Profile: Kona Grill Inc (KONA.OQ)
Kona Grill, Inc. owns and operates 23 upscale casual restaurants in 16 states. The Company’s restaurants offer freshly prepared food, attentive service, and an upscale contemporary ambiance. The Company’s restaurants feature a selection of mainstream American dishes, as well as a variety of appetizers and entrees with an international influence, including a selection of sushi. The menu items also incorporate over 40 signature sauces and dressings that Kona Grill makes from scratch. Its menu offerings are complemented by a full service bar offering a broad assortment of wines, specialty drinks, and beers. In July 2011, it closed a restaurant in West Palm Beach, Florida. In September 2011, the Company closed a restaurant in Sugar Land, Texas.
The Company’s restaurants seat an average of 290 guests and are comprised of multiple dining areas. Its main dining area, full-service bar, outdoor patio, and sushi bar provide a choice of atmospheres and a variety of environments. It locate its restaurants in high-activity areas, such as retail centers, shopping malls, urban entertainment districts, and lifestyle centers that are situated near commercial office space and residential housing.
The Company’s menu features a selection of appetizers, salads, soups, flatbreads, sandwiches, noodles, seafood, signature entrees, and desserts. Its appetizers include socially interactive items that can be eaten individually or easily shared amongst guests, such as its Ahi Wonton Crisps, Chicken Satay, and Sweet and Spicy Shrimp. The Company’s signature entrees feature its various sauces and offer guests generous portions. Its Macadamia Nut Chicken is served with shoyu-cream sauce accompanied by parmesan garlic mashed potatoes and haircot vert. Other favorites include Miso-Sake Marinated Sea Bass served with shrimp and pork fried rice and a seasonal vegetable and Pan-Seared Ahi Tuna served over steamed white rice with a sweet-chili sauce.
The Company’s assortment of sushi includes traditional favorites, as well as distinct specialty items, such as its Voodoo Roll made with spicy crawfish mix, avocado rolled inside of a seaweed paper, topped with a habanero tuna mix and chili masago, or the Bama Roll made with crab mix, cream cheese and jalapeno in soy paper topped with tuna, avocado, fish roe and spicy mayo. Each sauce is designed according to a recipe for specific menu items and includes flavors and combinations, such as its honey cilantro, shoyu-cream, and spicy aioli dipping sauces, and its sesame-soy and honey dijon dressings. It also offers group dining menus and sushi platters to provide additional opportunities to service its guests.
The Company’s restaurants offer a selection of domestic and imported bottled and draft beers, over 25 selections of wines by the glass or bottle, and a selection of liquors and specialty cocktail drinks. During its weekday happy hour (3 p.m. to 7 p.m.) and reverse happy hour (9 p.m. to 11 p.m.), it offer discounts on selected food and alcoholic beverage items.
Kona Grill Inc
SUITE 220, 7150 EAST CAMELBACK R
SCOTTSDALE AZ 85251