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.
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.
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