Ark Restaurants Corp. (ARKR): Business Model Canvas [Jan-2025 Mis à jour]

Plongez dans le monde culinaire d'Ark Restaurants Corp. (ARKR), une centrale d'hospitalité dynamique qui transforme les repas en une expérience extraordinaire. Des emplacements emblématiques à la cuisine innovante, cette entreprise a magistralement conçu un modèle commercial qui va au-delà de simples services de restauration, créant des moments mémorables pour les voyageurs, les passionnés locaux et les clients d'entreprise. Leur approche stratégique mélange des environnements de restauration uniques, des services de restauration polyvalente et un engagement envers des expériences client exceptionnelles qui les distinguent dans l'industrie de la restauration compétitive.

Ark Restaurants Corp. (ARKR) - Modèle commercial: partenariats clés

Propriétaires immobiliers et gestionnaires immobiliers des restaurants

En 2024, Ark Restaurants Corp. maintient des partenariats avec plusieurs entités immobilières dans des emplacements clés:

Type d'emplacement	Nombre de partenariats	Coût de location annuel
Casino LIEUX	5	3,2 millions de dollars
Centres urbains	7	4,5 millions de dollars
Destinations touristiques	3	1,8 million de dollars

Fournisseurs de nourriture et de boissons

Ark Restaurants Corp. collabore avec plusieurs fournisseurs d'aliments et de boissons:

• Sysco Corporation - Distributeur alimentaire primaire
• US Foods - Fournisseur d'aliments secondaires
• Les fournisseurs de boissons comprennent Coca-Cola et Anheuser-Busch

Catégorie des fournisseurs	Valeur d'achat annuelle	Durée du contrat
Distributeurs alimentaires	12,6 millions de dollars	Accords de 3 ans
Fournisseurs de boissons	3,4 millions de dollars	Accords de 2 ans

Partners du lieu de divertissement

Les partenariats stratégiques avec les lieux de divertissement comprennent:

• Hôtel hard rock & Casino
• MGM Resorts International
• Césars Entertainment

Réseaux d'industrie du tourisme et de l'hôtellerie

Réseaux de collaboration dans le secteur du tourisme:

Type de réseau	Nombre de partenariats	Revenus collaboratifs annuels
Boards touristiques régionaux	6	2,1 millions de dollars
Réseaux de référence de l'hôtel	4	1,7 million de dollars

Sociétés de gestion d'événements locaux

Détails du partenariat d'événements:

Type d'événement	Nombre de partenariats	Revenus de l'événement annuel
Événements d'entreprise	12	3,9 millions de dollars
Lieux de mariage	8	2,6 millions de dollars

Ark Restaurants Corp. (ARKR) - Modèle d'entreprise: Activités clés

Opérations et gestion des restaurants

En 2024, Ark Restaurants Corp. exploite 20 restaurants sur plusieurs emplacements, avec un total de 1 247 sièges. La société gère divers concepts de restaurants, notamment:

• Établissements de restauration décontractés de marque
• Sports Bar and Grill LIEUX
• Restaurants gastronomiques

Catégorie de restaurant	Nombre d'emplacements	Capacité totale de sièges
Salle à manger décontractée	12	764 sièges
Bars sportifs	5	312 sièges
Gastronomie	3	171 sièges

Préparation des aliments et innovation culinaire

L'entreprise alloue 2,3 millions de dollars par an à la recherche culinaire et au développement de menu. Les principaux domaines d'intérêt comprennent:

• Mises à jour du menu saisonnier
• Innovations d'approvisionnement en ingrédient
• Programmes de formation des chefs spécialisés

Services de restauration de lieux et d'événements

Ark Restaurants Corp. génère 14,5 millions de dollars en revenus de restauration annuelle. Les segments de restauration comprennent:

Type de restauration	Revenus annuels	Part de marché
Événements d'entreprise	6,2 millions de dollars	42.8%
Catering de mariage	4,3 millions de dollars	29.7%
Restauration de fête privée	4 millions de dollars	27.5%

Marketing et développement de l'expérience client

Attribution du budget marketing pour 2024: 1,8 million de dollars, avec une concentration stratégique sur:

• Campagnes de marketing numérique
• Programmes de fidélisation de la clientèle
• Engagement des médias sociaux

Sélection et expansion de l'emplacement stratégique

La stratégie d'expansion implique Investissement de 3,5 millions de dollars dans le développement de la nouvelle localisation. Distribution géographique actuelle:

Région	Nombre de restaurants	De nouveaux emplacements prévus
Nord-est	12	3
Moyen-atlantique	5	2
Au sud-est	3	1

Ark Restaurants Corp. (ARKR) - Modèle d'entreprise: Ressources clés

Portfolio de restaurants diversifié

En 2024, Ark Restaurants Corp. exploite 20 restaurants sur plusieurs emplacements, notamment:

Type d'emplacement	Nombre de restaurants
Casinos	6
Stades	4
Centres urbains	10

Équipe de gestion expérimentée

Composition clé du leadership:

• Michael Weinstein - président-directeur général (30 ans et plus dans l'industrie de la restauration)
• Total Executive Team avec une moyenne de 22 ans d'expérience en hospitalité
• 5 Professionnels de la haute direction avec des rôles spécialisés

Infrastructure de marque

Capital financier et actifs physiques:

Catégorie d'actifs	Valeur
Propriété totale et équipement	42,3 millions de dollars
Dépenses en capital annuelles	3,2 millions de dollars
Equivalents en espèces et en espèces	6,7 millions de dollars

Infrastructure de restauration propriétaire

• 20 emplacements de restaurants
• Services de restauration dans 12 zones métropolitaines
• Capacité totale des sièges: 3 750 clients

Capital financier

Métriques de performance financière:

Métrique financière	Valeur 2024
Revenus totaux	131,5 millions de dollars
Revenu net	4,2 millions de dollars
Capitaux propres des actionnaires	52,6 millions de dollars

Ark Restaurants Corp. (ARKR) - Modèle d'entreprise: propositions de valeur

Expériences culinaires uniques dans des endroits emblématiques

Depuis le quatrième trimestre 2023, les restaurants ARK exploitent 20 restaurants dans 6 États, avec 12 emplacements en destinations emblématiques à fort trafic et emblématiques.

Type d'emplacement	Nombre de restaurants	Revenu annuel moyen par emplacement
Lieux emblématiques	12	3,2 millions de dollars
Emplacements standard	8	1,5 million de dollars

Offres de cuisine diverses de haute qualité

La société maintient un portefeuille de restaurants diversifié avec plusieurs types de cuisine.

• Restaurants de fruits de mer: 6 emplacements
• Concepts de steakhouse: 4 emplacements
• American Casual Dining: 5 emplacements
• Cuisine internationale: 5 emplacements

Événements polyvalents et services de restauration

Les services d'événements et de restauration ont généré 12,4 millions de dollars de revenus en 2023, ce qui représente 22% du total des revenus de l'entreprise.

Type d'événement	Revenus annuels	Pourcentage de revenus de restauration
Événements d'entreprise	5,6 millions de dollars	45%
Catering de mariage	3,8 millions de dollars	31%
Parties privées	3 millions de dollars	24%

Service client cohérent et hospitalité

Le taux de rétention de la clientèle en 2023 était de 68%, avec un score moyen de satisfaction du client de 4,3 / 5.

Environnements de restauration mémorables dans les destinations privilégiées

Restaurant moyen en pieds carrés: 5200 pieds carrés, avec un investissement d'environ 1,2 million de dollars par emplacement du restaurant.

• Investissement de l'emplacement privilégié: 18,4 millions de dollars Valeur immobilière au restaurant total
• Entretien annuel des restaurants: 2,6 millions de dollars
• Budget de conception et d'ambiance: 720 000 $ par an

Ark Restaurants Corp. (ARKR) - Modèle d'entreprise: relations avec les clients

Expériences culinaires personnalisées

En 2024, Ark Restaurants exploite 20 restaurants détenus et exploités avec un trafic client annuel moyen de 450 000 personnes sur plusieurs emplacements.

Type de restaurant	Nombre d'emplacements	Trafic annuel moyen des clients
Salle à manger décontractée	12	275,000
Gastronomie	5	100,000
Service rapide	3	75,000

Programme de fidélité et incitations aux clients répétés

Le programme de fidélité de l'entreprise comprend:

• 5% de cashback sur les dépenses de restauration totales
• Accumulation de points de récompense trimestriels
• Événements de restauration exclusifs des membres

Engagement actif des médias sociaux

Mesures sur les réseaux sociaux à partir de 2024:

Plate-forme	Abonnés	Taux d'engagement
Instagram	45,000	3.2%
Facebook	38,000	2.7%
Gazouillement	22,000	1.9%

Canaux de communication clients directs

Les canaux de communication comprennent:

• Base de données de marketing par e-mail de 75 000 abonnés
• Newsletter mensuel avec un taux d'ouverture de 35%
• Application mobile avec 25 000 utilisateurs actifs

Approche de service client réactif

Métriques de performance du service client:

Métrique	Performance
Temps de réponse moyen	2,5 heures
Taux de satisfaction client	87%
Taux de résolution des plaintes	94%

Ark Restaurants Corp. (ARKR) - Modèle d'entreprise: Channeaux

Emplacements de restaurants physiques

En 2024, Ark Restaurants Corp. exploite 20 restaurants sur plusieurs emplacements, notamment:

Type d'emplacement	Nombre de restaurants	Marchés primaires
Restaurants de casino	7	Nevada, New Jersey
Restaurants urbains autonomes	13	New York, Washington D.C.

Plateformes de réservation en ligne

Les restaurants Ark utilisent plusieurs canaux de réservation numérique:

• Intégration ouverte
• Système de réservation de site Web direct
• Resy Platform

Statistiques de réservation en ligne: 62% des réservations de restaurants effectuées via des plateformes numériques en 2023

Marketing des médias sociaux

Plate-forme	Abonnés	Taux d'engagement
Instagram	45,000	3.7%
Facebook	32,000	2.5%

Site Web de l'entreprise

URL du site Web: www.arkrestaurants.com

• Visiteurs mensuels du site Web: 85 000
• Disponibilité du menu en ligne
• Capacités de réservation directes

Services de livraison de nourriture tiers

Plate-forme de livraison	Pourcentage des ventes totales	Taux de commission
Doordash	45%	30%
Uber mange	35%	25%
Grubhub	20%	28%

Ark Restaurants Corp. (ARKR) - Modèle d'entreprise: segments de clients

Touristes et voyageurs

Ark Restaurants Corp. cible les touristes et les voyageurs à travers des restaurants stratégiquement situés dans des zones très trafiques:

Type d'emplacement	Nombre de sites	Trafic touristique annuel moyen
Aéroports	4	1,2 million de passagers
Destinations touristiques	6	850 000 visiteurs

Espons-manger locaux

Répartition des segments du marché local:

• Primaire démographique: 25-45 tranche d'âge
• Revenu annuel moyen des ménages: 85 000 $
• Fréquence du restaurant: 2-3 fois par semaine

Planificateurs d'événements d'entreprise

Catégorie d'événements	Événements annuels	Revenu moyen par événement
Réunions d'affaires	215	$3,750
Dîners d'entreprise	142	$6,500

Clients de restauration haut de gamme

Caractéristiques du segment:

• Taille du chèque moyen: 125 $ par personne
• Revenu annuel des ménages: 150 000 $ +
• Préférence pour les expériences de restauration premium

Segments de marché de restauration décontractés

Segment	Pourcentage de clientèle	Dépenses moyennes
Jeunes professionnels	35%	45 $ par visite
Familles	40%	65 $ par visite
Seniors	25%	35 $ ​​par visite

Ark Restaurants Corp. (ARKR) - Modèle d'entreprise: Structure des coûts

Alimentation et approvisionnement en ingrédient

Depuis l'exercice 2023, Ark Restaurants Corp. a déclaré un pourcentage de coût alimentaire de 31,2% du total des revenus des restaurants. Les dépenses annuelles sur l'approvisionnement alimentaire ont totalisé 42,3 millions de dollars.

Catégorie de coûts	Dépenses annuelles	Pourcentage de revenus
Ingrédients protéiques	15,7 millions de dollars	11.4%
Produire	8,9 millions de dollars	6.5%
Produits laitiers	6,2 millions de dollars	4.5%

Salaire et formation du personnel

Les dépenses totales de main-d'œuvre pour 2023 étaient de 67,5 millions de dollars, ce qui représente 49,2% du total des revenus des restaurants.

• Salaire horaire moyen: 18,75 $
• Coûts de formation annuels: 1,2 million de dollars
• Avantages sociaux: 5,6 millions de dollars

Entretien et loyer des installations

Les dépenses liées aux installations pour 2023 ont totalisé 22,4 millions de dollars.

Catégorie de dépenses	Coût annuel
Louer	14,6 millions de dollars
Services publics	3,8 millions de dollars
Entretien	4,0 millions de dollars

Dépenses marketing et promotionnelles

Le budget marketing de 2023 était de 3,7 millions de dollars, ce qui représente 2,7% du total des revenus.

• Marketing numérique: 1,5 million de dollars
• Publicité traditionnelle: 1,2 million de dollars
• Événements promotionnels: 1,0 million de dollars

Investissements technologiques et infrastructures

Les dépenses liées à la technologie en 2023 s'élevaient à 4,5 millions de dollars.

Investissement technologique	Dépenses annuelles
Systèmes de point de vente	1,2 million de dollars
Plateformes de commande numérique	1,5 million de dollars
Infrastructure informatique	1,8 million de dollars

Ark Restaurants Corp. (ARKR) - Modèle d'entreprise: Strots de revenus

Ventes de restauration

Depuis l'exercice 2023, Ark Restaurants Corp. a déclaré des ventes totales de restaurants de 128,3 millions de dollars.

Catégorie de revenus	Montant ($)
Revenus de restauration totaux pour les restaurants	128,300,000
Revenus moyens des restaurants par emplacement	3,700,000

Services de restauration et d'événements

Les revenus de restauration pour Ark Restaurants Corp. en 2023 étaient de 15,6 millions de dollars.

Segment de la restauration	Revenus ($)
Événements d'entreprise	7,800,000
Événements de mariage et privés	7,800,000

Ventes de boissons et d'alcool

Les ventes de boissons et d'alcool ont contribué à 22,4 millions de dollars aux revenus de la société en 2023.

Catégorie de boissons	Revenus ($)
Boissons alcoolisées	14,600,000
Boissons non alcoolisées	7,800,000

Réservations d'événements privés

Les réservations d'événements privés ont généré 9,2 millions de dollars de revenus pour 2023.

• Revenus d'événements privés moyens par réservation: 4 600 $
• Nombre d'événements privés organisés: 2 000

Opportunités de franchise et de licence

Les revenus de franchise et de licence ont atteint 3,5 millions de dollars en 2023.

Catégorie de licence	Revenus ($)
Frais de franchise du restaurant	2,100,000
Licence de marque	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.