Cousins Maine Lobster Net Worth (Updated 2025).

Cousins Maine Lobster, a popular food truck and restaurant chain, was born out of a simple idea: to bring the taste of Maine’s renowned lobster rolls to the streets of Los Angeles. Founded in 2012 by Jim Tselikis and Sabin Lomac, two cousins from Maine, the business began as a single food truck, serving up classic lobster rolls and other Maine-inspired dishes. The cousins, armed with a passion for their home state’s culinary heritage and a desire to share it with the world, quickly gained a loyal following in LA.

Their journey to fame began when they appeared on the reality TV show “Shark Tank” in 2014, seeking investment to expand their business. Their pitch, a heartfelt story about their Maine roots and the quality of their lobster rolls, resonated with the show’s investors. Mark Cuban, a “Shark,” was particularly impressed and decided to invest $55,000 in exchange for a 20% stake in the company. This appearance catapulted Cousins Maine Lobster into the national spotlight, drawing in customers from across the country eager to try the lobster rolls that had captivated the Sharks.

**Cousins Maine Lobster’s Current Net Worth (2025)**

As of 2025, Cousins Maine Lobster, the popular food truck and restaurant chain, has an estimated net worth of $50 million. This significant growth can be attributed to the increasing demand for their unique lobster rolls and successful expansion across the United States.

**Career**

The Cousins Maine Lobster story began in 2012 when Jim Tselikis and Sabin Lomac, cousins from Maine, turned their love for lobster into a business. They started with a food truck in Los Angeles, appearing on ABC’s “Shark Tank” in 2012, where they secured a $50,000 investment from Barbara Corcoran. Since then, they’ve expanded to multiple food trucks and brick-and-mortar restaurants across the country, becoming a beloved staple in the food industry.

**Other Ventures**

In addition to their successful food truck and restaurant business, the cousins have ventured into various other projects. They’ve launched a line of retail products, including their signature lobster rolls in a box, which can be found in stores like Whole Foods and Costco. Additionally, they’ve authored a cookbook, “Cousins Maine Lobster: How One Food Truck Became a Million-Dollar Business,” sharing their story and recipes with readers.

**Assets**

Cousins Maine Lobster’s assets include their fleet of food trucks, multiple restaurant locations, and intellectual property, such as their brand name and recipes. Their real estate holdings consist of the properties where their restaurants are located, with some owned outright and others leased. Their retail products also contribute to their overall assets.

**Annual Income**

Cousins Maine Lobster’s annual income has seen steady growth over the years. In 2021, their annual revenue was estimated to be around $20 million, a significant increase from their early days. This income is derived from their food truck and restaurant sales, as well as their retail products and catering services.

Frequently Asked Questions about  Cousins Maine Lobster

Frequently Asked Questions: Cousins Maine Lobster Net Worth

1. What is Cousins Maine Lobster’s net worth?

Cousins Maine Lobster’s net worth is estimated to be around $20 million.

2. Who are the founders of Cousins Maine Lobster?

The founders of Cousins Maine Lobster are Jim Tselikis and Sabin Lomac.

3. When was Cousins Maine Lobster founded?

Cousins Maine Lobster was founded in 2012.

4. How did Cousins Maine Lobster start?

Cousins Maine Lobster started as a food truck business in Los Angeles, California.

5. What is Cousins Maine Lobster known for?

Cousins Maine Lobster is known for its lobster rolls and other lobster-based dishes.

6. Where are Cousins Maine Lobster’s restaurants located?

Cousins Maine Lobster has restaurants in California, Florida, and New York.

7. Has Cousins Maine Lobster appeared on any TV shows?

Yes, Cousins Maine Lobster appeared on the TV show Shark Tank in 2012 and received an investment from Barbara Corcoran.

8. How many employees does Cousins Maine Lobster have?

Cousins Maine Lobster has over 200 employees.

9. What is the average cost of a lobster roll at Cousins Maine Lobster?

The average cost of a lobster roll at Cousins Maine Lobster is around $15-$20.

10. Does Cousins Maine Lobster offer catering services?

Yes, Cousins Maine Lobster offers catering services for events.