Cousins Maine Lobster
Food & Beverage QSRCompany Information
Address
1947 N. Cahuenga Blvd, Unit #108Los Angeles, CA 90068
Website
Tel
Not Available
Email
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Franchimp Summary Rating
Higher than 58% of peers
Franchise Summary
Description
A Cousins Maine Lobster Franchise Storefront offers Maine lobster and seafood meals, appetizers, entrees, and desserts in a store front location.
Company Background
Cousins Maine Lobster is the world's first and only franchise store to offer a full line of fresh, frozen and prepared lobster products. Founded in 2013 by cousins Sabin Lomac and Jim Tselikis, Cousins Maine Lobster has grown into the fastest-growing seafood restaurant chain in North America. The company has now grown to over 50 locations across six countries with plans to double that number in the next three years alone.
Franchise Opportunity
It can be hard to find good seafood, especially when you don't live near the coast. Not only is it hard to find good seafood, but it's also expensive and often not very fresh. Cousins Maine Lobster is a lobster restaurant that offers a wide variety of lobster dishes, as well as other fresh seafood items. Our food is always fresh and never frozen, and we offer a great selection of lobster dishes for any budget.
Corporate Structure
CML Storefront, LLC was organized in Maine on February 21, 2017. Their principal office address is 1947 N. Cahuenga Blvd, Unit #108 Los Angeles, CA 90068. They began offering storefront franchises in February of 2017.
Franchise Types Available
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Employee Contact Database
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Distribution of Cousins Maine Lobster Franchisees
Cousins Maine Lobster Franchise System Development in 2021
FAQ
How much investment do I need to start my own Cousins Maine Lobster business?
Franchisees typically require at least $266 to $968 investment to get their Cousins Maine Lobster business started
What are the initial franchise fees for Cousins Maine Lobster?
Franchisees typically need to pay at least $91 in fees directly to Cousins Maine Lobster in order to earn the right to launch their business
How much money can I make with a Cousins Maine Lobster franchise? What are
the average revenues for a typical Cousins Maine Lobster business?
We haven’t done the math on how much revenue a typical
Cousins Maine Lobster brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$1,201,697 revenue, so we would expect
Cousins Maine Lobster to generate a similar amount
How long do I need to commit to running a Cousins Maine Lobster unit? What
is my contractual commitment?
Cousins Maine Lobster franchisees are typically required to sign up to a
5 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$266,700 to $968,900
which is
Much Higher
than the $0 to $0 average in the QSR industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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