The News-Courier in Athens, Alabama

State and Nation

September 4, 2009

Matsos family sells most Golden Rule restaurants

BIRMINGHAM, Ala. (AP) — Most of the restaurants in the Golden Rule Bar-B-Q chain have been sold, along with the Golden Rule name, to a Florida businessman.

Under a deal completed this week, Golden Rule CEO Charles Matsos stay on as a consultant for two years. He and his father, Michael, will be franchise owners of four Golden Rule locations, including the original Irondale restaurant.

Jeff Miller, who controls a family business that has 144 Lee’s and 110 Mrs. Winner’s chicken restaurants in 16 states, is the buyer.

Miller gets the rights to the Golden Rule name and ownership of 15 restaurants in the deal.

The Matsos family retains ownership of Golden Rule restaurants in Irondale, Calera, Sylacauga and Madison.

Charles Matsos says the sale caps an 18-month search for a buyer.



Text Only
State and Nation
Poll

Will your family take a summer vacation this year?

Yes
No
     View Results
Echoes from the Titanic
AP Video
No Limits for Disabled Hunters at Mich. Base Victim Identified in Fla. Face-chewing Attack Radioactive Bluefin Tuna Crossed the Pacific 90 Guns Seized, Dozens Arrested in Oakland Raw Video: Hail Storm Batters Oklahoma City 6-Year-Old Going to National Spelling Bee California's Foie Gras Ban About to Begin Video Essay: Funky Winkerbean Comic Turns 40 Hurricane Andrew Remembered, 20 Years Later Judge's Ruling Halts Tenn. Mosque Construction Romney in Las Vegas on Texas Primary Day Sister Says She Reported Brother in Patz Killing Even Fla. Police Shocked by Face-Mauling Attack Angry Birds Spreading Their Wings
Hyperlocal Search
Premier Guide
Find a business

Walking Fingers
Maps, Menus, Store hours, Coupons, and more...
Premier Guide
Popular Searches
Powered by Local.com
Stocks
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Business Marquee
Community Calendar
Loading…
Events by eviesays.com