Cousins Maine Lobster Achieves $1 Billion in Systemwide Sales Milestone

Celebrating a Billion-Dollar Journey: Cousins Maine Lobster



Cousins Maine Lobster, the renowned food truck and fast-casual dining establishment, recently announced a significant milestone in its history: it has exceeded $1 billion in systemwide sales since its founding in 2012. Known for its recognizable Maine lobster rolls and highlighted on the popular TV show, Shark Tank, the brand has captured the hearts of seafood enthusiasts across the nation.

Co-founders Sabin Lomac and Jim Tselikis, who are actually cousins, expressed their joy at reaching this remarkable achievement. "This is an incredible moment for us. We started with just one food truck in Los Angeles, and to now see over 85 locations across more than 30 states is a testament to our hard work and dedication to bringing Maine flavors to food lovers everywhere."

Expansion and Growth



Cousins Maine Lobster's journey began with just a single food truck. It has rapidly grown into a franchise with over 85 units across the United States, constantly expanding to meet the demands of seafood lovers. As they look toward the future, the company plans to add more than 30 new units in 2026 alone, further enhancing their presence in both domestic and international markets, including aspirations to open locations in Dubai.

The key to their success lies in strong unit economics, with 2024 forecasts indicating an average truck sale of about $1.3 million per unit. According to Item 19 of their Franchise Disclosure Document, this illustrates the brand's profitable model and steady growth trajectory, which is reinforced by their status as one of the largest purchasers of Maine lobster globally.

Recent Market Entries



Cousins Maine Lobster has recently launched in cities such as Grand Rapids, Michigan; Albany, New York; Northwest Pennsylvania; and Morgantown, West Virginia. With plans to enter more markets throughout the summer, new openings include locations in San Antonio, Texas, Winston-Salem, North Carolina, and several spots in California.

Franchise Opportunities Available



Currently, Cousins Maine Lobster is on the lookout for enthusiastic operators to join their franchise family. Individuals passionate about delivering high-quality food and outstanding service are encouraged to consider this opportunity. The business model offers a unique flexibility, allowing food trucks to be operational in approximately three to six months. Thanks to low overhead and labor costs, prospective franchisees can penetrate markets effectively and economically.

The brand is eyeing regions characterized by robust demand for casual seafood dining, focusing on cities such as Reno, Nevada, alongside various locations in the Midwest, including St. Louis, Missouri; Des Moines, Iowa; and Fort Wayne, Indiana.

A Legacy of Quality



Cousins Maine Lobster has built a reputation for premium offerings, ensuring that every bite is laden with the authentic tastes of Maine. They deliver not just a meal but a dining experience that resonates with patrons, showcasing sustainable practices and a commitment to quality. For those looking to explore franchise opportunities, details can be found at their official website.

As Cousins Maine Lobster continues to expand and break sales records, it remains dedicated to its mission of providing exceptional seafood experiences. Whether served from their famed food trucks or in prospective brick-and-mortar locations, the brand emphasizes hospitality and cohesion within its franchise family.

As they celebrate this monumental achievement, it’s clear that Cousins Maine Lobster is not just a business; it represents a culinary journey that brings a taste of coastal Maine to communities nationwide.

Topics Consumer Products & Retail)

【About Using Articles】

You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.

【About Links】

Links are free to use.