Mystic Lobster Roll Co.

Franchise Information

Analyzed filing: CA · File #191311

FDD issued: Apr 30, 2023

FDD Issued: Apr 30, 2023

Extracted: Jul 16, 2026

Verified cross file royalty critical:previous file=20012|previous=7.000%|current=5.750%

Franchisor Details

Name: Mystic Lobster Franchise, LLC

Parent: Mystic Lobster Holdings, LLC

Address: 14 Bridge Creek Lane, Forked River, New Jersey, 08731

Phone: (732) 456-3728

Website: www.Mysticlobsterrolls.com

Franchising Since: 2021

Industry & Qualifications

Industry

Food & Beverage

Training

4 days

Multi-Unit Discount

16.7%

Franchise Fee

$30,000

Royalty

5.8%

Ad Fund: 2.0%

Total Investment

$102K - $140K

Initial Term

10 years

Renewable

Outlet Information

Total Outlets

Franchised

Opened (Last Year)

+11

Closed (Last Year)

-1

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Exclusive Territory

Yes

Franchisees are granted a limited protected territory.

Item 19 (Financial Performance)

Disclosed

2022 Gross Sales data for 11 franchised outlets in Florida, New Jersey, and Sout...

Financial Performance (Item 19)

Avg Unit Volume

$263,935

Median

$184,844

Highest

$478,683

Lowest

$89,857

Sample Size

11 units

Legal History

Litigation: Yes

On April 19, 2022, Philip Tretola's brother filed a lawsuit alleging fraud, breach of contract, and...

Bankruptcy: Yes

On May 23, 2023, Philip Tretola and Renee Tretola filed a voluntary Chapter 7 bankruptcy petition in...

Number	File name	Source State	Filing Date	Actions
191311	475253_Franchise__Mystic_Lobster_Franchise__LLC_California_191311.pdf Canonical 2023 analysis · verified · newest filing	CA	Apr 30, 2023 FDD issue date	Restricted
125763	475253_Franchise__Mystic_Lobster_Franchise__LLC_Virginia_125763.pdf Alternate source copy	VA	Apr 30, 2023 FDD issue date	Restricted
112146	475253_Franchise__Mystic_Lobster_Franchise__LLC_California_112146.pdf Canonical 2022 analysis	CA	Jun 14, 2022 FDD issue date	Restricted

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