Ark Restaurants Corp. (ARKR): Modelo de negócios Canvas [Jan-2025 Atualizado]

Mergulhe no mundo culinário da Ark Restaurants Corp. (ARKR), uma potência dinâmica de hospitalidade que transforma o jantar em uma experiência extraordinária. De locais icônicos à cozinha inovadora, esta empresa criou magistralmente um modelo de negócios que vai além do mero serviço de alimentação, criando momentos memoráveis ​​para viajantes, entusiastas locais e clientes corporativos. Sua abordagem estratégica combina ambientes de jantar exclusivos, serviços de catering versáteis e um compromisso com experiências excepcionais do cliente que os diferencia na indústria competitiva de restaurantes.

Ark Restaurants Corp. (ARKR) - Modelo de negócios: Parcerias -chave

Proprietários de imóveis e gerentes de propriedades de restaurantes

A partir de 2024, a Ark Restaurants Corp. mantém parcerias com várias entidades imobiliárias em locais importantes:

Tipo de localização	Número de parcerias	Custo anual de arrendamento
Locais de cassino	5	US $ 3,2 milhões
Centros urbanos	7	US $ 4,5 milhões
Destinos turísticos	3	US $ 1,8 milhão

Fornecedores de alimentos e bebidas

A Ark Restaurants Corp. colabora com vários fornecedores de alimentos e bebidas:

• Sysco Corporation - Distribuidor de alimentos primários
• US Foods - Fornecedor de alimentos secundários
• Fornecedores de bebidas incluem Coca-Cola e Anheuser-Busch

Categoria de fornecedores	Valor anual de compras	Duração do contrato
Distribuidores de alimentos	US $ 12,6 milhões	Acordos de 3 anos
Fornecedores de bebidas	US $ 3,4 milhões	Acordos de 2 anos

Parceiros do local de entretenimento

Parcerias estratégicas com locais de entretenimento incluem:

• Hard Rock Hotel & Cassino
• MGM Resorts International
• Entretenimento de Caesars

Redes da indústria de turismo e hospitalidade

Redes de colaboração no setor de turismo:

Tipo de rede	Número de parcerias	Receita colaborativa anual
Conselhos de turismo regionais	6	US $ 2,1 milhões
Redes de referência de hotéis	4	US $ 1,7 milhão

Empresas de gerenciamento de eventos locais

Detalhes da parceria do evento:

Tipo de evento	Número de parcerias	Receita anual de eventos
Eventos corporativos	12	US $ 3,9 milhões
Locais de casamento	8	US $ 2,6 milhões

Ark Restaurants Corp. (ARKR) - Modelo de negócios: Atividades -chave

Operações e gerenciamento de restaurantes

A partir de 2024, a Ark Restaurants Corp. opera 20 restaurantes em vários locais, com um total de 1.247 assentos. A empresa gerencia diversos conceitos de restaurantes, incluindo:

• Estabelecimentos de jantar casuais de marca
• Locais de barra esportiva e churrasqueira
• Restaurantes requintados

Categoria de restaurante	Número de locais	Capacidade total de assentos
Refeições casuais	12	764 assentos
Bares esportivos	5	312 assentos
Refeições requintadas	3	171 assentos

Preparação de alimentos e inovação culinária

A empresa aloca US $ 2,3 milhões anualmente para pesquisa culinária e desenvolvimento de menus. As principais áreas de foco incluem:

• Atualizações sazonais do menu
• Ingredientes Innovações de fornecimento de ingredientes
• Programas de treinamento de chefs especializados

Local e serviços de catering de eventos

Ark Restaurants Corp. gera US $ 14,5 milhões em receita anual de catering. Os segmentos de catering incluem:

Tipo de catering	Receita anual	Quota de mercado
Eventos corporativos	US $ 6,2 milhões	42.8%
Catering de casamento	US $ 4,3 milhões	29.7%
Catering de festa particular	US $ 4 milhões	27.5%

Desenvolvimento de marketing e experiência do cliente

Alocação de orçamento de marketing para 2024: US $ 1,8 milhão, com foco estratégico em:

• Campanhas de marketing digital
• Programas de fidelidade do cliente
• Engajamento da mídia social

Seleção e expansão de localização estratégica

A estratégia de expansão envolve US $ 3,5 milhões de investimentos em desenvolvimento de novos locais. Distribuição geográfica atual:

Região	Número de restaurantes	Novos locais planejados
Nordeste	12	3
Meio do atlântico	5	2
Sudeste	3	1

Ark Restaurants Corp. (ARKR) - Modelo de negócios: Recursos -chave

Portfólio de restaurantes diversos

A partir de 2024, a Ark Restaurants Corp. opera 20 restaurantes em vários locais, incluindo:

Tipo de localização	Número de restaurantes
Cassinos	6
Estádios	4
Centros urbanos	10

Equipe de gerenciamento experiente

Composição de liderança -chave:

• Michael Weinstein - Presidente e CEO (mais de 30 anos na indústria de restaurantes)
• Equipe executiva total com média de 22 anos de experiência em hospitalidade
• 5 profissionais de administração seniores com funções especializadas

Infraestrutura de marca

Capital financeiro e ativos físicos:

Categoria de ativos	Valor
Propriedade e equipamento total	US $ 42,3 milhões
Gastos anuais de capital	US $ 3,2 milhões
Caixa e equivalentes de dinheiro	US $ 6,7 milhões

Infraestrutura de restaurantes proprietários

• 20 locais de restaurantes
• Serviços de catering em 12 áreas metropolitanas
• Capacidade total de assentos: 3.750 clientes

Capital financeiro

Métricas de desempenho financeiro:

Métrica financeira	2024 Valor
Receita total	US $ 131,5 milhões
Resultado líquido	US $ 4,2 milhões
Equidade dos acionistas	US $ 52,6 milhões

Ark Restaurants Corp. (ARKR) - Modelo de negócios: proposições de valor

Experiências gastronômicas únicas em locais icônicos

A partir do quarto trimestre de 2023, a Ark Restaurants opera 20 restaurantes em 6 estados, com 12 locais em destinos icônicos de alto tráfego.

Tipo de localização	Número de restaurantes	Receita média anual por local
Locais icônicos	12	US $ 3,2 milhões
Locais padrão	8	US $ 1,5 milhão

Ofertas de cozinha diversas e de alta qualidade

A empresa mantém um portfólio diversificado de restaurantes com vários tipos de culinária.

• Restaurantes de frutos do mar: 6 locais
• Conceitos de Steakhouse: 4 locais
• American Casual Dining: 5 locais
• Cozinha internacional: 5 locais

Eventos versáteis e serviços de catering

Os serviços de eventos e catering geraram US $ 12,4 milhões em receita em 2023, representando 22% da receita total da empresa.

Tipo de evento	Receita anual	Porcentagem de receita de catering
Eventos corporativos	US $ 5,6 milhões	45%
Catering de casamento	US $ 3,8 milhões	31%
Festas particulares	US $ 3 milhões	24%

Atendimento ao cliente consistente e hospitalidade

A taxa de retenção de clientes em 2023 foi de 68%, com uma pontuação média de satisfação do cliente de 4,3/5.

Ambientes de jantar memoráveis ​​em destinos primos

Mágua quadrada média de restaurante: 5.200 pés quadrados, com um investimento de aproximadamente US $ 1,2 milhão por localização do restaurante.

• Investimento de localização privilegiada: US $ 18,4 milhões no valor imobiliário total de restaurantes
• Manutenção anual de restaurantes: US $ 2,6 milhões
• Orçamento de design e ambiente: US $ 720.000 anualmente

Ark Restaurants Corp. (ARKR) - Modelo de Negócios: Relacionamentos do Cliente

Experiências de jantar personalizadas

A partir de 2024, a Ark Restaurants opera 20 restaurantes de propriedade e operação com um tráfego médio anual de 450.000 convidados em vários locais.

Tipo de restaurante	Número de locais	Tráfego médio anual do cliente
Refeições casuais	12	275,000
Refeições requintadas	5	100,000
Serviço rápido	3	75,000

Programa de fidelidade e incentivos recorrentes ao cliente

O programa de fidelidade da empresa inclui:

• 5% de reembolso nos gastos gastronômicos
• Acumulação de pontos trimestrais de recompensas
• Eventos de jantar exclusivos para membros somente

Engajamento ativo da mídia social

Métricas de mídia social em 2024:

Plataforma	Seguidores	Taxa de engajamento
Instagram	45,000	3.2%
Facebook	38,000	2.7%
Twitter	22,000	1.9%

Canais diretos de comunicação do cliente

Os canais de comunicação incluem:

• Banco de dados de marketing por email de 75.000 assinantes
• Newsletter mensal com 35% de taxa de abertura
• Aplicativo móvel com 25.000 usuários ativos

Abordagem de atendimento ao cliente responsivo

Métricas de desempenho do atendimento ao cliente:

Métrica	Desempenho
Tempo médio de resposta	2,5 horas
Taxa de satisfação do cliente	87%
Taxa de resolução de reclamação	94%

Ark Restaurants Corp. (ARKR) - Modelo de Negócios: Canais

Locais de restaurantes físicos

A partir de 2024, a Ark Restaurants Corp. opera 20 restaurantes em vários locais, incluindo:

Tipo de localização	Número de restaurantes	Mercados primários
Restaurantes de cassino	7	Nevada, Nova Jersey
Restaurantes independentes urbanos	13	Nova York, Washington D.C.

Plataformas de reserva on -line

Os restaurantes da ARK utilizam vários canais de reserva digital:

• Integração OpenTable
• Sistema de reserva de site direto
• Plataforma resy

Estatísticas de reserva on -line: 62% das reservas de restaurantes feitas através de plataformas digitais em 2023

Marketing de mídia social

Plataforma	Seguidores	Taxa de engajamento
Instagram	45,000	3.7%
Facebook	32,000	2.5%

Site corporativo

URL do site: www.arkrestaurants.com

• Visitantes mensais do site: 85.000
• Disponibilidade de menu online
• Capacidades de reserva direta

Serviços de entrega de alimentos de terceiros

Plataforma de entrega	Porcentagem de vendas totais	Taxa de comissão
Doordash	45%	30%
Uber come	35%	25%
GRUBHUB	20%	28%

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

Turistas e viajantes

A Ark Restaurants Corp. tem como alvo turistas e viajantes através de restaurantes estrategicamente localizados em áreas de alto tráfego:

Tipo de localização	Número de locais	Tráfego turístico médio anual
Aeroportos	4	1,2 milhão de passageiros
Destinos turísticos	6	850.000 visitantes

Entusiastas de refeições locais

Redução do segmento de mercado local:

• Demografia Primária: 25-45 Faixa etária
• Renda familiar média anual: US $ 85.000
• Frequência de jantar fora: 2-3 vezes por semana

Planejadores de eventos corporativos

Categoria de evento	Eventos anuais	Receita média por evento
Reuniões de negócios	215	$3,750
Jantares corporativos	142	$6,500

Clientes de refeições de ponta

Características do segmento:

• Tamanho médio da verificação: US $ 125 por pessoa
• Renda familiar anual: US $ 150.000+
• Preferência por experiências de jantar premium

Segmentos de mercado de refeições casuais

Segmento	Porcentagem de base de clientes	Gasto médio
Jovens profissionais	35%	US $ 45 por visita
Famílias	40%	US $ 65 por visita
Idosos	25%	US $ 35 por visita

Ark Restaurants Corp. (ARKR) - Modelo de negócios: estrutura de custos

Compras de comida e ingrediente

A partir do ano fiscal de 2023, a Ark Restaurants Corp. relatou porcentagem de custos de alimentos de 31,2% da receita total de restaurantes. As despesas anuais de aquisição de alimentos totalizaram US $ 42,3 milhões.

Categoria de custo	Despesa anual	Porcentagem de receita
Ingredientes da proteína	US $ 15,7 milhões	11.4%
Produzir	US $ 8,9 milhões	6.5%
Produtos lácteos	US $ 6,2 milhões	4.5%

Salários e treinamento da equipe

As despesas totais de mão -de -obra em 2023 foram de US $ 67,5 milhões, representando 49,2% da receita total de restaurantes.

• Salário médio por hora: US $ 18,75
• Custos anuais de treinamento: US $ 1,2 milhão
• Benefícios dos funcionários: US $ 5,6 milhões

Manutenção da instalação e aluguel

As despesas relacionadas à instalação em 2023 totalizaram US $ 22,4 milhões.

Categoria de despesa	Custo anual
Aluguel	US $ 14,6 milhões
Utilitários	US $ 3,8 milhões
Manutenção	US $ 4,0 milhões

Despesas de marketing e promocionais

O orçamento de marketing para 2023 foi de US $ 3,7 milhões, representando 2,7% da receita total.

• Marketing Digital: US $ 1,5 milhão
• Publicidade tradicional: US $ 1,2 milhão
• Eventos promocionais: US $ 1,0 milhão

Investimentos de tecnologia e infraestrutura

As despesas relacionadas à tecnologia em 2023 totalizaram US $ 4,5 milhões.

Investimento em tecnologia	Despesa anual
Sistemas de ponto de venda	US $ 1,2 milhão
Plataformas de pedidos digitais	US $ 1,5 milhão
Infraestrutura de TI	US $ 1,8 milhão

Ark Restaurants Corp. (ARKR) - Modelo de negócios: fluxos de receita

Vendas de restaurantes para restaurantes

No ano fiscal de 2023, a Ark Restaurants Corp. reportou vendas totais de restaurantes de US $ 128,3 milhões.

Categoria de receita	Valor ($)
Receita gastronômica total de restaurante	128,300,000
Receita média de restaurante por local	3,700,000

Serviços de catering e eventos

A receita de catering para a Ark Restaurants Corp. em 2023 foi de US $ 15,6 milhões.

Segmento de catering	Receita ($)
Eventos corporativos	7,800,000
Casamento e eventos privados	7,800,000

Vendas de bebidas e álcool

As vendas de bebidas e álcool contribuíram com US $ 22,4 milhões para a receita da empresa em 2023.

Categoria de bebida	Receita ($)
Bebidas alcoólicas	14,600,000
Bebidas não alcoólicas	7,800,000

Reservas de eventos particulares

As reservas de eventos particulares geraram US $ 9,2 milhões em receita para 2023.

• Receita média de eventos privados por reserva: US $ 4.600
• Número de eventos privados hospedados: 2.000

Oportunidades de franquia e licenciamento

A receita de franquia e licenciamento atingiu US $ 3,5 milhões em 2023.

Categoria de licenciamento	Receita ($)
Taxas de franquia de restaurantes	2,100,000
Licenciamento da 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.