Kona Grill Files Chapter 11 Bankruptcy, Closes Select Texas Locations

Twitter / @konagrill
Kona Grill, the Arizona-based Asian fusion chain, filed for Chapter 11 bankruptcy protection on Tuesday.

Though the two San Antonio restaurant locations are still in operation, the company's financial struggles have led to closures throughout the nation, including its sole Austin location and three Houston-area restaurants.

"I think they're closing the locations that aren't making any money, but we're doing okay," a local Kona Grill employee, who asked not to be named, told the Current.

According to Restaurant Business, the company has dealt with several major structural and leadership changes, replacing its CEO position four times within a single year.

Marcus Jundt, a Kona Grill co-founder who recently stepped down from the CEO position, has been accused of hurting the chain through independent decisions. During his tenure, Jundt fired the company's marketing department, eliminated all expansion plans and changed the popular happy hour menu.

The Current this week reached out to several company representatives for comment but received no response.

This is a developing story. To find the nearest Kona Grill location, click here.

So many restaurants, so little time. Find out the latest San Antonio dining news with our Flavor Friday Newsletter.
Scroll to read more Flavor articles
Join the San Antonio Current Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state.
Help us keep this coverage going with a one-time donation or an ongoing membership pledge.


Join SA Current Newsletters

Subscribe now to get the latest news delivered right to your inbox.