Cousins Maine Lobster Celebrates Monumental Milestone: Over $1 Billion in Systemwide Sales

PORTLAND, Maine, June 26, 2025 /PRNewswire/ -- Cousins Maine Lobster, the national food truck and fast–casual dining concept, made famous by Shark Tank and beloved for its authentic Maine lobster rolls, today announced it has surpassed $1 billion in systemwide sales since its founding in 2012.

Co–founders and real-life cousins Sabin Lomac and Jim Tselikis celebrated the milestone, "This is an incredible moment, growing from a single food truck in Los Angeles to more than 85 units across the nation, we've brought the taste and spirit of Maine to diners nationwide—and built a franchise family along the way."

Key Highlights of the Cousins Maine Lobster Growth Story

• Successful expansion from a single food truck in Los Angeles to more than 85 locations across 30+ states, we are driven to bring Cousins Maine Lobster to neighborhoods nationwide.
• Franchisees are driving growth, with over 30 new units projected in 2026, and active exploration of international markets, including Dubai.
• Strong unit economics, with average 2024 truck sales of approximately $1.3 million per unit, as disclosed in Item 19 of their 2025 Franchise Disclosure Document.
• Strategic partnerships in Maine and a strong purchasing history as one of the largest purchasers of Maine lobster in the world has Cousins Maine Lobster poised for expansion.

The $1 billion dollar sales mark comes on the heels of recent market openings in Grand Rapids, Michigan, Albany, New York, Northwest Pennsylvania, Morgantown, West Virginia, Oklahoma City, Oklahoma, Minneapolis, Minnesota, and Milwaukee, Wisconsin. Further summer openings are slated for Kalamazoo, Michigan, San Antonio, Texas, Winston-Salem, North Carolina, Ventura and Santa Barbara, CA, Savannah, Georgia, and more.

Cousins Maine Lobster is seeking operators who are passionate about delivering high-quality food and exceptional customer service. With a proven business model that offers flexibility, operators can launch food trucks in as little as three to six months. Low overhead and labor costs allow operators to enter each market efficiently and cost-effectively. The brand is targeting markets with strong demand for high-quality, fast-casual seafood, including Reno, Nevada; and areas across the Midwest, including St. Louis, Missouri; Des Moines, Iowa; and Fort Wayne, Indiana.

About Cousins Maine Lobster

Cousins Maine Lobster is a premier seafood franchise bringing authentic Maine Lobster to communities nationwide through its fleet of food trucks, carts, and brick-and-mortar restaurants. Founded in 2012 by cousins Jim Tselikis and Sabin Lomac, the brand started as a passion project and quickly gained national recognition after securing an investment from Barbara Corcoran on Shark Tank. Since then, Cousins Maine Lobster has become a leading franchise, delivering high-quality, wild-caught Maine lobster with a commitment to consistency, hospitality, and an unforgettable guest experience. Whether serving seafood lovers from its iconic food trucks or expanding into new markets with restaurant locations, Cousins Maine Lobster continues to set the standard premium lobster offerings.

To learn more about franchise opportunities with Cousins Maine Lobster, visit www.cousinsmainelobster.com/franchise. To find a location near you, visit www.cousinsmainelobster.com.

DISCLAIMER: This news is provided for information purposes only and does not constitute an offer to sell or a solicitation to buy a franchise. Any actual offer or solicitation can only be made through a Franchise Disclosure Document. If you reside in California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington or Wisconsin we may not be able to offer you a franchise until it has been registered in your state.

Media Contact: 
Maddie Darling 
[email protected]

SOURCE Cousins Maine Lobster