Ark Restaurants Corp.
NASDAQ Global MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- CEO
- Michael Weinstein
- Full Time Employees
- 1,566
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- Address
- 85 5th Avenue New York City NY United States of America 10003
- IPO Date
- Dec 13, 1985
- CIK
- 0000779544
- Website
- arkrestaurants.com
- Similar Companies
- Business
- Ark Restaurants Corp. (ARKR), founded in 1983 and headquartered at 85 Fifth Avenue, 14th Floor, New York, New York, owns and operates restaurants, bars, fast food concepts, and catering operations primarily in the United States. The company manages approximately 16 to 17 restaurants and bars; 12 to 16 fast food concepts including food courts at venues such as New York-New York Hotel and Casino Resort, Planet Hollywood Resort and Casino, Hard Rock Hotel and Casinos in Tampa and Hollywood, Florida, and MGM Grand; and catering services for corporate events, celebrations, weddings, tour and travel groups, and banquets, with offerings like room service, employee dining, and e-gift certificates valid across all locations. Its restaurant portfolio features distinctive venues such as Bryant Park Grill and Robert in New York City; Sequoia in Washington, D.C.; America, Broadway Burger Bar & Grill, Gonzalez y Gonzalez, Yolos Mexican Grill, and Gallagher’s Steakhouse in Las Vegas; Broadway Burger Bar in Atlantic City at Tropicana Hotel and Casino; JB’s on the Beach, Rustic Inn, Shuckers, and Blue Moon Fish Company in Florida; Original Oyster Houses in Gulf Shores and Spanish Fort, Alabama; and operations at Meadowlands Racetrack including Victory Sports Bar and The Lounge. Ark Restaurants serves diverse customer segments including tourists, locals, high-volume groups, and event clients in prime tourist, waterfront, and casino destinations across New York City; Washington, D.C.; Las Vegas, Nevada; Atlantic City, New Jersey; east coast Florida; gulf coast Alabama; and New Jersey. Recent developments include Chairman and CEO Michael Lawrence Weinstein's purchases of 3,000 shares at $7.50 on August 18, 2025, and 545 shares at $7.30 on August 14, 2025, increasing his substantial ownership stake amid Q3 2025 earnings challenges with a reported loss; the company maintains focus on liquidity with $12.3 million in cash as of June 2025 and continues operations in event-driven venue management from prior expansions like Meadowlands Racetrack.
Company News
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