Cousins "Fresh" Maine Lobster Gets Deal With Barbara Corcoran
Cousins Jim Tselikis & Sabin Lomac the owner's of Cousins Maine Lobster, came in the Shark Tank with a very unique way of serving up fresh Lobster. They were looking for $55k investmeent for only a 5% stake in the
lobster business on wheels. This puts a very high valuation of over $1 million on such a new and small company, but they were smart enough to
feed the Sharks their signature "Lobster Roll" before they got down to business. They have been in business for only 2 months? We'll that's what they said.(and already worth a million bucks?) The cousins have done $150k in sales and
needs the Sharks money to invest in another food truck, but they don't seem to eager to give up much equity. Interestingly, they have a general manager already in place for their "one truck"catering business.
Mark Cuban seems very interested and tries to dig deeper into
Read More Here-->>>
