Cousins Maine Lobster Shark Tank Full Episode
The Cousins Maine Lobster, one of the most popular food trucks in the United States, is the brainchild of two cousins, Jim Tselikis and Sabin Lomac. In 2012, they appeared on the reality TV series, Shark Tank, to pitch their business idea to a panel of investors. The episode aired on May 11, 2012, and was a huge success, leading to a tremendous increase in the popularity and success of the Cousins Maine Lobster brand.
The Cousins' Story
Jim Tselikis and Sabin Lomac are two cousins who grew up in Maine, a coastal state in the northeastern part of the United States, famous for its seafood, particularly its lobsters. They both moved away from Maine and pursued different careers, but they were always drawn back to their roots, especially the lobster rolls that they loved so much. They decided to start a food truck business to bring the taste of Maine to people all over the country.
The Concept
The Cousins Maine Lobster food truck offers authentic Maine lobster rolls, lobster tacos, and other seafood dishes, all made with fresh and sustainably-sourced lobsters from Maine. The concept was an instant success, as people across the country were drawn to the idea of getting a taste of Maine's famous lobster rolls without having to travel all the way to the northeast. The Cousins Maine Lobster food truck quickly became a hit at food festivals, corporate events, and even private parties.
The Shark Tank Pitch
The Cousins Maine Lobster appeared on the Shark Tank in 2012, seeking an investment of $55,000 in exchange for 15% equity in their business. They presented their business model and product to the Shark Tank panel, which consisted of Barbara Corcoran, Mark Cuban, Kevin Harrington, Robert Herjavec, and Daymond John. The panel was impressed with the Cousins' concept and the quality of their product, and they jumped at the opportunity to invest in the business.
The Success Story
The Cousins Maine Lobster's appearance on the Shark Tank was a turning point for their business. The publicity and exposure they received from the show led to a significant increase in their customer base and revenue. They received orders from all over the country, and their food truck became a regular fixture at food festivals and events across the United States. The Cousins Maine Lobster brand became a household name, and the company continued to grow and expand.
The Legacy of the Cousins Maine Lobster
Today, the Cousins Maine Lobster is a successful and thriving business. They have expanded their operations beyond the food truck, opening brick-and-mortar restaurants in several states across the country. The company has also launched a line of frozen seafood products, which can be found in grocery stores across the country. The Cousins Maine Lobster brand has become synonymous with quality and authenticity, and their success story is an inspiration to aspiring entrepreneurs everywhere.