Question 1

How much does it cost to open a Cousins Maine Lobster franchise?

Accepted Answer

The total initial investment for a Cousins Maine Lobster franchise ranges from $194K to $651K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Cousins Maine Lobster franchise fee?

Accepted Answer

The initial franchise fee for Cousins Maine Lobster is $40K.

Question 3

What are the net worth requirements for a Cousins Maine Lobster franchise?

Accepted Answer

Net worth requirements for Cousins Maine Lobster are specified in the Franchise Disclosure Document.

Question 4

Does Cousins Maine Lobster require a personal guarantee?

Accepted Answer

Yes, Cousins Maine Lobster requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Cousins Maine Lobster franchise?

Accepted Answer

Equipment costs for a Cousins Maine Lobster franchise range from $25K to $290K. Initial inventory costs range from $30K to $80K.