The sale of Kona Grill to Denver-based One Group Hospitality Inc. closed in October for $25 million in cash and the assumption of nearly $11 million in debt. Now One Group are offering up ways they figure they can get the most out of the Scottsdale-based restaurant chain.
The ONE Group Hospitality, Inc. Purchased 25 Kona Grill Restaurants, Increased Guidance STKS may be worth over $8 a share based on conservative industry multiples STKS got the pick of 25 very best Kona locations following sushi chain’s bankruptcy STKS has shown consistent, industry-leading same-store sales under CEO Hilario By John Jannarone By the time […]
The investors in restaurant chain Kona Grill — including a couple of businessmen who also invested in the Phoenix Rising socceer team — won’t receive anything from its $25 million buyout, the company made clear in regulatory filings Tuesday.