garnering national attention with their acclaimed appearance on the TV show "Shark Tank." Today, Cousins Maine Lobster is a highly recognized brand, with numerous storefronts and food trucks across the U.S.

Franchise Unit Trends & Revenue

Total Number of Units

4

New Units Opened

1

Average Unit Revenue

$1,312,509

* in 2024

Franchise Fees

Min. Franchise Fee

$40,000

Royalty Fee

8.0%
Gross Sales

Ad Fund Fee

0% - 2.0%
Gross Sales

Why Choose Cousins Maine Lobster?

As a franchisee, you would be joining a business with a well-established brand and a proven, successful business model. Our comprehensive training and support, along with our globally recognized seafood dishes, offer a unique proposition in the competitive restaurant industry. Combined with the opportunity to join a growing network of successful franchises, Cousins Maine Lobster represents a compelling opportunity for passionate and dedicated entrepreneurs.

Starting Costs & Investment Requirements

Total Investment

$266,700 - $968,900

Net Worth Required

-

Cash Required

$100,000

Training and Support

Training & Support

As a Cousins Maine Lobster franchisee, you will receive:

  • Comprehensive initial training covering operating procedures, food preparation, and customer service
  • Ongoing support from our corporate team, including operational guidance, marketing assistance, and access to our network of successful franchisees
  • Assistance with site selection, lease negotiation, and store design
  • Access to our detailed operations manual, marketing materials, and approved suppliers to ensure brand consistency and quality across all locations

History

In 2012, Jim Tselikis and Sabin Lomac launched Cousins Maine Lobster with a single food truck in Los Angeles, driven by their passion to share the unique flavors of their home state with the West Coast. The business quickly gained popularity and national exposure after a successful appearance on "Shark Tank". This sparked the beginnings of their franchise model, and today, Cousins Maine Lobster has expanded to multiple storefront locations and food trucks across the U.S, proudly serving up a taste of Maine on a nationwide scale.

Ideal Candidate

The ideal candidate for a Cousins Maine Lobster franchise is passionate about the food industry and dedicated to providing the best customer service possible. Candidates should possess strong leadership skills and the business acumen needed to establish and grow a successful storefront operation. A commitment to upholding the brand's reputation for quality and authenticity is a must, along with a willingness to work hard and follow our established business model.

The information in this page has been provided by the franchise or representative stated above. BizBuySell has no stake in the sale of this franchise, has not independently verified any of the information about the franchise, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any franchise.
Cousins Maine Lobster is not currently active on BizBuySell.
You can get custom recommendations using the form below.

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This web page is not endorsed by or affiliated with any franchisor. Product and company names are trademarks of their owners and are used for referential purposes only.

 
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