Iconic kitchenware store in Ellsworth is on the market for $2.9M
Courtesy / Legacy Properties Sotheby’s International Realty
Rooster Brother, a kitchenware store and roastery that’s well known in Ellsworth and the surrounding region, has been listed on the market for $2.9 million.
Rooster Brother, a kitchenware store and roastery that’s well known in Ellsworth and the surrounding region, has been listed for $2.9 million.
The store, at 29 Main St. on the banks of the Union River, has a solid base of returning customers that includes year-round and summer residents and tourists, according to the listing.
Janet Moore and Laura Pellerano with Legacy Properties Sotheby’s International Realty are representing the sellers in the listing.
The $2.9 million price tag includes the business itself, valued at $1.8 million and including inventory, intellectual property, and all equipment and systems in place. The real estate is valued at $1.1 million.
The sellers, Pamela and George Elias, started Rooster Brother 37 years ago. They were the 2023 recipients of the Ellsworth Chamber of Commerce Top Drawer Award.
“They’re local people,” said Pellerano. “Pamela started a small housewares store and George joined in. It’s grown substantially over the years.”
Located in the Ellsworth Historic District, the property includes a 12,000-square-foot building on 0.83 acres with parking, a lawn with picnic tables and 200 feet of river frontage. The property has good exposure, with a July traffic count of 18,000 vehicles a day.
The building dates to 1893. At that time it was Ellsworth’s largest wooden building and served as the Odd Fellows Hall.
The turnkey operation has strong financials with approximately $3 million in annual sales, comprehensive retail systems, intellectual property, commercial kitchen equipment and extensive inventory, according to the listing. The store’s trademark is, ''The Store for Cooks and Those who Love Them.”
As it’s set up now, the main floor offers specialty cookware, linens and homewares. A lower level offers specialty foods, wine and cheeses and baked goods. A roasting room offers on-site coffee roastery.
The upper story contains a commercial baking kitchen, inventory storage and more retail space if needed.
The store has just over 20 employees.
The Eliases decided to sell because it was time to move on to other endeavors, said Pellerano. They will continue to operate the store throughout the sale process.
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