ARKR

Ark Restaurants Corp. operates a diverse portfolio of restaurants and bars in prominent entertainment and tourism destinations across the United States. Founded in 1983 and headquartered in New York City, the company manages approximately 20 establishments including seafood restaurants, steakhouses, fast-casual concepts, and bars located in casinos, hotels, convention centers, sports arenas, and tourist attractions. Notable properties include Sequoia in Washington D.C., Bryant Park Grill and Cafe in New York City, and multiple locations at Foxwoods Resort Casino in Connecticut and casinos in Las Vegas and Colorado. The company operates through three segments: restaurants, bars/taverns, and catering operations, generating revenue primarily from food and beverage sales plus venue rental fees. Ark Restaurants employs approximately 1,200 people and reported annual revenues of around $150 million. The company's business model emphasizes securing strategic locations with high foot traffic in entertainment venues, tourist destinations, and cultural landmarks where captive audiences provide consistent customer flow. Recent initiatives include modernizing existing properties, enhancing digital ordering capabilities, and exploring opportunities in emerging gaming markets.