Maine family turns single-food truck into multimillion dollar business

By Small BusinessFOXBusiness

Cousins Maine Lobster's path from food truck to multi-million dollar business

Cousins Maine Lobster co-owner Jim Tselikis on how the brand grew from one food truck in Los Angeles to an expanding multi-million dollar family business.

It started as simple Maine Lobster love fest — and turned into a multi-million dollar small business success story.

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“My cousin Sabin and I were both from Maine. We grew up there and we grew up surrounded with lobster bakes,” said Cousins Main Lobster co-owner Jim Tselikis to FOX Business’ Maria Bartiromo. “We said, 'Hey, let's combine and kind of recreate our childhood with Maine lobster, bringing it to parts of the country that maybe it wasn’t as accessible or it wasn’t the same quality we had.”

So that’s when Sabin and Jim came together to share their experience with the rest of the nation. They quickly rose to success after taking business on the road with a single-food truck in Los Angeles and an appearance on “Shark Tank.”

“For the last four or five years we’ve been scaling with a franchise model,” said Tselikis.

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Cousins Maine Lobster now has 19 locations across the U.S. and is moving into the restaurant scene.

“The beauty of the truck is that you can go to the market — as long as you find the people you have an excellent product and great service — you can tend to do alright,” he said.