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 off.
How much is Cousins Maine Lobster worth now?
Now They’re Running a $20 Million Business.
Did Shark Tank invest in Cousins Maine Lobster?
Cousins Maine Lobster secured an investment on “Shark Tank.” Recognizing a demand for New England lobster rolls in Southern California, cousins Jim Tselikis and Sabin Lomac launched Cousins Maine Lobster as a food truck in Los Angeles in 2012.
Is Cousins Maine Lobster still in business?
Cousin’s Maine’s Lobster is now a fully-fledged national chain of restaurants across 17+ states while also offering food trucks and home shipping of fresh lobsters. They’ve since expanded their network and now work with more fisheries across the state of Maine to keep up with demand for fresh produce.
What happened to Cousins Maine Lobster after shark tank?
Cousins Maine Lobster After Shark Tank
The Cousins Maine Lobster line has grown to 20 trucks in 13 locations across the country and a brick-and-mortar store in West Hollywood. Lobster meals are also sold online and through QVC.
How much did Barbara make on Cousins Maine Lobster?
Barbara Corcoran gets a successful deal with Jim Tselikis &, Sabin Lomac for $55k and a 15% stake in Cousins ‘Fresh” Main Lobster.
How much does a Cousins lobster franchise cost?
How much does a Cousins Maine Lobster franchise cost? Cousins Maine Lobster has a franchise fee of up to $38,500, with a total initial investment range of $187,150 to $492,850.
How much does a Cousins Maine Lobster franchise make?
The franchise business they created, Cousins Maine Lobster, generated $20.5 million in revenue last year hawking lobster rolls, lobster tacos, and clam chowder, among other seafood specialties.
Is Cousins Maine Lobster real lobster?
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Cousins Maine Lobster.
| Industry | Foodservice |
|---|---|
| Website | www.cousinsmainelobster.com |
Is Cousins Maine Lobster Fresh or frozen?
We ship a variety of fresh, live and frozen products. At times, for optimal handling, we will pack your order in two separate shipments.
Is Cousins Maine Lobster from Maine?
Our Maine roll features Maine lobster, served chilled with mayo, on a New England roll, with a lemon wedge. One of our two classic roll styles, the Maine Roll is a favorite of Mainers and purists alike.
How many cousins lobster trucks are there?
We have 20 trucks in 13 cities throughout the country.
Is lobster cheaper in Maine?
Soft shell lobsters are abundant during the summer months and they can’t be shipped so they are at a much lower price point than hard shell lobsters. …