Cousins Maine Lobster
Cousins Maine Lobster franchises mobile food trucks serving lobster (primarily Homarus Americanus, or Maine lobster) and other seafood items under the Cousins Maine Lobster® marks. The business model involves licensing a proprietary system that includes know-how, training, operations manuals, standards, and marketing programs to franchisees operating one or more food trucks in designated territories. They target consumers in the competitive mobile food service market seeking fresh seafood products.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
8% royalty (greater of 8% Gross Sales or $3,500/mo) + up to 2% ad fund + up to $400/mo regional advertising cooperative
Franchise Stats
Financial Performance
Item 19 Financial Performance
Data Based On: 43 franchised Food Trucks open and operating for the full 12-month period (January 1, 2024, to December 31, 2024) included in the sample.
* Calculated average gross revenue, median gross revenue, average of the top 25% gross revenue, and average of the bottom 25% gross revenue from the '2024 Sales (Total)' of 43 individual franchised units listed in Table 1. Average and median gross revenue were cross-verified with values presented in Table 2.
Extracted Item 19 Section
How Cousins Maine Lobster Compares to Other Food Truck Franchises
Key Insights
- Top 10 largest franchise system in Food Truck
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Cousins Maine Lobster Current | $194K - $651K | $40K | 8.0% | 65 |
| TRAVELIN' TOM'S COFFEE | $202K - $255K | $15K | N/A | 258 |
| DONUTNV | $190K - $273K | $60K | N/A | 142 |
| Frios | $72K - $91K | $38K | N/A | 108 |
| Wild Bill's | $156K - $215K | $40K | 0.0% | 14 |
| On the Hook Fish and Chips | $619K - $1.1M | $50K | 7.0% | 3 |
Food Truck Average 7 franchises | $227K - $393K | $39K | 7.5% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 7 Food Truck franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+14 more states
Franchisee Contacts
Unlock Franchisee Contact Database
51 franchisee contacts on file. Upgrade to see names, locations, phone numbers, and matched SBA loan data.
Upgrade to Pro$199/year · Cancel anytime
Due Diligence
Litigation (Item 3)
Breach of franchise contract and abandonment/termination dispute with former franchisee
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Cousins Maine Lobster franchise?
The total initial investment to open a Cousins Maine Lobster franchise ranges from $193,500 to $651,200. This includes a franchise fee of $40,000. Ongoing royalty fees are 8.0% of gross sales.
How much revenue does a Cousins Maine Lobster franchise make?
According to the 2025 FDD, the average gross revenue for a Cousins Maine Lobster franchise is $1,312,508.91. The median revenue is $1,241,104.82.
How many Cousins Maine Lobster franchise locations are there?
As of the 2025 FDD, Cousins Maine Lobster has 65 franchise locations. The company has been franchising since 2014.
Is Cousins Maine Lobster a good franchise to buy?
Cousins Maine Lobster shows several positive indicators: transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Cousins Maine Lobster?
Talk to a franchise advisor to get personalized guidance and learn if Cousins Maine Lobster is the right fit for you.
Talk to an Advisor