Cousins Maine Lobster Franchise Analysis

Franchise Opportunity Information

Cousins Maine Lobster is a gourmet restaurant serving lobster.

What are the requirements to buy a Cousins Maine Lobster franchise?

Cousins Maine Lobster has an initial franchise fee of up to $40,000, with a overall upfront investment range from $266,700 to $968,900.

• Initial Franchise Fee: $40,000
• Total Investment: $266,700 to $968,900
• Working Capital: $50,000 to $75,000
• Royalty Fee: 6.0%

The initial cost of any franchise includes several fees. Explore this investment opportunity to better understand the initial costs required to purchase a Cousins Maine Lobster, such as territory fees, construction and costs, pre-opening marketing, and technology fees. It should be noted that, franchise companies must to provide you with details about all upfront fees. These are not only fees that are actually paid, but also commitments to fees you are required to pay. Another important consideration to review is whether the initial fees are refundable or not. The franchisor is required to disclose what conditions any of the initial fees are refundable. A franchisor must also disclose a range of fees if its upfront fees are not the same within the system. A careful analysis of the Item 5 upfront fees will give you the answers needed to make a decision to purchase this opportunity.

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How much does a Cousins Maine Lobster owner make?

As with any new investment opportunity, there should be a solid ROI and profit potential. The specific franchise owner's income and the earnings from a Cousins Maine Lobster franchise depends on a variety of factors. One way to confirm the potential revenues or profits generated from a Cousins Maine Lobster franchise investment is to review the franchisor's Item 19 within their Franchise Disclosure Document. This is called a financial performance representation. This is an option for franchisors within their disclosure and approximately 68% of all franchise companies that we research and study will disclose financial performance data within Item 19 of their FDD. Some franchise companies may disclose limited information such as average gross revenues. This type of information is not always helpful to assess profits for you directly. So review systemwide sales data with caution. As a general rule, usually profits and owner's salary are equitable to the overall size of the upfront investment. The larger the initial investment, the higher profits you could anticipate. Another factor to owner's salary potential is based on the number of locations you buy. If you sign for multiple locations (usually defined as Area Development Agreements), you can expect that as you scale each additional unit, you will generate more revenue and profits overall. Demand for your products, the labor costs in your city, commercial lease rates and a number of other variables also play a large role in your profit margin and your personal income. Your future returns are associated with the overall franchisor's success. Your returns and owner's salary is not just reliant on how well your own location performs, you need to assess how well the entire franchise system is performing. Determine how the franchisor earns income and review their financial statements.

For more details and system-specific data on the earnings of a Cousins Maine Lobster franchise, unlock this franchise

How many franchise locations does Cousins Maine Lobster franchise have?

As of the 2024 Franchise Disclosure Document, there are 0 franchised Cousins Maine Lobster locations in the United States.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any Cousins Maine Lobster franchises in my state?

Based on 2024 FDD data, Cousins Maine Lobster has franchise locations in 11 states. There may be zero outlets in several states as each franchise company maps out their development strategy differently.

Based on our research this franchise opportunity is expanding into new markets and could be available near you. While planning your franchise purchase, you should be thinking about where is a good location for my business. Anlayze the potential customer base to confirm that your city has a need or want for this brand.

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Last Reviewed: 2024