Peabody 8-15

AUGUST 16, 2018
Brothers Kouzina wants
to stay on Route 1
WEEKLYNEWS.NET - 978-532-5880 5
By Thomas Grillo
Brothers Kouzina, the popular
Greek restaurant, won’t say
goodbye to their Route 1 location
until year’s end.
Co-owner Penny Christopher
said she is looking for a new
spot along the busy highway,
but hasn’t found a home yet
for their marinated lamb shish
kabob, chicken souvlaki plate,
and mousaka.
“What I can tell you now, is
we are still here, same owners,
same food, and same location,”
she said. “But I don’t have any
news yet on where we will be
next year. But I’d rather be on
Route 1 than anywhere else.”
For more than 40 years,
Penny and Jimmy have been
serving family-style Greek food
in Greater Boston. In 1972,
Jimmy Christopher immigrated
to the U.S. from Greece, where
he worked as a butcher, and
opened Brothers Deli in Boston.
The couple launched Brothers
Kouzina in 2006.
The restaurant property on
Newbury Street is owned by the
Christophers’ nephew, Alexander
Athanas, who purchased the 1.4-
acre site in 2015 for $2.5 million.
Athanas has agreed to lease
the 4,860-square-foot space to
Phytotherapy, a medical marijuana
dispensary, for $120,000 annually,
37 9th
ANNIVERSARY
according to documents made
available by the Massachusetts
Department of Public Health.
Pritesh Kumar, CEO of
Phytotherapy, said the transformation
of the restaurant to a
marijuana shop will take about
three months. He expects to
open next spring.
“We are looking to open a true
state-of-the-art medical and clinical
practice,” he said. “Our hope
is for our customers to have an
Apple Store-like experience.”
This summer, Phytotherapy
and Wellness Connection of
Massachusetts got the green light
from the City Council to open
clinics on Route 1. They will also
face competition from Alternative
Therapies Group, which has been
selling medical marijuana in
Salem for three years.
Phytotherapy operates a cultivating
and processing center in
Fitchburg. They estimate projected
revenue next year will be
$4.2 million, and $4.6 million in
2020.
Under the terms of an agreement
with the city, the financial
arrangement provides an initial
payment by each medical marijuana
dispensary of $100,000 to
fund the costs of medical, social,
and educational services in the
city. In addition, the facilities
will be taxed 3 percent of annual
gross revenues.
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