NAPLES — Kona Grill, an American grill and sushi bar, announced that it has closed its restaurant in Naples, according to a press release on the company's Web site.
The company is expected to take an impairment charge during the third quarter of 2008, although the specific amount has yet to be determined.
"Although we are disappointed to have closed our Naples restaurant, we believe it was the prudent choice for our business as we seek to navigate through some very challenging times in our industry," said Marcus E. Jundt, Chief Executive Officer of Kona Grill.
The restaurant opened in November 2006 at Coastland Center mall.
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