1851

LAST UPDATED: October 2024FRANCHISE WEBSITE:&nbsp;<a href="https://www.cousinsmainelobster.com/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">https://www.cousinsmainelobster.com/franchise/</a>&nbsp;&nbsp;NUMBER OF LOCATIONS:&nbsp;65+REPORTED COST TO GET IN:&nbsp;$266,700 - $968,900REPORTED ROI (Item 19):&nbsp;$1.5 million<a href="https://www.cousinsmainelobster.com/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">Cousins Maine Lobster</a> is a seafood restaurant concept that has both brick-and-mortar and food truck locations. After&nbsp;<a href="https://www.cnbc.com/2016/06/30/shark-tank-success-story-how-lobster-truck-guys-turned-20000-into-20-million-commentary.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">appearing on Shark Tank</a>, the brand gained widespread recognition and began growing nationwide. Now, the brand is known for its fresh, sustainable approach to seafood and a menu of both classic and innovative lobster dishes.<h3>How Many Cousins Maine Lobster Locations Are There?</h3>Cousins Maine Lobster currently has more than 65 Cousins Maine units across the country, with plans to reach 20 new units opened in 2024 alone before the end of the year. Because the brand has such versatile build-out options, including in-line, food hall and food truck models, it offers a more flexible opportunity for franchisees and is positioned to continue steady expansion across the U.S.<h3>What Is the Cousins Maine Lobster Business Model?</h3>Cousins Maine Lobster is a seafood restaurant concept serving soups, salads, sandwiches, lobster rolls and other specialties. With both brick-and-mortar restaurants and food truck models, Cousins Maine Lobster has a flexible model that can be tailored to meet the needs of individual franchisees and the demand that exists in their markets.<h3>How Much Can Cousins Maine Lobster Franchise Owners Make?</h3>The brand’s 2024 Franchise Disclosure Document shows sales for a few different locations within the system. The highest reported total gross sales in the 2024 Item 19 is $1,514,160, and the lowest reported total gross sales is $636,140.<h3>How Much Does It Cost To Open a Cousins Maine Lobster?</h3>The estimated initial investment required to begin the operation of a Cousins Maine Lobster franchise ranges from $266,700 to $968,900. This includes the following costs:<ul><li>Initial Franchise Fee:&nbsp;$40,000</li><li>Application Fee:&nbsp;$1,000 - $7,000</li><li>Deposit Account:&nbsp;$20,000</li><li>Leasehold Improvements:&nbsp;$90,000 - $400,000</li><li>Rent and Security Deposit:&nbsp;$3,000 - $36,000</li><li>Utility Deposits:&nbsp;$0 - $5,000</li><li>Furniture, Fixtures and Equipment:&nbsp;$5,000 - $150,000</li><li>Initial Inventory:&nbsp;$30k000 - $80,000</li><li>Signage:&nbsp;$4,750 - $40,000</li><li>Insurance:&nbsp;$1,000 - $5,000</li><li>Office Equipment and Supplies:&nbsp;$250 - $5,000</li><li>Computer Equipment:&nbsp;$7,950 - $23,400</li><li>Travel and Living Expenses for Training:&nbsp;$5,000 - $10,000</li><li>Licenses and Permits:&nbsp;$2,000 - $15,000</li><li>Legal and Accounting:&nbsp;$5,000 - $15,000</li><li>General Contractor:&nbsp;$700 - $40,000</li><li>Grand Opening Advertising:&nbsp;$1,000 - $2,500</li><li>Additional Funds (3 Months):&nbsp;$50,000 - $75,000</li></ul><h3>What Is the Franchise Fee for Cousins Maine Lobster?</h3>Cousins Maine Lobster charges a $40,000 franchise fee.<h3>Who Is the Leadership of Cousins Maine Lobster?</h3><ul><li><a href="https://www.linkedin.com/in/sabin-lomac-16098b33/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">Sabin Lomac — Co-Owner</a></li><li><a href="https://www.linkedin.com/in/jim-tselikis-b996b223/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">Jim Tselikis — Co-Owner</a></li><li><a href="https://www.linkedin.com/in/shaun-higgins-029205277/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">Shaun Higgins — President</a></li><li><a href="https://www.linkedin.com/in/nick-loukes-11848a15/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">Nick Loukes — Legal Counsel, Corporate and Franchise Manager</a></li><li><a href="https://www.linkedin.com/in/angelacoppler/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">Angela Coppler — Head of Development</a></li><li><a href="https://www.linkedin.com/in/m-carmody1/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">Mike Carmody — Chief of Operations</a></li><li><a href="https://www.linkedin.com/in/lindsay-herberger-cfe-5018b513/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">Lindsay Herberger — Director of Franchise Development</a></li></ul><h3>What Helpful Articles Can I Read To Learn More?</h3><ul><li><a href="https://www.prnewswire.com/news-releases/cousins-maine-lobster-announces-key-leadership-changes-to-accelerate-growth-302146590.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">Cousins Maine Lobster Announces Key Leadership Changes to Accelerate Growth</a></li><li><a href="https://www.prnewswire.com/news-releases/lets-roll-cousins-maine-lobster-heads-to-the-midwest-seeking-fans-and-franchisees-302204325.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">Let's Roll! Cousins Maine Lobster Heads to the Midwest, Seeking Fans and Franchisees!</a></li><li><a href="https://www.nrn.com/franchising/cousins-maine-lobster-pressing-gas-growth?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">Cousins Maine Lobster Is ‘Pressing the Gas’ on Growth</a></li><li><a href="https://www.courier-journal.com/story/entertainment/dining/restaurant/2024/09/13/cousins-maine-lobster-opens-in-louisville-with-food-truck/74833971007/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">As Seen on 'Shark Tank,' Famous Lobster Truck Franchise Opens in Louisville</a></li></ul>Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.&nbsp;Check out these three 1851 brands:<a href="https://www.toppers.com/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">Toppers Pizza</a><ul><li><a href="https://1851franchise.com/topperspizza/info">Franchise Development Page</a></li><li>Number of Open Locations (as of October 2024): 70+</li><li>Investment Range: $314,075 - $530,000</li></ul><a href="https://www.mainsqueezefranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">Main Squeeze Juice Co.</a><ul><li><a href="https://1851franchise.com/mainsqueezejuiceco/info">Franchise Development Page</a></li><li>Number of Open Locations (as of October 2024): 28</li><li>Investment Range: $385,050 - $682,750</li></ul><a href="https://1851franchise.com/voodoobrewingco/info">Voodoo Brewing Co.</a><ul><li><a href="http://voodoofranchising.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">Franchise Development Page</a></li><li>Number of Open Locations (as of October 2024):&nbsp;20&nbsp;</li><li>Investment Range: $481,500 - $1,505,000</li></ul>Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit&nbsp;<a href="http://www.1851growthclub.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data-2727371" target="_blank" rel="nofollow">www.1851growthclub.com</a> and start your journey.Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.&nbsp;All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

Cousins Maine Lobster Franchise Deep Dive: Units, Costs and Earnings

1851 Franchise

The seafood franchise is a major player in its segment, offering franchisees a flexible investment model with strong brand awareness and high growth and profit potential.

Franchise Deep Dive: Cousins Maine Lobster Franchise Costs, Fees, Profit and Data

franchise-deep-dive-cousins-maine-lobster-franchise-costs-fees-profit-and-data

Crust Pizza Co.

Crust Pizza Co. Spreading Through the Southwest - 1851 Franchise

Crust Pizza Co. Targets Southeast U.S. for Expansion

crust-pizza-co-southeast-expansion

Seniors Helping Seniors®

Nathan Peterson Turns Passion for Helping Others into a Purpose-Driven Business with Seniors Helping Seniors Franchise

seniors-helping-seniors-franchise-caldwell-nathan-peterson

Famous Dave's

Famous Dave’s Fires Up Third Annual All-Star BBQ Series This May, Leading Up to the 2025 World Food Championships

famous-daves-fires-up-third-annual-all-star-bbq-series-this-may-leading-up-to-the-2025-world-food-championships

HomeTeam Inspection Service

From Air Force Veteran to Entrepreneur: Danny Hemchand Builds a Thriving Home Inspection Business

air-force-veteran-danny-hemchand-home-inspection-business

HomeTeam Inspection Service Reports Record-Breaking Performance in Q1, Continues National Expansion

hometeam-inspection-q1-2025-growth-expansion

Buying a Franchise Masterclass

 Franchise Opportunities

Get Support Buying a Franchise

How to Buy a Franchise White Paper

How to Buy a Franchise

How to Sell Franchises

How to Grow a Franchise

Find a Franchise Supplier

1851 Franchise Opportunities

Franchisor News

Franchisor Power Rankings

FranCamp Mastermind Summit

Franchise Resources

What ALEC-Laffer's Report Means for Franchising

Website Awards

Power Rankings

About 1851

Advertise on 1851

Contact 1851 Editorial

Terms of Use

1851 Login

GROWTH CLUB LOGIN

facebook

instagram

twitter

linkedin

youtube

Eli Lilly GLP-1 Lawsuits - Mounjaro - Zepbound - 1851 Franchise Agg

Eli Lilly Sues Telehealth Startups Over GLP-1 Knockoffs, Escalating Legal Battle

eli-lilly-glp-1-lawsuits

The Future of Franchising: Trends and Predictions for 2025 and Beyond

the-future-of-franchising-trends-and-predictions-for-2025-and-beyond

Restaurant Business: Crumbl Cools Its Expansion, Refocuses on Profitability

restaurant-business-crumbl-cools-its-expansion-refocuses-on-profitability

Franchise Face-Lifts: Why Major Restaurant Brands Are Betting Big on Remodels

franchise-face-lifts-why-major-restaurant-brands-are-betting-big-on-remodels

How New Tariffs Are Causing Price Hikes and Surcharges for U.S. Businesses and Franchises - 1851

Tariffs Prompt Price Hikes, Surcharges as Businesses (and Franchises) Brace for Rising Costs 

tariffs-prompt-price-hikes-surcharges

DonutNV Franchise Costs, Fees, Profit and Data for 2025

franchise-deep-dive-donutnv-franchise-costs-fees-profit-and-data

Lindora’s New President Discusses Franchise Growth and the Future of Health and Wellness

lindoras-new-president-discusses-franchise-growth-and-the-future-of-health-and-wellness

Church's Texas Chicken - Franchise Deep Dive - Growth Club - 1851 Franchise

Church’s Texas Chicken Franchise Costs, Fees, Profit and Data for 2025

churchs-franchise-deep-dive

Trua Senior Living Locators CEO Discusses Franchising Success and a Clinical Approach to Senior Placement

trua-senior-living-locators-ceo-discusses-franchising-success-and-a-clinical-approach-to-senior-placement

Franchisee spotlight image with Randy and Sandy Craft, Children's Lighthouse logo on blue background

The Crafts’ Successful Journey from New Parents to Children’s Lighthouse Franchisees

the-crafts-successful-journey-from-new-parents-to-childrens-lighthouse-franchisees

Most Profitable Restaurant Franchises To Own in 2025 - 1851 Franchise

The Most Profitable Restaurant Franchises to Own in 2025

most-profitable-restaurant-franchises-to-own

Franchise Success Stories: Inspiring Tales from the Front Lines

franchise-success-stories

Image of building outline hovering over person's hand

How To Choose the Right Franchise: A Step-by-Step Guide to Success

how-to-choose-the-right-franchise-step-by-step

Amateur Bodybuilder and Business Partner Bring Passion for Fitness to World Gym Franchise in Fulton, New York

amateur-bodybuilder-and-business-partner-bring-passion-for-fitness-to-world-gym-franchise-in-fulton-new-york

Franchise Deep Dive: Cousins Maine Lobster Franchise Costs, Fees, Profit and Data

MORE STORIES LIKE THIS