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Promoted Opportunities
Initial Investment
LOW: $695,600
HIGH: $996,400
Change in Units
Company Profile
Founded
2011
Franchising Since
2015 (2 Years)
Corporate Address
1073 Manhattan Ave. Brooklyn, NY 11222
CEO
Bob Levitt
Financials
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
Units (Locations)
Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.
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Disclaimer
The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: December 10th, 2015
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