SeaFood Business

JAN 2014

SeaFood Business is the global trusted authority for seafood buyers and sellers. We are the seafood industry's leading trade magazine with more than 30 years of experience. Our coverage is based on the "business" of buying and selling seafood.

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Behind the Line with local vendors close to Las Vegas to source fruit and vegetables. Desert Bloom Eco Farm, a 45-minute drive away, supplies the restaurant with shishito peppers, lemon verbena, basil, cherry tomatoes and eggplant, a fact that's promoted on AquaKnox's Facebook page. "Te Venetian is promoting it too, which makes us realize we're doing something that's impactful," Menefee says. Back in the kitchen, Aguglia has added Asian infuences to some AquaKnox dishes. Te king salmon is served on forbidden black fried rice with shishito peppers and carrot-miso sauce. "We cook it on our mesquite grill, serve it medium rare and glaze it with a kabayaki sauce," he says. Te tuna tartare "Gangnam style" is delivered with a Korean chili vinaigrette and tempura crunch. "As long as you can tell your guests what they're about to get, they respect it more," says Menefee. "In the middle of the desert, for example, we're serving some of the best oysters in the world for freshness. When it comes to great food there are some things you cannot put a price on." we're executing great food for a party of up to 500 people on a regular basis," he says. "To be able to generate that kind of revenue is pretty powerful." Menefee does a comparative analysis twice a year to check his prices against those of competing seafood restaurants in the area and says AquaKnox boasts one of the lower-tier price points. "We don't charge a premium as much as we should — for example our crab cakes are far lower in price than most other restaurants in our spectrum and some other restaurants charge between $4 and $8 more for the same scallop entrée than we do." With a reputation as one of Vegas' hottest seafood restaurants, people are expecting perfection at AquaKnox, he adds. "It means we can't have an of-night or an of-table. If you're a connoisseur of seafood, this restaurant is a great playground." Contributing Editor Lauren Kramer lives in Richmond, British Columbia "If you're a connoisseur of seafood, this restaurant is a great playground." — Rob Menefee, GM, AquaKnox Te average guest check at AquaKnox ranges from $75 in non-peak times of year to $115 at peak times in July and December. Te dinneronly restaurant is projected to do close to $9 million in revenue for 2013, with close to one-third of that generated by private events. "Te entire restaurant gets bought out frequently, which means Visit us online at www.seafoodbusiness.com January 2014 SeaFood Business 31

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