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Friday, October 4, 2024

Denver’s Monaco Inn Restaurant closing after nearly 40 years

Reflecting on his nearly 40 years of business, Mike Tsikoudakis spoke slowly and carefully, with a tear in his eye.

“(I’m) grateful forever,” he said about his customers. “They’re always going to be in my heart. And I’m going to miss them, but it was time for me to move on.”

Tsikoudakis, 72, and 68-year-old business partner Terry Vaidis are retiring and selling their Greek eatery Monaco Inn Restaurant at 962 S. Monaco St. Parkway. They opened it in 1986.

Pomodoro Pizza and Pasta, an Italian restaurant just across the Aurora border near Lowry, will be taking over the space for a second location, potentially as early as the month’s end.

“I just felt like (it was) my own dining room,” Tsikoudakis said.

Many years ago, he was a 16-year-old kid from Crete, a large island south of mainland Greece, visiting Denver on his uncle’s dime. His life became firmly intertwined with the city and the country from that point on, finding work in restaurants around town. Never as a chef, but as a bartender and manager.

Tired of shifting from job to job, he heard of an empty restaurant for sale and purchased it for $50,000.

“When we first opened, my gosh. I mean, I think one drink was $2.50,” Tsikoudakis said.

Steaks were $9, a gyro was $6. Now, those items cost $27 and $15.

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