"When Jim Tselikis and Sabin Lomac appeared on 'Shark Tank' in 2012, they sought $55,000 for 5% of Cousins Maine Lobster, which later became a success story."
"Cousins Maine Lobster reached $150,000 in sales within two months after debuting an innovative food truck concept in Los Angeles, prior to launching nationwide."
"By 2017, the food truck industry was worth over $2 billion, with Cousins Maine Lobster being instrumental in its growth and success."
"In 2023, Cousins Maine Lobster reported sales of $585 million, indicating their ongoing expansion and stamina in the competitive food industry."
Cousins Maine Lobster was founded by cousins Jim Tselikis and Sabin Lomac, who appeared on 'Shark Tank' in 2012 seeking $55,000 for 5% of their business. After just two months, they generated $150,000 in sales with a single food truck in Los Angeles. By 2017, the food truck industry had grown to over $2 billion, with Cousins Maine Lobster being a key player. By 2023, the business had expanded to 29 trucks and reported $585 million in sales, continuing to thrive and expand their operations.
Read at Tasting Table
Unable to calculate read time
Collection
[
|
...
]