Cousins Maine Lobster is a mobile food truck franchise specializing in Maine lobster and seafood. The system has shown strong growth with 73 total units as of December 2024, up from 54 the previous year. The franchise requires a moderate investment ($193K-$651K) and operates under a hybrid royalty structure (8% of gross sales or $3,500 monthly minimum). Financial performance data shows healthy average sales of $1.31M annually for mature units. The franchise offers exclusive territories based on population (500K-1M people) and requires significant owner involvement as an owner-operator model. Key considerations include the seasonal nature of the business, mandatory purchase of seafood from franchisor's affiliate, and extensive post-term restrictions including 2-year non-compete within 15 miles.
Generated from 2025 Franchise Disclosure Document
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Total startup costs, working capital, and financial requirements
Training, marketing support, technology, and operational assistance
Royalty, marketing, technology, and other ongoing fees
Revenue data, P&L estimates, and financial projections
Lawsuits, disputes, and legal risk assessment
Territory rights, term length, non-compete, and transfer rules
82 legal provisions scored on a franchisee-friendliness scale
Unit growth trends, exit rates, and system trajectory
Similar to Cousins Maine Lobster in category and investment range