Lobster Joint
New England style comfort food
Lobster Joint
New England style comfort food
About
Founded
2011
Franchising Since
2015 (3 Years)
Corporate Address
1073 Manhattan Ave.
Brooklyn, NY 11222
CEO
Bob Levitt
Financial Requirements
Initial Investment ⓘ
$695,600 - $996,400
Net-worth Requirement ⓘ
$50,000 - $100,000
Liquid Cash Requirement ⓘ
$150,000 - $300,000
Ongoing Fees
Initial Franchise Fee ⓘ
$40,000 - $40,000
Ongoing Royalty Fee
6%
Ad Royalty Fee
0.5%
Financing Options
Lobster Joint has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll
Cost
Initial Investment: Low - $695,600
High - $996,400
Units
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
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