Cousin Maine Lobster Net Worth (Updated 2025).
In the bustling city of Boston, a unique food truck phenomenon began to roll out in 2014. Cousin Maine Lobster, founded by Jim Tselikis and Sabin Lomac, two cousins with a shared passion for lobster and entrepreneurship, started as a single food truck serving up Maine-style lobster rolls. The cousins, both former financial consultants, decided to leave their corporate jobs and pursue their dream of bringing the taste of Maine to the streets of Boston.
Their journey started with a simple idea: to provide fresh, high-quality lobster meat in a casual, accessible setting. Jim and Sabin sourced their lobster directly from Maine, ensuring the authenticity and quality of their product. They quickly gained a following for their delicious lobster rolls, creative sides like lobster mac and cheese, and their friendly, laid-back attitude. Word of their food truck spread, and soon, Cousin Maine Lobster was a beloved staple in the Boston food scene.
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Cousin Maine Lobster’s Current Net Worth (2025)
As of 2025, Cousin Maine Lobster’s net worth is estimated to be around $10 million. This notable increase from previous years can be attributed to the continued success of their food truck and restaurant businesses, as well as strategic investments and endorsements.
Career
Cousin Maine Lobster, whose real name is Sabin Lomac, co-founded the popular food truck business in 2012 with his cousin Jim Tselikis. They started with a single food truck in Los Angeles, serving Maine-style lobster rolls. Their unique concept quickly gained traction, leading to multiple food trucks and a TV appearance on Shark Tank, where they secured a deal with Barbara Corcoran. Today, they operate several food trucks and restaurants across the U.S.
Other Ventures
In addition to their food truck and restaurant businesses, Cousin Maine Lobster has ventured into various other projects. They’ve launched a line of retail products, including spices, sauces, and even a cookbook. They’ve also expanded into catering services and have been involved in franchise opportunities. Moreover, Sabin Lomac has used his platform to mentor aspiring entrepreneurs and has been a judge on the Food Network’s show “Worst Cooks in America”.
Assets
Cousin Maine Lobster’s assets primarily include their food truck and restaurant businesses, which are valued at several million dollars. They also own their brand and associated intellectual property, such as trademarks and copyrights. Their retail products and real estate investments further contribute to their overall assets. Additionally, Sabin Lomac’s personal assets include luxury vehicles, a home in Los Angeles, and various other investments.
Annual Income
Cousin Maine Lobster’s annual income varies year by year, primarily driven by the performance of their food truck and restaurant businesses. As of 2021, their annual revenue was estimated to be around $10 million. However, this figure can fluctuate based on factors such as changes in consumer demand, competition, and economic conditions. Their annual income also includes earnings from their other ventures, such as catering services, retail products, and endorsements.
Frequently Asked Questions about Cousin Maine Lobster
**Frequently Asked Questions: Cousin Maine Lobster Net Worth**
1. What is Cousin Maine Lobster’s net worth?
Cousin Maine Lobster’s net worth is estimated to be around $10 million.
2. Who are the founders of Cousin Maine Lobster?
The founders of Cousin Maine Lobster are Jim Tselikis and Sabin Lomac.
3. When was Cousin Maine Lobster founded?
Cousin Maine Lobster was founded in 2012.
4. How did Cousin Maine Lobster start?
Jim and Sabin started Cousin Maine Lobster as a food truck in Los Angeles, California, after moving from Maine.
5. What inspired the founders to start Cousin Maine Lobster?
Jim and Sabin were inspired by their love for Maine lobster rolls and the lack of authentic ones in California.
6. How did Cousin Maine Lobster gain popularity?
Cousin Maine Lobster gained popularity through social media, word-of-mouth marketing, and appearing on the TV show “Shark Tank” in 2015.
7. What happened on Shark Tank?
On Shark Tank, Jim and Sabin pitched their business and accepted a $50,000 investment from Barbara Corcoran in exchange for a 15% equity stake.
8. How many locations does Cousin Maine Lobster have now?
As of now, Cousin Maine Lobster has several food trucks and multiple brick-and-mortar locations across California and Nevada.
9. What are some of the menu items at Cousin Maine Lobster?
Some popular menu items include the Classic Lobster Roll, Connecticut-Style Lobster Roll, Lobster Tacos, Lobster Mac & Cheese, and Lobster Bisque.
10. Are there any plans for Cousin Maine Lobster to expand beyond California and Nevada?
Yes, Cousin Maine Lobster has expressed interest in expanding to other states in the future.
