Police said 59-year-old Louis Derosa was arrested after an argument that happened in a parking lot at 500 East International Pkwy. early at 2:57 a.m. Friday.
Police said Derosa approached Sean Boettcher and David Crystal, who work for him at the Bad Boys Bar and Grille at 601 Main Street.
Derosa wanted the password to a computer, but Boettcher would not give it to him claiming that he was owed $3,500, police said.
Crystal and Boettcher told police Derosa became aggressive and pulled out a hunting knife. Boettcher was punched, then slashed across the face.
Police said Derosa took off in his truck, leaving the men behind. Boettcher was transported to Halifax Medical Center with a 2 inch deep cut across his face.
Police were able to find Derosa who was placed under arrest for aggravated battery and taken to the Volusia County jail where he faced a judge Saturday morning.
Derosa bonded out of jail Saturday afternoon.