Cousins maine lobster food truck is known for its success story. Learn more about them on Typestrucks below!
Cousins Maine Lobster Food Truck’s Review
Maine is a wonderful city located in the most northeastern side of United States. The city have been wildly known for their juicy and delicious lobsters. But even more so, most visitors come to the city to get the taste of food made by cousins maine lobster food truck. The lobster food truck is phenomenal, and we didn’t even exaggerate it. They not only serve the best lobster cuisine in affordable prices, their success story are inspiring as well. Find out more about them below on our article below.
How Everything Started
How Cousins Maine Lobster Food Truck StartsSo, you might wonder how does cousins maine lobster food truck started, and how did they gain so much fame? It all started with a meeting between two cousins, Sabin Lomac and Jim Tselikis who shared the same memories of their hometown in Maine.
They later turned their passion for Maine into cousins maine lobster food truck, a company that would ship the best Maine seafood to Los Angeles, where lobster was traditionally thought of as an expensive delicacy that was only offered in small portions at upscale restaurants. The cousins pooled their resources, around $20,000, and purchased a food truck within a year.
Cousins maine lobster food truck had one mission, and that is to sought to replicate the West Coast experience of a Maine lobster shack for Los Angeles customers. With the ambitious objective of getting fresh Maine seafood “Shore to Door” in 24 hours or less, they set out to supply it. Similar to how they were back home, their famous lobster rolls would be served with split top rolls, a little butter, and generous amounts of lobster meat.
A 60-person wait wrapped around the block on opening day in April 2012 thanks to word-of-mouth marketing, advertising, and social media’s usage. Newcomers from the East Coast gushed about the lobster rolls’ authenticity, freshness, and generous servings of meat. Within days of cousins maine lobster food truck’s opening, the cousins received an offer to appear on ABC’s “Shark Tank” when word of their business swiftly spread, generating local news coverage.
Cousins Maine Lobster Food Truck’s Adventure in “Shark Tank” Show
The eight weeks leading up to the duo’s debut on “Shark Tank” were spent by Sabin and Jim refining their pitch, going over their financials, and determining cousins maine lobster food truck‘s worth. They yelled, shouted, called out stutters, interrupted each other’s answers, and otherwise dissuaded one other for hours on end.
They even sat through countless episodes of the program to research the topics that each investor would probably want them to address in front of the spotlights. “Shark Tank” is a prestigious and prominent event to all entrepreneurs. Being invited into their show is some sort of an honor and a chance they wouldn’t want to screw up.
The cousins were grilled regarding our sales activity, vendor relationships, competitive advantages, revenue projections, and profitability for about an hour. Mark Cuban abruptly informed the cousins that he was withdrawing from the auction after they failed to respond to his expectations in a timely manner. Thankfully, Barbara Corcoran eventually joined to raise cousins maine lobster food truck and assisted with the development of CML 2.0. She made a $55,000 investment for what amounted to 15% of the company.
Barbara had an immediate impact on the business. The cousins were able to expand our fleet (one truck became two, which quickly became four), and in a few months, the mobile lobster shacks were scouring Southern California. With appearances on “Good Morning America,” “The Today Show,” “Master Chef,” The Food Network, “The Chew,” “Katie Couric,” and QVC, to mention a few, Cousins Maine Lobster gained national attention thanks to Barbara’s connections.
Food Truck Rehab, a program on the Food Network, was even created for the guys. It’s merely a “Restaurant Rescue”-style program with food trucks. Every aspect of this show gets a makeover, including the truck, the menu, social media, and anything else that requires attention. They has 36 franchisees as of July 2021, with 29 trucks and 7 eateries.
The cousins maine lobster food truck business announced the introduction of three further trucks and one additional restaurant in March 2022, bringing the total to 24 vehicles and 7 restaurants. Each truck brings in an average of $1.7 million annually.
The business opened its first franchise in Asbury Park, New Jersey, in May 2022. Barbara attended the opening-day festivities in person. In 2022, the corporation intends to open 19 more locations. One of their earliest physical locations, in West Hollywood, was shut down in August 2022 as a result of neighborhood changes brought on by and during the epidemic.
By the end of 2023, three new truck-based franchises would be opening in Maryland, Washington, DC, and Cleveland, the firm stated in January 2023. Currently, the cousins maine lobster food truck business generates close to $39 million in sales annually.
How Cousins Maine Lobster Business is Now and Their Key to Success
Today, cousins maine lobster food truck has a restaurant in West Hollywood, California, 20 food trucks in 13 sites around the nation, and an online distribution that allows customers to order CML meals from anywhere in the country. Numerous elements contribute to the company’s success, and the cousins are happy to share them with you.
The cousins maine lobster food truck are fortunate to have a team that is eager to go above and beyond to grow the company together. Additionally, they have excellent working ties with local suppliers and lobstermen, which has enabled them to manage orders and inventories while upholding the highest standards of quality and punctuality. They are also excellent leaders who are willing to admit when they have made mistakes. Additionally, they have a strong commitment to customer happiness and will personally address any complaints. That degree of dedication contributes to a positive customer experience.