Nick's Famous Roast Beef, established in 1975 and a beloved local destination in Beverly, is transitioning to new ownership. Current co-owners Nicholas Koudanis and Nicholas Markos, both in their seventies, announced their retirement to spend more time with family. The new owners, a younger couple named Ted and Tami, are committed to preserving the restaurant's legacy by keeping the same name and recipes. Despite past legal issues faced by the Koudanis family, the restaurant has maintained its popularity, having been voted the best roast beef sandwich shop by readers in 2024.
We are 70 and 75 years old, and it's time to spend time with our family. Nothing is changing except the owners, and we will be here as long as they need us to smooth out their starting point.
The new owners, 'Ted and Tami', are a younger married couple that plans to continue on the established legacy of Nick's with the same recipes and name.
Nick's Famous Roast Beef was named best roast beef sandwich shop by Boston.com readers in 2024, and one of the best in the country in 2019 by People magazine.
Despite legal troubles, customers continued to return over the years for the hospitality and the beef.
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