| Business Summary | | Ark
Restaurants
Corp.
is
a
holding
company
that,
through
subsidiaries,
owns
and
operates
24
restaurants
and
manages
four
restaurants
owned
by
others.
Twelve
of
the
restaurants
owned
or
managed
by
the
Company
are
located
in
New
York
City,
four
are
located
in
Washington,
D.C.,
seven
are
located
in
Las
Vegas,
Nevada,
three
are
located
in
Boston,
Massachusetts,
and
one
is
located
in
each
of
McLean,
Virginia
and
Islamorada,
Florida.
At
the
New
York-New
York
Hotel
&
Casino,
the
Company
also
operates
the
room
service,
banquet
facilities
and
employee
dining
room
and
a
complex
of
nine
smaller
eateries.
The
Company
also
owns
and
operates
four
food
court
facilities
at
the
Venetian
Casino
Resort
and
six
food
court
facilities
at
the
Aladdin
Resort
and
Casino,
both
of
which
are
located
in
Las
Vegas.
The
Company's
other
operations
include
a
bar
at
the
Venetian
Casino
Resort
and
catering
businesses
in
New
York
City
and
Washington,
D.C.,
as
well
as
wholesale
and
retail
bakeries
in
New
York
City. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ARKR
is
a
holding
Co.,
which
through
subsidiaries,
owns
and
operates
24
restaurants
and
manages
four
restaurants
owned
by
others.
The
Co.
operates
the
room
service
and
a
complex
of
nine
smaller
eateries
at
the
NY-NY
Hotel
and
Casino.
For
the
39
weeks
ended
6/30/01,
revenues
increased
11%
to
$96
million.
Net
income
before
acct.
change
totalled
$1.2
million
vs.
a
loss
of
$2.9
million.
Results
reflect
sales
from
additional
restaurants,
along
with
decreased
joint
venture
losses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Ernest Bogen, 69 Chairman | -- | -- | Michael Weinstein, 57 Pres | $503K | $13.0K | Paul Gordon, 49 VP | 258K | 7.5K | Robert Towers, 53 VP,
Treasurer | 253K | 13.0K | Andrew Kuruc, 43 VP,
Controller | 198K | -- | Dollar amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|