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.
Franchise Costs
8% royalty (greater of 8% Gross Sales or $3,500/mo) + up to 2% ad fund + up to $400/mo regional advertising cooperative
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
Key Insights
- Top 10 largest franchise system in Food Truck
| Franchise | Investment | 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
51 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
51 Contacts Available
Unlock all Cousins Maine Lobster franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Breach of franchise contract and abandonment/termination dispute with former franchisee
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
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.
Unlock Full FDD Access
Download Cousins Maine Lobster's complete FDD plus 1,700+ other franchise documents — all with one plan.
Secure checkout with Stripe · Cancel anytime
Also includes FDDs for
More Food & Beverage Franchises
Subway
Food & Beverage
MCDONALD'S
Food & Beverage
DUNKIN'
Food & Beverage
DOMINO'S PIZZA
Food & Beverage
Burger King
Food & Beverage
POPEYES LOUISIANA KITCHEN
Food & Beverage