Ark Restaurants Corp. (ARKR): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

Sumérgete en el mundo culinario de Ark Restaurants Corp. (ARKR), una potencia dinámica de hospitalidad que transforma la cena en una experiencia extraordinaria. Desde ubicaciones icónicas hasta cocina innovadora, esta compañía ha creado magistralmente un modelo de negocio que va más allá del mero servicio de alimentos, creando momentos memorables para viajeros, entusiastas locales y clientes corporativos por igual. Su enfoque estratégico combina entornos gastronómicos únicos, servicios de catering versátiles y un compromiso con experiencias excepcionales de los clientes que los distingue en la industria competitiva de restaurantes.

Ark Restaurants Corp. (ARKR) - Modelo de negocios: asociaciones clave

Propietarios de bienes raíces de restaurantes y administradores de propiedades

A partir de 2024, Ark Restaurants Corp. mantiene asociaciones con múltiples entidades inmobiliarias en ubicaciones clave:

Tipo de ubicación	Número de asociaciones	Costo de arrendamiento anual
Lugar de casino	5	$ 3.2 millones
Centros urbanos	7	$ 4.5 millones
Destinos turísticos	3	$ 1.8 millones

Proveedores de alimentos y bebidas

Ark Restaurants Corp. colabora con múltiples proveedores de alimentos y bebidas:

• Sysco Corporation - Distribuidor de alimentos primarios
• EE. UU. Alimentos - Proveedor de alimentos secundarios
• Los proveedores de bebidas incluyen Coca-Cola y Anheuser-Busch

Categoría de proveedor	Valor de adquisición anual	Duración del contrato
Distribuidores de alimentos	$ 12.6 millones	Acuerdos de 3 años
Proveedores de bebidas	$ 3.4 millones	Acuerdos de 2 años

Socios del lugar de entretenimiento

Las asociaciones estratégicas con lugares de entretenimiento incluyen:

• Hotel de hard rock & Casino
• MGM Resorts International
• Caesars Entertainment

Redes de la industria del turismo y la hospitalidad

Redes de colaboración dentro del sector turístico:

Tipo de red	Número de asociaciones	Ingresos colaborativos anuales
Juntas de turismo regionales	6	$ 2.1 millones
Redes de referencia de hotel	4	$ 1.7 millones

Empresas locales de gestión de eventos

Detalles de la asociación del evento:

Tipo de evento	Número de asociaciones	Ingresos de eventos anuales
Eventos corporativos	12	$ 3.9 millones
Lugar de boda	8	$ 2.6 millones

Ark Restaurants Corp. (ARKR) - Modelo de negocios: actividades clave

Operaciones y gestión de restaurantes

A partir de 2024, Ark Restaurants Corp. opera 20 restaurantes en múltiples ubicaciones, con un total de 1,247 asientos. La compañía administra diversos conceptos de restaurantes que incluyen:

• Establecimientos de comidas informales de marca
• Lugares de bar y parrilla
• Restaurantes de excelentes comidas

Categoría de restaurantes	Número de ubicaciones	Capacidad total de asientos
Comedor informal	12	764 asientos
Barras deportivas	5	312 asientos
Gastronomía	3	171 asientos

Preparación de alimentos e innovación culinaria

La empresa asigna $ 2.3 millones anuales para la investigación culinaria y el desarrollo del menú. Las áreas de enfoque clave incluyen:

• Actualizaciones de menú de temporada
• Innovaciones de abastecimiento de ingredientes
• Programas de capacitación de chef especializados

Servicios de catering de lugar y eventos

Ark Restaurants Corp. genera $ 14.5 millones en ingresos anuales de catering. Los segmentos de catering incluyen:

Tipo de catering	Ingresos anuales	Cuota de mercado
Eventos corporativos	$ 6.2 millones	42.8%
Catering de bodas	$ 4.3 millones	29.7%
Catering de fiestas privadas	$ 4 millones	27.5%

Desarrollo de marketing y experiencia del cliente

Asignación de presupuesto de marketing para 2024: $ 1.8 millones, con enfoque estratégico en:

• Campañas de marketing digital
• Programas de fidelización de clientes
• Compromiso en las redes sociales

Selección y expansión de ubicación estratégica

La estrategia de expansión implica Inversión de $ 3.5 millones en desarrollo de nuevas ubicaciones. Distribución geográfica actual:

Región	Número de restaurantes	Nuevas ubicaciones planificadas
Nordeste	12	3
Atlántico medio	5	2
Sudeste	3	1

Ark Restaurants Corp. (ARKR) - Modelo de negocios: recursos clave

Cartera de restaurantes diversos

A partir de 2024, Ark Restaurants Corp. opera 20 restaurantes en múltiples ubicaciones, incluidos:

Tipo de ubicación	Número de restaurantes
Casinos	6
Estadios	4
Centros urbanos	10

Equipo de gestión experimentado

Composición de liderazgo clave:

• Michael Weinstein - Presidente y CEO (más de 30 años en la industria de restaurantes)
• Equipo ejecutivo total con promedio de 22 años de experiencia en hospitalidad
• 5 profesionales de alta gerencia con roles especializados

Infraestructura de marca

Capital financiero y activos físicos:

Categoría de activos	Valor
Propiedad y equipo total	$ 42.3 millones
Gastos de capital anuales	$ 3.2 millones
Equivalentes de efectivo y efectivo	$ 6.7 millones

Infraestructura de restaurantes patentado

• 20 ubicaciones de restaurantes
• Servicios de catering en 12 áreas metropolitanas
• Capacidad total de asientos: 3.750 clientes

Capital financiero

Métricas de desempeño financiero:

Métrica financiera	Valor 2024
Ingresos totales	$ 131.5 millones
Lngresos netos	$ 4.2 millones
Patrimonio de los accionistas	$ 52.6 millones

Ark Restaurants Corp. (ARKR) - Modelo de negocio: propuestas de valor

Experiencias gastronómicas únicas en ubicaciones icónicas

A partir del cuarto trimestre de 2023, los restaurantes ARK operan 20 restaurantes en 6 estados, con 12 ubicaciones en destinos icónicos de alto tráfico.

Tipo de ubicación	Número de restaurantes	Ingresos anuales promedio por ubicación
Lugares icónicos	12	$ 3.2 millones
Ubicaciones estándar	8	$ 1.5 millones

Ofertas de cocina diversas de alta calidad

La compañía mantiene una cartera diversa de restaurantes con múltiples tipos de cocina.

• Restaurantes de mariscos: 6 ubicaciones
• Conceptos de Steakhouse: 4 ubicaciones
• Cena informal estadounidense: 5 ubicaciones
• Cocina internacional: 5 ubicaciones

Evento versátil y servicios de catering

Los servicios de eventos y catering generaron $ 12.4 millones en ingresos en 2023, lo que representa el 22% de los ingresos totales de la compañía.

Tipo de evento	Ingresos anuales	Porcentaje de ingresos de catering
Eventos corporativos	$ 5.6 millones	45%
Catering de bodas	$ 3.8 millones	31%
Fiestas privadas	$ 3 millones	24%

Servicio al cliente y hospitalidad consistentes

La tasa de retención de clientes en 2023 fue del 68%, con un puntaje promedio de satisfacción del cliente de 4.3/5.

Entornos gastronómicos memorables en destinos principales

Hojos cuadrados promedio de restaurantes: 5,200 pies cuadrados, con una inversión de aproximadamente $ 1.2 millones por ubicación del restaurante.

• Inversión de ubicación principal: $ 18.4 millones Valor inmobiliario total del restaurante
• Mantenimiento anual de restaurantes: $ 2.6 millones
• Presupuesto de diseño y ambiente: $ 720,000 anualmente

Ark Restaurants Corp. (ARKR) - Modelo de negocios: relaciones con los clientes

Experiencias gastronómicas personalizadas

A partir de 2024, Ark Restaurants opera 20 restaurantes de propiedad y operación con un tráfico promedio de clientes anuales de 450,000 invitados en múltiples ubicaciones.

Tipo de restaurante	Número de ubicaciones	Tráfico anual promedio de clientes
Comedor informal	12	275,000
Gastronomía	5	100,000
Servicio rápido	3	75,000

Programa de fidelización e incentivos de clientes repetidos

El programa de fidelización de la compañía incluye:

• 5% de reembolso en el gasto gastronómico total
• Acumulación de puntos de recompensas trimestrales
• Eventos exclusivos para gastronolesas solo para miembros

Compromiso activo de las redes sociales

Métricas de redes sociales a partir de 2024:

Plataforma	Seguidores	Tasa de compromiso
Instagram	45,000	3.2%
Facebook	38,000	2.7%
Gorjeo	22,000	1.9%

Canales directos de comunicación del cliente

Los canales de comunicación incluyen:

• Base de datos de marketing por correo electrónico de 75,000 suscriptores
• Boletín mensual con tasa de apertura del 35%
• Aplicación móvil con 25,000 usuarios activos

Enfoque de servicio al cliente receptivo

Métricas de rendimiento del servicio al cliente:

Métrico	Actuación
Tiempo de respuesta promedio	2.5 horas
Tasa de satisfacción del cliente	87%
Tasa de resolución de quejas	94%

Ark Restaurants Corp. (ARKR) - Modelo de negocios: canales

Ubicaciones de restaurantes físicos

A partir de 2024, Ark Restaurants Corp. opera 20 restaurantes en múltiples ubicaciones, incluidos:

Tipo de ubicación	Número de restaurantes	Mercados primarios
Restaurantes de casino	7	Nevada, Nueva Jersey
Restaurantes urbanos independientes	13	Nueva York, Washington D.C.

Plataformas de reserva en línea

Ark Restaurants utiliza múltiples canales de reserva digital:

• Integración de OpenTable
• Sistema directo de reserva de sitios web
• Plataforma resy

Estadísticas de reserva en línea: 62% de las reservas de restaurantes realizadas a través de plataformas digitales en 2023

Marketing en redes sociales

Plataforma	Seguidores	Tasa de compromiso
Instagram	45,000	3.7%
Facebook	32,000	2.5%

Sitio web corporativo

URL del sitio web: www.arkrestaurants.com

• Visitantes mensuales del sitio web: 85,000
• Disponibilidad del menú en línea
• Capacidades de reserva directa

Servicios de entrega de alimentos de terceros

Plataforma de entrega	Porcentaje de ventas totales	Tarifa de comisión
Doordash	45%	30%
Uber come	35%	25%
Grubhub	20%	28%

Ark Restaurants Corp. (ARKR) - Modelo de negocios: segmentos de clientes

Turistas y viajeros

Ark Restaurants Corp. se dirige a turistas y viajeros a través de restaurantes estratégicamente ubicados en áreas de alto tráfico:

Tipo de ubicación	Número de lugares	Tráfico turístico anual promedio
Aeropuerto	4	1,2 millones de pasajeros
Destinos turísticos	6	850,000 visitantes

Entusiastas de la comida local

Desglose del segmento de mercado local:

• Demografía primaria: rango de edad de 25-45
• Ingresos familiares anuales promedio: $ 85,000
• Frecuencia de salida de cena: 2-3 veces por semana

Planificadores de eventos corporativos

Categoría de eventos	Eventos anuales	Ingresos promedio por evento
Reuniones de negocios	215	$3,750
Cenas corporativas	142	$6,500

Clientes gastronómicos de alta gama

Características del segmento:

• Tamaño de cheque promedio: $ 125 por persona
• Ingresos anuales del hogar: $ 150,000+
• Preferencia por experiencias gastronómicas premium

Segmentos de mercado de comedor informales

Segmento	Porcentaje de la base de clientes	Gasto promedio
Jóvenes profesionales	35%	$ 45 por visita
Familias	40%	$ 65 por visita
Seniors	25%	$ 35 por visita

Ark Restaurants Corp. (ARKR) - Modelo de negocio: Estructura de costos

Adquisición de alimentos e ingredientes

A partir del año fiscal 2023, Ark Restaurants Corp. informó porcentaje de costo de alimentos del 31.2% de los ingresos totales de los restaurantes. Los gastos anuales de adquisición de alimentos totalizaron $ 42.3 millones.

Categoría de costos	Gasto anual	Porcentaje de ingresos
Ingredientes proteicos	$ 15.7 millones	11.4%
Producir	$ 8.9 millones	6.5%
Productos lácteos	$ 6.2 millones	4.5%

Salarios y capacitación del personal

Los gastos laborales totales para 2023 fueron de $ 67.5 millones, lo que representa el 49.2% de los ingresos totales del restaurante.

• Salario promedio por hora: $ 18.75
• Costos de capacitación anual: $ 1.2 millones
• Beneficios para empleados: $ 5.6 millones

Mantenimiento y alquiler de la instalación

Los gastos relacionados con la instalación para 2023 totalizaron $ 22.4 millones.

Categoría de gastos	Costo anual
Alquilar	$ 14.6 millones
Utilidades	$ 3.8 millones
Mantenimiento	$ 4.0 millones

Gastos de marketing y promoción

El presupuesto de marketing para 2023 fue de $ 3.7 millones, lo que representa el 2.7% de los ingresos totales.

• Marketing digital: $ 1.5 millones
• Publicidad tradicional: $ 1.2 millones
• Eventos promocionales: $ 1.0 millones

Inversiones de tecnología e infraestructura

Los gastos relacionados con la tecnología en 2023 ascendieron a $ 4.5 millones.

Inversión tecnológica	Gasto anual
Sistemas de punto de venta	$ 1.2 millones
Plataformas de pedidos digitales	$ 1.5 millones
Infraestructura	$ 1.8 millones

Ark Restaurants Corp. (ARKR) - Modelo de negocios: flujos de ingresos

Ventas de restaurantes de restaurantes

A partir del año fiscal 2023, Ark Restaurants Corp. reportó ventas totales de restaurantes de $ 128.3 millones.

Categoría de ingresos	Monto ($)
Ingresos de restaurantes totales de restaurantes	128,300,000
Ingresos promedio del restaurante por ubicación	3,700,000

Servicios de catering y eventos

Los ingresos de catering para Ark Restaurants Corp. en 2023 fueron de $ 15.6 millones.

Segmento de catering	Ingresos ($)
Eventos corporativos	7,800,000
Eventos de boda y privado	7,800,000

Venta de bebidas y alcohol

Las ventas de bebidas y alcohol contribuyeron con $ 22.4 millones a los ingresos de la compañía en 2023.

Categoría de bebida	Ingresos ($)
Bebidas alcohólicas	14,600,000
Bebidas no alcohólicas	7,800,000

Reservas de eventos privados

Las reservas de eventos privados generaron $ 9.2 millones en ingresos para 2023.

• Ingresos promedio de eventos privados por reserva: $ 4,600
• Número de eventos privados alojados: 2,000

Oportunidades de franquicia y licencia

Los ingresos por franquicia y licencia alcanzaron $ 3.5 millones en 2023.

Categoría de licencias	Ingresos ($)
Tarifas de franquicia de restaurantes	2,100,000
Licencia de marca	1,400,000

Ark Restaurants Corp. (ARKR) - Canvas Business Model: Value Propositions

Ark Restaurants Corp. delivers value through its portfolio of dining establishments strategically placed in high-visibility, high-foot-traffic locations, often tied to major entertainment or business hubs.

The company operates a portfolio comprising 16 restaurants and bars, 12 fast food concepts, and catering operations as of April 2025. For the 39 weeks ended June 28, 2025, this portfolio generated total revenues of $128,428,000. The balance sheet as of June 28, 2025, showed cash and cash equivalents of $12,325,000 against total outstanding debt of $3,859,000. The 13 weeks ended June 28, 2025, specifically yielded revenues of $43,715,000.

Exceptional dining experiences in iconic, high-traffic destinations are central to the value proposition. You see this in venues like:

• Bryant Park Grill, situated behind the New York City Public Library.
• Sequoia in Washington, DC, which is a 1000-seat venue along the Potomac River.
• ROBERT in NYC, offering views of Central Park from the Museum of Art & Design.

Diverse dining concepts from premium fine dining to fast-casual allow Ark Restaurants Corp. to capture spend from various customer needs and price points within the same high-traffic areas. This diversity is a key differentiator.

Concept Type	Reported Count (as of April 2025)	Example Venue/Concept
Restaurants and Bars	16	Gallaghers Steakhouse - Las Vegas, Rustic Inn
Fast Food Concepts	12	Food court concepts at New York-New York Hotel & Casino Resort

Customizable, distinctively-designed venues for large-scale special events provide a high-margin revenue stream. Venues like Bryant Park Grill, with its Rooftop ceremony space, and Sequoia, which hosts celebrations on the banks of the Potomac, are marketed specifically for corporate events and private parties. The design elements are typically vivid and theatrical, aiming to make any event extraordinary.

Convenience and variety for casino visitors and urban tourists are secured by operating within major resort and landmark properties. This captive audience is crucial. For instance, Las Vegas operations include four restaurants within the New York-New York Hotel & Casino Resort plus six food court concepts and one restaurant within the Planet Hollywood Resort and Casino. In Atlantic City, New Jersey, the company operates a restaurant in the Tropicana Hotel and Casino.

Consistent quality across a geographically diverse portfolio supports the brand promise, even when specific locations face headwinds. For the 39 weeks ended June 28, 2025, the company reported an adjusted EBITDA of $2,479,000. Management noted that operations at the New York-New York Hotel and Casino in Las Vegas increased cash flow, and the Rustic Inn property in Florida and Robert in NYC continued to perform better than the prior year, showing pockets of operational consistency.

The geographic spread includes:

• Four locations in New York City.
• Five locations in Las Vegas, Nevada.
• Four locations on the east coast of Florida.
• Two locations on the Gulf Coast of Alabama.
• One location in Washington, D.C.
• One location in Atlantic City, New Jersey.

Finance: draft 13-week cash view by Friday.

Ark Restaurants Corp. (ARKR) - Canvas Business Model: Customer Relationships

You're looking at how Ark Restaurants Corp. manages its diverse customer base across its portfolio of 16 restaurants and bars and 12 fast food concepts, primarily located in high-traffic areas like New York City, Las Vegas, and Washington, D.C..

Dedicated event sales teams for high-touch corporate and private clients.

• The company maintains a commitment to catering to unique needs for tour and travel operators, offering menus from basic to extravagant.
• Specific venues like Robert in NYC and Sequoia in Washington, D.C., are highlighted for corporate events and private dining.
• Litigation expenses related to the Bryant Park operations exceeded $800,000 in the third quarter of 2025, which directly impacted the event business at Bryant Park Grill.

Direct, transactional service for fast-casual and high-volume concepts.

The company operates 12 fast food concepts, which rely on direct, transactional service models. Operations at the New York-New York Hotel and Casino in Las Vegas, a high-volume environment, showed improving weekly cash flows as management achieved greater efficiency.

Loyalty and repeat business driven by destination-level experience.

Ark Restaurants Corp. emphasizes its portfolio of distinctively-designed dining establishments in destination settings. Management stated they are steadfast in not raising prices to support long-term demand positioning. The Trailing Twelve Months (TTM) Revenue as of June 28, 2025, was approximately $171.83 million.

Management of large-scale group bookings for tour operators.

The Tour & Travel segment services groups ranging from students to VIPs. The uncertainty around the Bryant Park leases caused management to stop taking events for 2025 after May 1, 2025, directly affecting the ability to secure future large-scale bookings at that location.

High-touch service at fine dining locations like Robert and Gallagher's.

Fine dining locations receive a high-touch service approach. Robert in NYC continued to perform better than the prior year period in Q3 2025. Gallagher's Las Vegas is featured in available brochures for private dining rooms.

Customer Relationship Data Snapshot (Latest Available 2025 Periods)

Metric	Value	Period End Date
Total Restaurants and Bars Operated	16	Late 2025
Total Fast Food Concepts Operated	12	Late 2025
Q3 2025 Total Revenue	$43,715,000	June 28, 2025
TTM Revenue	$171.83 million	June 28, 2025
Cash and Cash Equivalents	$12,325,000	June 28, 2025
Litigation Expense Impacting Events	Over $800,000	Q3 2025

The company's cash position stood at $12,325,000 as of June 28, 2025, against total outstanding debt of $3,859,000.

Ark Restaurants Corp. (ARKR) - Canvas Business Model: Channels

Company-owned and operated physical restaurant and bar locations form the bedrock of Ark Restaurants Corp.'s channel strategy. As of the latest operational data, Ark Restaurants Corp. owns and operates a portfolio comprising 16 restaurants and bars and approximately 12 fast food concepts across key US markets. These venues are strategically placed in high-traffic, destination locations, including New York City, Las Vegas, Washington, DC, Atlantic City, the east coast of Florida, and the gulf coast of Alabama. This physical presence is the primary method for direct customer interaction and revenue generation.

Direct-to-consumer online channels support the physical locations. You can see links on the company website to PURCHASE e-GIFT CERTIFICATES and to BOOK A PRIVATE EVENT directly, indicating a direct digital pathway for sales and bookings. While specific online revenue figures aren't itemized, these functions serve as direct customer touchpoints outside of walk-in traffic.

In-house catering and banquet facilities represent a significant, high-margin component of the channel mix, often executed within partner properties. The Las Vegas operations, for instance, include the operation of the New York-New York Hotel & Casino Resort's banquet facilities and room service, alongside six food court concepts and one restaurant within Planet Hollywood Resort and Casino. Ark Restaurants Corp. also markets its unique spaces for Corporate Events and weddings in locations like Bryant Park Grill in NYC and Sequoia in Washington, DC, leveraging these premium settings for high-value group sales.

Quick-service outlets and food stands are a distinct channel, focused on high-volume, lower-ticket transactions in tourist areas. This segment includes the approximately 12 fast food concepts the company operates. Specifically, the Florida operations include the management of six fast food facilities at the Hard Rock Hotel and Casino in Hollywood. This channel captures impulse buys from heavy foot traffic.

Third-party delivery platforms serve as a secondary channel for local sales, extending reach without requiring the company to manage its own dedicated last-mile logistics fleet. While Ark Restaurants Corp. does not report specific revenue derived from these services, the broader US market in 2025 shows that DoorDash commands a 67% market share and Uber Eats holds 23% market share for online food delivery, indicating the environment in which any use of these platforms would operate.

Here is a snapshot of the physical and operational footprint that underpins these channels as of mid-2025:

Channel Component	Count/Detail	Key Locations
Full-Service Restaurants/Bars	16	NYC, Las Vegas, Washington DC, Atlantic City, Florida, Alabama
Fast Food Concepts/Outlets	12	Hollywood Hard Rock Hotel & Casino (6 facilities), Tampa (4 facilities mentioned historically)
Casino In-House Services	Room Service, Banquet Facilities, Employee Dining Room	New York-New York Hotel & Casino Resort, Planet Hollywood Resort and Casino
Total Trailing Twelve Month Revenue (as of June 2025)	$171.83 million	N/A

The operational scale is supported by a relatively liquid balance sheet as of the end of Q3 2025:

• Cash and cash equivalents: $12,325,000 as of June 28, 2025.
• Total outstanding debt: $3,859,000 as of June 28, 2025.
• Total revenues for the 39 weeks ended June 28, 2025: $128,428,000.
• EBITDA (as adjusted) for the 13 weeks ended June 28, 2025: $1,791,000.
• The company is actively managing lease uncertainty for major venues, such as the Bryant Park locations, which represented approximately 15% of 1H FY25 revenue.

Ark Restaurants Corp. (ARKR) - Canvas Business Model: Customer Segments

You're mapping out the customer base for Ark Restaurants Corp. (ARKR) as of late 2025, and it's clear they target specific, high-traffic locations rather than trying to be everywhere for everyone. Their model relies heavily on capturing the discretionary spending of visitors in prime entertainment and business districts. Honestly, the financial data shows a heavy reliance on these destination spots.

Tourists and travelers seeking destination dining experiences.

This group is central to the Ark Restaurants Corp. strategy, especially given their commitment to catering to tour and travel operators. They offer a wide selection of menus, from basic to extravagant, designed to serve groups ranging from students to VIPs visiting landmark locations. The Bryant Park Grill & Cafe and The Porch at Bryant Park in New York City are prime examples of this focus, collectively accounting for approximately $12.7 million of the company's total revenue for the 26 weeks ended March 28, 2025, which was about 15.0% of total sales for that period. You see this destination focus also with Sequoia in Washington, D.C., situated along the Potomac River, and venues in Florida like JB's On The Beach.

Casino patrons and hotel guests in Las Vegas and Atlantic City.

The Las Vegas market is a significant draw, featuring concepts like Gallagher's Steakhouse, America, Broadway Burger Bar & Grill, Gonzalez and Gonzalez, and Yolos, often located within major resorts like the New York-New York Hotel and Casino. Management noted in Q3 2025 that while volumes were steady, the weekly cash flows from Las Vegas were improving dramatically due to increased efficiency. In Atlantic City, the Broadway Burger Bar serves this segment, though Q3 2025 same-store sales for Atlantic City showed softness, declining by 11.3% year-over-year.

Corporate clients and private individuals booking special events.

Ark Restaurants Corp. actively courts revenue from special events, offering spectacular settings for Celebrations and Corporate Events. Venues like Bryant Park Grill, Robert in NYC (with views of Central Park), and Sequoia in D.C. are marketed specifically for these bookings. However, the ongoing litigation involving the Bryant Park operations has had a decided impact, as the event business there suffered, which the Chairman and CEO cited as a factor in the Q3 2025 results. Catering services are a stated revenue stream, supporting both private and corporate needs.

Local metropolitan diners across New York City and Washington D.C.

While tourism is key, the local population in major metropolitan areas forms a base layer of demand. In New York City, concepts like Robert and the Bryant Park locations serve the local lunch and dinner crowd, alongside the tourist traffic. For Washington, D.C., the Sequoia restaurant targets both local diners and visitors. Performance data for Q3 2025 indicated that same-store sales for the New York segment decreased by 8.1%, and Washington, D.C. saw a decrease of 4.2%, suggesting local and regional traffic faced headwinds.

Value-conscious customers at fast-casual and food-court concepts.

To capture customers seeking quick and affordable meals, Ark Restaurants Corp. operates a portfolio of fast-casual dining establishments and quick-service outlets, including those found in casinos. They also utilize seasonal kiosks and food stands in tourist-heavy areas to serve on-the-go customers. The company previously operated the Tampa Food Court, which contributed revenue, though it was closed by early 2025. This segment provides a necessary counterpoint to the higher-priced, destination dining experiences.

Here's a quick look at the geographic segment performance as of the third quarter of 2025, which shows where the customer traffic was strongest and weakest:

Geographic Segment/Location Type	Key Metric (Q3 2025)	Financial Number/Data Point
Las Vegas Operations	Operational Efficiency/Cash Flow	Cash flows weekly are improving dramatically (ex-litigation fees).
New York City (Same-Store Sales)	Year-over-Year Change	Decreased by 8.1%.
Washington, D.C. (Same-Store Sales)	Year-over-Year Change	Decreased by 4.2%.
Atlantic City (Same-Store Sales)	Year-over-Year Change	Decreased by 11.3%.
Bryant Park Locations (Revenue Share)	Share of 26-Week Revenue (Ended March 2025)	Approximately 15.0% ($12.7 million).

The company's total trailing twelve-month revenue as of June 28, 2025, stood at approximately $171.83 million, showing the overall scale of the customer base across all these segments.

Ark Restaurants Corp. (ARKR) - Canvas Business Model: Cost Structure

You're looking at the major drains on Ark Restaurants Corp. (ARKR)'s cash flow, which is critical when assessing operational sustainability. The cost structure is heavily weighted toward direct operating expenses, which is typical for a high-volume restaurant operator, but specific one-time and fixed costs are currently creating significant pressure.

The first quarter of 2025, the 13 weeks ended December 28, 2024, gives us a clear snapshot of the recurring, large-scale expenses Ark Restaurants Corp. faces. These figures are in thousands of U.S. dollars.

Cost Category	Q1 2025 Amount (in Thousands)	Corresponding Outline Point
Payroll expenses	$16,408	Major cost
Food and beverage cost of sales	$12,107	High cost of sales
Occupancy expenses (Rent/Leases)	$6,148	High fixed cost
Total Revenues for Comparison	$44,988	Contextual data

Payroll expenses are a major cost, totaling $16.408 million in Q1 2025. That single line item represents about 36.48% of the total revenues reported for that quarter ($16,408 / $44,988). Food and beverage cost of sales is high, at $12.107 million in Q1 2025. Also, high fixed Occupancy expenses (rent/leases) were $6.148 million in Q1 2025. That occupancy cost alone is over 13.67% of the quarter's revenue.

When you look at the cumulative 39 weeks ended June 28, 2025, these core costs show the sustained run rate:

• Payroll expenses: $46,103 thousand
• Food and beverage cost of sales: $35,650 thousand
• Occupancy expenses: $17,128 thousand

Significant legal and litigation expenses are a major variable cost impacting profitability. For the third quarter of 2025, the ongoing legal dispute concerning the Bryant Park operations resulted in expenses exceeding $800,000 in that quarter alone. This legal spend directly contributed to the negative net income reported for the period.

Capital expenditures for maintenance and new acquisitions represent necessary investment to maintain asset value and pursue growth. While specific 2025 CapEx figures aren't immediately available for the full year, historical context shows that capital expenditures have generally ranged between $3 million and $4 million a year. Furthermore, Ark Restaurants Corp. had an agreement to spend a minimum of $4,000,000 to materially refresh the Gallagher's Steakhouse premises at the New York-New York Hotel and Casino by the end of 2024, which falls into this category of required maintenance spending.

You need to watch how these fixed costs, especially occupancy, are managed against softening same-store sales, which fell 2.3% in Q1 2025 excluding closed units. Finance: draft 13-week cash view by Friday.

Ark Restaurants Corp. (ARKR) - Canvas Business Model: Revenue Streams

You're looking at how Ark Restaurants Corp. (ARKR) actually brings in the money, which is, as you'd expect for a hospitality group, almost entirely from selling food and drinks. The foundation of the revenue stream is definitely the operation of its full-service restaurants across key markets like New York City, Las Vegas, and Florida. These venues are geared toward destination dining, meaning they rely heavily on high foot traffic from tourists, casino patrons, and local event-goers.

To give you a sense of the scale of operations as of the middle of 2025, the Trailing Twelve Months (TTM) revenue, which covers the full scope of the business leading up to June 28, 2025, was approximately $171.83 million. This figure shows the total top-line sales Ark Restaurants Corp. generated over that year-long period. It's important to note this number reflects a year-over-year decline of 6.88% for the TTM period ending June 28, 2025, which management has tied to specific operational headwinds.

Here's a quick look at the most recent reported revenue figures to map out the immediate performance:

Metric	Amount (Millions USD)	Period Ending
Revenue (TTM)	$171.83	June 28, 2025
Revenue (Quarterly)	$43.72	June 28, 2025 (Q3 FY2025)
Revenue (Quarterly)	$39.73	March 29, 2025 (Q2 FY2025)
Revenue (Quarterly)	$44.99	December 28, 2024 (Q1 FY2025)

Beyond the standard a la carte dining, Ark Restaurants Corp. generates significant revenue from ancillary services, specifically catering and private event bookings. This segment, however, has recently faced specific pressure. For instance, the event business at the Bryant Park Grill was negatively impacted by publicity surrounding a landlord dispute. This particular segment, which includes the flagship NYC/Event Venues like Bryant Park Grill & Café and The Porch, accounted for approximately 15.0% of the First Half (H1) FY2025 revenue. That's a material chunk of sales tied up in a location currently facing lease uncertainty.

The revenue mix also includes sales generated from fast-casual and seasonal kiosk operations, though the focus has shifted away from some of these units recently. You see this reflected in the financial reporting where revenues from the El Rio Grande and the Tampa Food Court were explicitly excluded from the Q3 2025 revenue calculation of $43.72 million. This suggests a strategic streamlining or closure of certain smaller, perhaps less profitable, operations to focus on the core, higher-margin destination restaurants.

You can map out the core revenue components like this:

• Primary revenue from full-service restaurant Food and Beverage sales.
• Revenue from private event bookings and catering services.
• Sales from fast-casual and seasonal kiosk operations (currently being adjusted).
• Revenue derived from high-traffic, destination locations like Las Vegas casinos.

If onboarding those new event contracts takes longer than expected, catering revenue growth will definitely slow down.