What is Ark Restaurants Company Operated Sales (USD Mil)?
Company Operated Sales (USD Mil) is the total sales from the restaurants operated by the company instead of by franchisees.
In the restaurant business, when a company decides to open a new store, it can either sell franchises or expand on its own. When the company decides to franchise, it sells its proven business system and brand to an investor. For example, an already successful restaurant can transfer the business model and brand to investors in other towns. If the main business decides to expand on its own, it buys the equipment and real estate necessary for expansion. With franchises, individual business owners control quality in an independent location.
Ark Restaurants's Company Operated Sales (USD Mil) for the quarter that ended in Dec. 2023 was 46.63
Ark Restaurants's Company Operated Sales (USD Mil) for the annual that ended in Sep. 2023 was 184.79
, which higher from pervious year (Sep. 2022)'s result by 0.61%.
The historical rank and industry rank for Ark Restaurants's Company Operated Sales (USD Mil) or its related term are showing as below:
ARKR's Company Operated Sales (USD Mil) is not ranked *
in the Restaurants industry.
Industry Median: * Ranked among companies with meaningful Company Operated Sales (USD Mil) only.
Ark Restaurants Company Operated Sales (USD Mil) Historical Data
The historical data trend for Ark Restaurants's Company Operated Sales (USD Mil) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Ark Restaurants Company Operated Sales (USD Mil) Chart
Competitive Comparison of Ark Restaurants's Company Operated Sales (USD Mil)
For the Restaurants subindustry, Ark Restaurants's Company Operated Sales (USD Mil), along with its competitors' market caps and Company Operated Sales (USD Mil) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ark Restaurants (NAS:ARKR) Company Operated Sales (USD Mil) Explanation
Company Operated Sales (USD Mil) is the total sales from the restaurants operated by the company instead of by franchisees.
In the restaurant business, when a company decides to open a new store, it can either sell franchises or expand on its own. When the company decides to franchise, it sells its proven business system and brand to an investor. For example, an already successful restaurant can transfer the business model and brand to investors in other towns. If the main business decides to expand on its own, it buys the equipment and real estate necessary for expansion. With franchises, individual business owners control quality in an independent location.
One of the key differences between franchise and chain stores is the amount of risk involved. When a company chooses to expand with chain stores, it assumes all of the risks on its own. It funds the entire expansion project. By comparison, when a company franchises, it passes some of the risks onto other investors. Franchising represents less risk for the parent company, but it shifts the risk to the franchisee.
Ark Restaurants Company Operated Sales (USD Mil) Related Terms
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Ark Restaurants (Ark Restaurants) Business Description
Ark Restaurants Corp owns and operates around 17 restaurants and bars, 16 fast food concepts, and catering operations in the USA. The Las Vegas operations include New York Hotel & Casino Resort, hotel room service operations, banquet facilities, employee dining room, food court concepts, and a restaurant within the Planet Hollywood Resort and Casino. It operates a restaurant and a bar in the Resorts Atlantic City Hotel and Casino and a restaurant in the Tropicana Hotel and Casino. The Florida operations include The Rustic Inn in Dania Beach, Shuckers in Jensen Beach, JB's on the Beach in Deerfield Beach, The Blue Moon Fish Company in Fort Lauderdale, and fast food facilities in Tampa and Hollywood. In Alabama, it operates Original Oyster Houses in Gulf Shores and Spanish Fort.
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