Cousins Maine Lobster (Mobile Food Truck) Franchise Review
Cousins Maine Lobster (Mobile Food Truck) is a Franchise Grade Made The Grade™ franchise, which means it's ranked highly by our analysts!
Franchise Facts
Cousin Maine Lobster (Food Truck) offers a food truck selling lobster and other seafood items.How much does a Cousins Maine Lobster (Mobile Food Truck) franchise cost?
Cousins Maine Lobster (Mobile Food Truck) has a franchise fee of up to $40,000, with a total initial investment range of $194,000 to $644,700.- Initial Franchise Fee: $40,000
- Total Investment: $194,000 to $644,700
- Working Capital: $56,000 to $81,000
- Royalty Fee: 8.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a Cousins Maine Lobster (Mobile Food Truck) franchise make?
Franchise profits depend on a number of variables, including local demand for your product, labor costs, commercial lease rates and several other factors. Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.How many franchise locations do they have?
As of the 2024 Franchise Disclosure Document, there are 48 franchised Cousins Maine Lobster (Mobile Food Truck) locations in the USA.Are there any Cousins Maine Lobster (Mobile Food Truck) franchise opportunities near me?
Based on 2024 FDD data, Cousins Maine Lobster (Mobile Food Truck) has franchise locations in 19 states plus DC. The largest region is the South with 18 franchise locations.AL
CA
CO
CT
DC
DE
FL
GA
MA
MD
MI
NC
NJ
NV
NY
OH
OR
PA
TX
VA
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2024
Sector: Quick Service Restaurants
Category: Chicken, Ribs and Seafood
Cousins Maine Lobster (Mobile Food Truck) Franchise Stats
Total Investment
$194,000 - $644,700
Franchise Fee
$40,000
Franchise Agreement
Initial Term
10 Years
10 Years
Renewal Term
5 Years
5 Years
Franchisee Outlet Growth
2021
32
32
2023
48
48
Ongoing Fees
Royalty
8.0%
8.0%
Ad Fees
2.0%
2.0%
# of Franchised Outlets
48
Additional Questions
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 125 hours. This includes 51 hours of classroom training and 74 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.Online | 0 |
---|---|
On-the-Job | 74 |
Classroom | 51 |
Total | 125 |
Do they offer Territory Rights?
Cousins Maine Lobster (Mobile Food Truck) does NOT offer territory protections.Do they have computer and technology support in place?
Yes. Cousins Maine Lobster (Mobile Food Truck) offers comprehensive support for franchisees. Unlock this franchise to find out more details.Do they use public figures to promote their franchise?
Yes, unlock to find out which public figures are used to promote this franchise.Do they offer financing support?
No, but you can click here to fill out our affordability calculator and understand your financing options.
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