Well, I'm pretty sure that this follow-up operation to Zorba's and The Captain's Kitchen is gone. Or at least I've driven by it several times on weekend evenings now with no signs of activity despite someone having left the roadside OPEN sign turned on.
I never quite knew what to make of the place. It was obviously a nightclub with a latin audience, but it seemed to be open erratically, and for some reason despite it having been a fully kitchened restaurant in all its previous incarnations, Patrons set up a cooking operation on the deck. I don't speak Spanish, but "Show De Bikini" seems clear enough, and the rest of the sign would seem to indicate that the place made it to its one year anniversary at least.
A realty "for-sale" sign remains on the property, and has been there a good long time. I don't know if the owners finally decided to get serious about selling and kicked out the tennants or if Patrons just went under financially.
UPDATE 9 February 2012 -- Well, it appears that the next operation to give this building a go will be Continental: