- Last Year Rank: 396
- Investment Range: $193,500 - $651,200
- Initial Investment: $40,000
- Category: Restaurant
Company Description
Founded in 2012 by cousins Jim Tselikis and Sabin Lomac, Cousins Maine Lobster serves its lobster rolls and other fare from food trucks and at its growing number of restaurants.
Barbara Corcoran, a real estate mogul and “shark” on TV’s “Shark Tank,” invested in the fledgling food truck business about a decade ago and remains a business partner and adviser. The company has trucks in nearly 30 states, plus a handful of restaurants.
Company Statistics
- Global Sales: $82,471,741
- US Units: 73
- International Units: 0
- Total Units: 73
- Percent Franchised: 89%
- % International Units: 0%
- US Franchised Units: 65
- International Franchised Units: 0
- Sales Growth %: 32.2%
- Unit Growth %: 32.7%
