SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                    FORM 10-Q


              (Mark one)

             / X / QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                For the quarterly period ended December 30, 1995


              / / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D)
                                     -----
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                 For the transition period from ______ to ______

                         Commission file number 0-14030


                           ARK RESTAURANTS CORP.
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)

                                                                                  
             New York                                                                    13-3156768
  ------------------------------                                                      -------------------
  (State or other jurisdiction of                                                     (I.R.S. Employer
   incorporation or organization)                                                     Identification No.)


  85 Fifth Avenue, New York, New York                                                      10003
- ---------------------------------------                                                 ----------
(Address of principal executive offices)                                                (Zip Code)

Registrant's telephone number, including
area code                                                                             (212) 206-8800
                                                                                      --------------



Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for shorter  period that the registrant was required
to file such reports),  and (2) has been subject to such filing requirements for
the past 90 days.


                                                       Yes   X    No _____
                                                          ------

Indicate the number of shares  outstanding  of each of the  issuer's  classes of
common stock, as of the latest practicable date.

           Class                      Outstanding shares at February 9, 1996
- ------------------------------        --------------------------------------
(Common stock, $.01 par value)                 3,261,812





ARK RESTAURANTS CORP. AND SUBSIDIARIES

INDEX



PART I - FINANCIAL INFORMATION:                                                                                    PAGE

                                                                                                               
  Item 1.  Consolidated Financial Statements:

    Consolidated Condensed Balance Sheets - December 30, 1995
     (Unaudited) and September 30, 1995 (Unaudited)                                                                   1

    Consolidated Condensed Statements of Operations and
     Retained Earnings - 13-Week Periods Ended December 30, 1995
     (Unaudited) and December 31, 1994 (Unaudited)                                                                    2

    Consolidated Condensed Statements of Cash Flows - 13-Week Periods
     Ended December 30, 1995 (Unaudited) and December 31, 1994
     (Unaudited)                                                                                                      3

    Notes to Consolidated Condensed Financial
     Statements (Unaudited)                                                                                           4

  Item 2.  Management's Discussion and Analysis of Financial
          Condition and Results of Operations                                                                       5-7



PART II - OTHER INFORMATION:

  Item 6. Exhibits and Reports on Form 8-K                                                                         8-12






PART I - FINANCIAL INFORMATION
ITEM 1. FINANCIAL STATEMENTS

ARK RESTAURANTS CORP. AND SUBSIDIARIES
CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited)
(Dollars in Thousands)



                                                                                   December 30,              September 30,
                                                                                       1995                      1995
                                                                                     --------                  --------
ASSETS
                                                                                                                 
CURRENT ASSETS:
  Cash and cash equivalents                                                             $    79                    $ 1,271
  Accounts receivable                                                                     1,127                      1,274
  Current portion of long-term receivables                                                  174                        163
  Inventories                                                                               938                        888
  Prepaid expenses                                                                        1,105                        957
  Refundable and Prepaid Income Taxes                                                       237                          -
  Other current assets                                                                      428                        535
  Deferred income taxes                                                                     396                        396
                                                                                        -------                    -------

        Total current assets                                                              4,484                      5,484

LONG-TERM RECEIVABLES                                                                     1,382                      1,415

FIXED ASSETS - At Cost:
  Leasehold improvements                                                                 14,772                     14,421
  Furniture, fixtures and equipment                                                      12,724                     12,369
  Leasehold improvements in progress                                                        196                        134
                                                                                        -------                    -------
                                                                                         27,692                     26,924
  Less accumulated depreciation and
   amortization                                                                          11,140                     10,549
                                                                                        -------                    -------

                                                                                         16,552                     16,395
INTANGIBLE ASSETS - Less accumulated
  amortization of $2,608 and $2,488                                                       4,216                      4,336
OTHER ASSETS                                                                                495                        455
DEFERRED INCOME TAXES                                                                       477                        477
                                                                                        -------                    -------

TOTAL ASSETS                                                                            $27,606                    $28,542
                                                                                        =======                    =======

LIABILITIES AND SHAREHOLDERS' EQUITY

CURRENT LIABILITIES:
  Accounts payable - trade                                                              $ 1,821                    $ 2,036
  Accrued expenses and other current
   liabilities                                                                            2,468                      2,850
  Current maturities of long-term debt                                                       61                         89
  Current maturities of capital lease obligations                                           209                        204
  Accrued income taxes                                                                        -                        265
                                                                                        -------                    -------
        Total current liabilities                                                         4,559                      5,444

LONG-TERM DEBT - net of current maturities                                                3,904                      3,925
OBLIGATIONS UNDER CAPITAL LEASES - net of current
 maturities                                                                                 870                        930
OPERATING LEASE DEFERRED CREDIT                                                           1,537                      1,537

SHAREHOLDERS' EQUITY:
  Common stock, par value $.01 per share -
   authorized, 10,000,000 shares;
   issused, 4,461,832 shares                                                                 45                         45
  Additional paid-in capital                                                              7,482                      7,482
  Retained earnings                                                                      10,452                     10,427
                                                                                        -------                    -------
                                                                                         17,979                     17,954
  Less treasury stock, 1,345,337 shares                                                   1,248                      1,248
                                                                                        -------                    -------

        Total shareholders' equity                                                       16,731                     16,706
                                                                                        -------                    -------

TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY                                              $27,606                    $28,542
                                                                                        =======                    =======



See notes to consolidated condensed
  financial statements


                                        1






ARK RESTAURANTS CORP. AND SUBSIDIARIES
CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS AND RETAINED EARNINGS (Unaudited)
(In Thousands, Except per share Amount)

                                                                                           13 Weeks Ended
                                                                                   --------------------------------------
                                                                                   December 30,              December 31,
                                                                                        1995                    1994
                                                                                      --------                --------

                                                                                                                 
NET SALES                                                                               $18,723                    $16,358
COST OF SALES                                                                             5,178                      4,520
                                                                                        -------                    -------
GROSS RESTAURANT PROFIT                                                                  13,545                     11,838
MANAGEMENT FEE INCOME                                                                       176                        210
                                                                                        -------                    -------

                                                                                         13,721                     12,048
                                                                                        -------                    -------
OPERATING EXPENSES
  Payroll and payroll benefits                                                            6,864                      5,870
  Occupancy                                                                               2,235                      2,009
  Depreciation and amortization                                                             662                        494
  Other                                                                                   3,041                      2,348
                                                                                        -------                    -------
                                                                                         12,802                     10,721
GENERAL AND ADMINISTRATIVE EXPENSES                                                       1,005                      1,095
                                                                                        -------                    -------
                                                                                         13,807                     11,816
                                                                                        -------                    -------

OPERATING INCOME                                                                            (86)                       232
                                                                                        -------                    -------

OTHER EXPENSE (INCOME):
  Interest expense, net                                                                      99                         31
  Other income                                                                             (230)                      (328)
                                                                                        -------                    -------

                                                                                           (131)                      (297)
                                                                                        --------                   -------

INCOME BEFORE PROVISION FOR INCOME TAXES                                                     45                        529
PROVISION FOR INCOME TAXES                                                                   20                        238
                                                                                        -------                    -------
NET INCOME                                                                                   25                        291
RETAINED EARNINGS, Beginning of period                                                   10,427                      9,306
                                                                                        -------                    -------
RETAINED EARNINGS, End of period                                                        $10,452                     $9,597
                                                                                        =======                    =======

NET INCOME PER SHARE                                                                      $.01                       $.09
                                                                                          ====                       ====

WEIGHTED AVERAGE NUMBER OF SHARES USED IN COMPUTATIONS                                    3,191                      3,233
                                                                                        =======                    =======



See notes to consolidated condensed
financial statements








                                        2



ARK RESTAURANTS CORP. AND SUBSIDIARIES
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (Unaudited)
(Dollars in Thousands)


                                                                                                       13 Weeks Ended
                                                                                             ---------------------------------
                                                                                             December 31,        December 30,
                                                                                                1995                 1994
                                                                                             ------------        ------------
                                                                                                                 
CASH FLOWS FROM OPERATING ACTIVITIES:
 Net income                                                                                   $    25              $   291
   Adjustments to reconcile net income to net
    cash provided by operating activities:
      Depreciation and amortization of fixed assets                                               591                  435
      Amortization of intangibles                                                                 120                   96
      Changes in assets and liabilities:
      Decrease (Increase) in accounts receivable                                                  147                 (652)
      Increase in inventories                                                                     (50)                 (30)
      Increase in prepaid expenses                                                               (148)                (123)
      Increase in refundable and prepaid income taxes                                            (237)                   -
      (Increase) Decrease in other assets                                                          67                  (48)
      Increase (decrease) in accounts payable - trade                                            (215)                  74
      Decrease in accrued expenses and other current
        liabilities                                                                              (382)                 (65)
      (Decrease) Increase in accrued income taxes                                                (265)                  97
      Increase in operating lease deferred credit                                                   -                   26
      Increase in deferred income taxes                                                             -                  (50)
                                                                                              -------              -------

         Net cash used in or provided by operating
          activities                                                                             (347)                  51
                                                                                              -------              -------

CASH FLOWS FROM INVESTING ACTIVITIES:
  Additions to fixed assets, net                                                                 (768)                (835)
  Additions to intangible assets                                                                    -                 (127)
  Restaurant acquisitions                                                                           -               (2,335)
  Payments received on long-term receivables                                                       22                   32
                                                                                              -------              -------

        Net cash used in investing activities                                                    (746)              (3,265)
                                                                                              -------              -------

CASH FLOWS FROM FINANCING ACTIVITIES:
 Proceeds from issuance of long-term debt                                                           -                2,000
  Principal payment on long-term debt                                                             (44)                 (18)
  Principal payment on capital lease obligations                                                  (55)                 (22)
  Exercise of stock options                                                                         -                    -
                                                                                              -------              -------

         Net cash used in or provided by financing
           activities                                                                             (99)               1,960
                                                                                              -------              -------

NET DECREASE IN CASH AND CASH EQUIVALENTS                                                      (1,192)              (1,254)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD                                                  1,271                2,913
                                                                                              -------              -------
CASH AND CASH EQUIVALENTS, END OF PERIOD                                                      $    79              $ 1,659
                                                                                              =======              =======

SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
  Cash paid during year for:
   Interest                                                                                   $   121              $    51
                                                                                              =======              =======
   Income taxes                                                                               $   528                  187
                                                                                              =======              =======


See notes to consolidated condensed financial statements.


                                        3




ARK RESTAURANTS CORP. AND SUBSIDIARIES

NOTES TO CONSOLIDATED CONDENSED FINANCIAL STATEMENTS
(Unaudited)

1.  CONSOLIDATED CONDENSED FINANCIAL STATEMENTS

The  consolidated  condensed  financial  statements  have been  prepared  by Ark
Restaurants Corp. (the "Company"),  without audit. In the opinion of management,
all adjustments (which include only normal recurring  adjustments and the change
in  accounting  principle  referred to below)  necessary  to present  fairly the
financial position at December 30, 1995 and results of operations and changes in
cash flows for the periods  ended  December  30, 1995 and December 31, 1994 have
been made.

Certain  information  and footnote  disclosures  normally  included in financial
statements prepared in accordance with generally accepted accounting  principles
have been condensed or omitted.  It is suggested that these condensed  financial
statements be read in conjunction with the consolidated financial statements and
notes thereto  included in the Company's annual report on Form 10-K for the year
ended  September  30,  1995.  The results of  operations  for the periods  ended
December 30, 1995 are not  necessarily  indicative of the operating  results for
the full year.

2.  INCOME PER SHARE OF COMMON STOCK

Per share data is based  upon the  weighted  average  number of shares of common
stock and common stock equivalents  outstanding during each period; common stock
equivalents consist of dilutive stock options. For the period ended December 30,
1995 no effect has been given to  outstanding  options  since the effect was not
material.  For the period ended  December 31, 1994 fully  diluted net income per
common  share and common share  equivalent  is not shown since the effect is not
material.

                                        4




ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF
         FINANCIAL CONDITION AND RESULTS OF OPERATIONS


NET SALES

Net sales at restaurants  and bars owned by the Company  increased  14.5% in the
13-week period ended December 30, 1995 from the comparable period ended December
31, 1994.  The increase in net sales for the 13-week period was due primarily to
sales from  restaurants  which the  Company  did not  operate in the  comparable
period last year (Bryant  Park Grill,  Ernie's and the  Columbus  Bakery).  Same
store sales  decreased by 4.8% in the 13-week period ended December 30, 1995 and
such decrease was most pronounced in the smaller restaurants.

COSTS AND EXPENSES

The  Company's  cost of  sales  consists  only of food  and  beverage  costs  at
restaurants  and bars  owned  by the  Company.  For the  13-week  periods  ended
December 30, 1995 and  December  31, 1994 cost of sales as a  percentage  of net
sales remained constant at approximately 27.7%.

Operating expenses of the Company,  consisting of restaurant payroll,  occupancy
and other expenses at restaurants and bars owned by the Company, as a percentage
of net sales for the 13-week period ended December 30, 1995,  increased to 68.4%
from 65.5% last year.  Restaurant payroll as a percentage of net sales was 36.7%
as  compared  to 35.9% last year  principally  due to the 4.8 % decrease in same
store sales.  Occupancy  expenses and  depreciation  and  amortization  remained
constant at approximately 15.4% while all other operating  expenses,  consisting
mainly of supplies,  maintenance,  credit card processing  fees, and advertising
increased to 16.2% from 14.4% last year. This change in other operating expenses
was principally due to increased  maintenance and supply expenditures at several
of the Company's smaller restaurants and expenses incurred in the opening of the
Company's second bakery (Columbus Bakery).

General and administrative expenses, as a percentage of net sales, were 5.4% for
the 13-week period ended December 30, 1995 as compared to 6.7% last year. If net
sales at managed  restaurants and bars were included in consolidated  net sales,
general and administrative expenses as a percentage of net sales would have been
4.7% as compared to 5.8% last year.

Net income of the Company for the 13-week  period ended  December 30, 1995,  was
$25,000 as compared to $291,000 last year.

During the 13-week  period  ended  December  30,  1995 the  Company  managed six
restaurants  owned by third  parties.  Net  sales of  managed  restaurants  were
$2,633,000  during the 13-week  period  ended  December  30, 1995 as compared to
$2,510,000 last year.
Net sales of these  managed  restaurants  are not included in  consolidated  net
sales.

INCOME TAXES

The provision for income taxes  reflects  Federal  income taxes  calculated on a
consolidated  basis and state and local income taxes calculated by each New York
subsidiary on a non consolidated basis. Most of the 

                                       5





restaurants  owned or managed by the  Company are owned or managed by a separate
subsidiary.

For state and local income tax purposes, the losses incurred by a subsidiary may
only be used to  offset  that  subsidiary's  income  with the  exception  of the
restaurants  which  operate  in  the  District  of  Columbia.  Accordingly,  the
Company's overall effective tax rate has varied depending on the level of losses
incurred at individual subsidiaries.

As a result of the  enactment  of the Revenue  Reconciliation  Act of 1993,  the
Company is entitled,  commencing  January 1, 1994,  to a tax credit based on the
amount of FICA  taxes  paid by the  Company  with  respect  to the tip income of
restaurant service personnel.  The Company estimates that this credit will be in
excess of $300,000 for the current fiscal year.

LIQUIDITY AND SOURCES OF CAPITAL

The Company's primary source of capital is cash provided by operations and funds
available from the $4,250,000 revolving credit agreement with its main bank. The
Company  utilizes  capital  primarily to fund the cost of developing and opening
new restaurants and acquiring existing restaurants.

At December  30, 1995 the  Company had a working  capital  deficit of $75,000 as
compared to working  capital of $41,000,  at September 30, 1995.  The restaurant
business does not require the  maintenance  of  significant  inventories  or the
financing of  receivables.  Thus the Company is able to operate with minimal and
even negative working capital.

The  Company's  existing  Revolving  Credit and Term Loan Facility with its main
bank enables the Company to borrow up to $4,250,000  until  December 31, 1996 at
which time  outstanding  loans may be  converted  into term loans  payable in 36
monthly  installments through December 31, 1999 At December 30, 1995 the Company
had $3,000,000 of debt outstanding under this agreement. In connection with this
agreement,  the Company  also has a  $1,750,000  Letter of Credit  Facility.  At
December 30, 1995 the Company had delivered $1,231,000 in irrevocable letters of
credit in lieu of lease security deposits.

The Company has signed  letters of intent with respect to  extensive  restaurant
facilities  to  be  operated  by  the  Company  in a  new  resort  casino  under
construction in Las Vegas, Nevada (See Restaurant  Expansion below). The Company
expects  that its  capital  commitments  for these  facilities  will be  between
$8,000,000  and  $9,000,000  which the  Company  intends to finance  principally
through a new  financing  facility  with its main bank and, to a lesser  extent,
through cash from operations.  The Company has a commitment letter from the bank
which would amend the Company's  existing  revolving  credit facility to provide
for an increase in the amount the Company may borrow on a revolving credit basis
to $11,000,000.  The proposed  revolving  credit facility  includes a $5,000,000
facility for working capital purposes at the Company's existing restaurants. The
proposed  credit  facility  also  includes a $6,000,000  facility for use in the
construction  of and as working capital for the Las Vegas  restaurants.  The two
working  capital  facilities  will each have two year  terms at the end of which
they will convert into two year term loans. The $5,000,000 facility will convert

                                       6




into a two year  self-amortizing term loan. The $6,000,000 facility will convert
into a two year loan  amortizing  $5,000,000  over the two year  period with the
balance of $1,000,000 paid at maturity.

The bank  commitment also  contemplates a four year $2,000,000  letter of credit
facility  (replacing  the prior  $1,750,000  facility)  for use in lieu of lease
security  deposits  and a one year  (extendible  for an  additional  six months)
$3,000,000  letter of credit  facility to be used to assure  construction of the
Las Vegas restaurants.

Although  the Company is not  currently  committed  to any other  projects,  the
Company is exploring  additional  opportunities  for  expansion of its business.
Additional expansion may require additional external financing.


RESTAURANT EXPANSION AND RENOVATION

The Company has signed letters of intent with New York, New York Hotel & Casino,
a joint venture between Primadonna Resorts,  Inc. and MGM Grand, Inc. to design,
build and  operate a group of  restaurants  in the 2,100  room Las Vegas  resort
casino  which is  scheduled  to open in  December  1996.  Under the terms of the
letters of intent,  the  Company  will build a 450-seat  America  restaurant,  a
150-seat  steakhouse and a group of small fast food  restaurants in a food court
with  a New  York  theme.  The  steakhouse  will  be  operated  under  the  name
"Gallaghers" under a license agreement from the owner of the New York restaurant
of that name.  In addition,  the company will operate the hotel's room  service,
its banquet facilities and its employee cafeteria. The transaction is subject to
the negotiation of definitive agreements.

                                       7




PART II - OTHER INFORMATION

         ITEM 6.  EXHIBITS AND REPORTS ON FORM 8-K

(a)      Exhibits

         3.1      Certificate  of  Incorporation  of the  Registrant,  filed  on
                  January 4, 1983,  incorporated  by reference to Exhibit 3.1 to
                  the  Registrant's  Annual  Report on Form 10-K for the  fiscal
                  year ended October 1, 1994 (the "1994 10-K").

         3.2      Certificate of Amendment of the  Certificate of  Incorporation
                  of the Registrant  filed on October 11, 1985,  incorporated by
                  reference to Exhibit 3.2 to the 1994 10-K.

         3.3      Certificate of Amendment to Certificate  of  Incorporation  of
                  the  Registrant  filed  on  July  21,  1988,  incorporated  by
                  reference to Exhibit 3.3 to Exhibit 3.3 to the 1994 10-K.

         3.4      By-Laws  of the  Registrant,  incorporated   by  reference  to
                  Exhibit 3.4 to the 1994 10-K.

        10.1      Amended and Restated Redemption  Agreement dated June 29, 1993
                  between the Registrant and Michael Weinstein,  incorporated by
                  reference to Exhibit 10.1 to the 1994 10-K.

        10.2      Form of  Indemnification  Agreement  entered  into between the
                  Registrant  and  each  of  Michael  Weinstein,  Ernest  Bogen,
                  Vincent Pascal,  Robert Towers,  Jay Galin,  Andrew Kuruc, and
                  Donald D. Shack,  incorporated by reference to Exhibit 10.2 to
                  the 1994 10-K.

        10.3      Ark Restaurants Corp. Amended Stock Option Plan,  incorporated
                  by reference to Exhibit 10.3 to the 1994 10-K.

        10.4      Lease Agreement dated June 9, 1982,  between Rebak Realty Co.,
                  as lessor, and MEB Emporium Corp., as lessee,  incorporated by
                  reference to Exhibit 10.4 to the 1994 10-K.

        10.5      Lease  Agreement  dated  October 27,  1982,  between  Majestic
                  Towers  Co., as lessor,  and MEB  Emporium  Corp.,  as lessee,
                  incorporated by reference to Exhibit 10.5 to the 1994 10-K.

        10.6      Lease  Agreement  dated  June 1, 1983,  between  101 West 77th
                  Street Corp., as lessor, and MEB On Columbus, Inc., as lessee,
                  as  assignee  of  DPK  Restaurants,   Inc.,   incorporated  by
                  reference to Exhibit 10.6 to the 1994 10-K.

        10.7      Lease   Agreement   dated   November  10,  1983,  between  BJW
                  Associates,   as lessor,  and  MEB Dining 18 Inc.,  as lessee,
                  incorporated by reference to Exhibit 10.7 to the 1994 10-K.

        10.8     Lease Agreement dated August 9, 1984, between G.P. Associates,
                  as lessor, and MEB On First, Inc., as lessee,  incorporated by
                  reference to Exhibit 10.8 to the 1994 10-K.

                                        8





        10.9      Agreement  of Lease dated April 26, 1985 between 2 Park Avenue
                  Avenue  Associates,  and The Ritz Cafe, Inc.,  incorporated by
                  reference to Exhibit 10.9 to the 1994 10-K.

        10.10     Assumption  Agreement  dated  June 27,  1985,  between  Future
                  Brothers,  Inc., as assignee of Alfred Steiner,  as sublessor,
                  and  Father  Brad's  Broadway  Dining,   Inc.,  as  sublessee,
                  incorporated by reference to Exhibit 10.10 to the 1994 10-K.

        10.11     Lease  Agreement  dated  August 1, 1985,  between  Livingstone
                  Management  Co., Inc., as lessor,  and Conis Realty Corp.,  as
                  lessee, incorporated by reference to Exhibit 10.11 to the 1994
                  10-K.

        10.12     Lease  Agreement  dated August 1, 1985,  between Soledad Place
                  Corp.,  as  lessor,  and La  Femme  Noire,  Inc.,  as  lessee,
                  incorporated by reference to Exhibit 10.12 to the 1994 10-K.

        10.13     Indenture  of  Lease  dated as of  January  1,  1986,  between
                  Buchbinders   Restaurant,   Inc.  and  Ark  27th  St.,   Inc.,
                  incorporated by reference to Exhibit 10.13 to the 1994 10-K.

        10.14     Agreement  of Lease  dated as of April 1, 1986   between   377
                  Third  Avenue  Co.  and  Ark 27th St., Inc.,  incorporated  by
                  reference to Exhibit 10.14 to the 1994 10-K.

        10.15     Management Agreement dated  September  10, 1986 by and between
                  Amphitryon,  Inc.  and  Standish  Group Inc.  and  Ark Seventh
                  Avenue South Corp., incorporated by reference to Exhibit 10.15
                  to the 1994 10-K.

        10.16     Agreement  dated as of November 11, 1986 among the Registrant,
                  La Femme  Noire,  Inc.  and  Barbara  Smith,  incorporated  by
                  reference to Exhibit 10.16 to the 1994 10-K.

        10.17     Management    Agreement  dated  as  of June 1987  between  Ark
                  Operating  Corp.  and Rio  Restaurant Associates, incorporated
                  by reference to Exhibit 10.17 to the 1994 10-K.

        10.18     Agreement of Lease dated June 29, 1987 between the  Registrant
                  and  Bruce  and Carol  Haley,  incorporated  by  reference  to
                  Exhibit 10.18 to the 1994 10-K.

        10.19     Lease Agreement dated as of May 2, 1988, between Union Station
                  Venture,  Ltd.,  as lessor,  and Ark Union  Station,  Inc., as
                  lessee, incorporated by reference to Exhibit 10.19 to the 1994
                  10-K.

        10.20     Agreement  dated  December 9, 1988 among 625 Broadway  Leasing
                  Corp.,  and Ark Sub-One  Corp.,  incorporated  by reference to
                  Exhibit 10.20 to the 1994 10-K.

        10.21     Lease  Agreement dated as of  January 5, 1989  by and  between
                  Union  Station  Venture,  Ltd.   and  Ark  D.C.  Kiosk,  Inc.,
                  incorporated by reference to Exhibit 10.21 to the 1994 10-K.

        10.22     Agreement  dated  February 22, 1989  by and among  Lawrence P.
                  Forgione,  Ark  Restaurants  Corp. and  Ark  Columbus   Corp.,
                  incorporated by reference to Exhibit 10.22 to the 1994 10-K.

                                        9



        10.23     Restaurant  Lease  Agreement  dated  August  22,  1989  by and
                  between  Potomac  River  Front  Limited  Partnership  and  Ark
                  Potomac  Corporation,  incorporated  by  reference  to Exhibit
                  10.23 to the 1994 10-K.

        10.24     Lease  dated  January  1, 1990  between  George  H.  Beane and
                  Encarnita V. Quinlan, as lessors,  and Columbus Cafe Corp., as
                  lessee, incorporated by reference to Exhibit 10.24 to the 1994
                  10-K.


        10.25     First Amendment to Lease dated January 1, 1990 between Potomac
                  River Front Limited  Partnership Limited ("Landlord")  and Ark
                  Potomac  Corporation  ("Tenant")  incorporated  by   reference
                  to Exhibit 10.25 to the 1994 10-K.

        10.26     Second  Amendment to Lease dated June 11, 1990 between Potomac
                  River Front Limited  Partnership  ("Landlord") and Ark Potomac
                  Corporation  ("Tenant"),  incorporated by reference to Exhibit
                  10.26 to the 1994 10-K.

        10.27     Amended and Restated  Management  Agreement  dated December 4,
                  1990  between  AROC  and Ark  Corporation  and DBS  Restaurant
                  Group, Inc., incorporated by reference to Exhibit 10.27 to the
                  1994 10-K.

        10.28     Lease  dated  January 25, 1991  between  Wayfarer  Inns of New
                  York, Inc., as lessor, and SSWB Restaurants,  Inc., as lessee,
                  incorporated by reference to Exhibit 10.28 to the 1994 10-K.

        10.29     Lease  dated  April 18,  1991  between  South  Street  Seaport
                  Limited Partnership,  as lessor, and Ark of the Seaport, Inc.,
                  as lessee,  incorporated  by reference to Exhibit 10.29 to the
                  1994 10-K.

        10.30     Management  Agreement  dated June 1, 1991  between Ark  Boston
                  Corp. and  Flower Market  Restaurant,  Inc.,  incorporated  by
                  reference to Exhibit 10.30 to the 1994 10-K.

        10.31     Third  Amendment  to Lease  dated  January  28,  1992  between
                  Potomac River Front Limited  Partnership  ("Landlord") and Ark
                  Potomac Corporation  ("Tenant"),  incorporated by reference to
                  Exhibit 10.31 to the 1994 10-K.

        10.32     Lease dated  August 5, 1992  between  Lehndorff  Tysons  Joint
                  Venture,  as Landlord,  and Tysons America  Corp.,  as Tenant,
                  incorporated by reference to Exhibit 10.32 to the 1994 10-K.

        10.33     Letter  Agreement dated December 4, 1992 among the Registrant,
                  La Femme Noire,  Inc. and   Barbara Smith,   incorporated   by
                  reference to Exhibit 10.33 to the 1994 10-K.

        10.34     Amended and Restated Credit  Agreement dated December 30, 1992
                  between the  Registrant  and Bank Leumi  Trust  Company of New
                  York,  incorporated  by reference to Exhibit 10.34 to the 1994
                  10-K.

        10.35     Modification of Lease dated December 31, 1992  between  Moklam
                  Enterprises,  inc.  ("Landlord") and   Father Brad's  Broadway
                  Dining,  Inc.  ("Tenant") incorporated by reference to Exhibit
                  10.35 to the 1994 10-K.



                                       10




      10.36       Operating Agreement, dated March 3, 1993 between Ark JMR Corp.
                  and Jim  McMullen  Restaurant, Inc, incorporated by  reference
                  to Exhibit 10.36 to the 1994 10-K.

      10.37       Restated  Indenture  of Lease  dated  August 1,  1993  between
                  Bryant Park  Restoration  Corporation,  as  Landlord,  and Ark
                  Bryant  Park,  as Tenant,  as amended  by an  Amendment  dated
                  December 1, 1993,  incorporated  by reference to Exhibit 10.37
                  to the 1994 10-K.

      10.38       Amendment  dated August 5, 1993 to the Lease dated  January 1,
                  1990  between  George H. Beane and  Encarnita V.  Quinlan,  as
                  lessors,  and Columbus Cafe Corp., as lessee,  incorporated by
                  reference to Exhibit 10.38 to the 1994 10-K.

      10.39       Sublease  Agreement  dated  October  13,  1993  between  Frank
                  Catania,  as Lessor  and Ark Fifth  Avenue  Corp.,  as Lessee,
                  incorporated by reference to Exhibit 10.39 to the 1994 10-K.

      10.40       Sublease dated November 15, 1993 between Ark Oxnard Corp.,  as
                  subtenant,  and Michael Koutnik, as sublandlord,  incorporated
                  by reference to Exhibit 10.40 to the 1994 10-K.

      10.41       First  Amendment  to Lease  dated  January  15,  1994  between
                  Lehndorff Tysons Joint Venture ("Landlord") and Tysons America
                  Corp.,  incorporated by reference to Exhibit 10.41 to the 1994
                  10-K.

      10.42       Lease  Agreement  dated February 4, 1994 between Union Station
                  Venture,  Ltd.  and   La    Femme   Noire   D.C. Incorporated,
                  incorporated by reference to Exhibit 10.41 to the 1994 10-K.

      10.43       Agreement dated July 15, 1994  between Avis Rent A Car System,
                  Inc.  and MEB  Emporium  Corp.,   incorporated by reference to
                  Exhibit 10.43 to the 1994 10-K.

      10.44       Letter  Agreement dated August 10, 1994 between the Registrant
                  and Bank  Leumi  Trust  Company of New York,  incorporated  by
                  reference to Exhibit 10.44 to the 1994 10-K.

      10.45       Letter Agreement dated September 27, 1994 among Barbara Smith,
                  the Registrant,  La Femme Noire,  Inc. and La Femme Noire D.C.
                  Incorporated,  incorporated  by  reference to Exhibit    10.45
                  to the 1994 10-K.

      10.46       Lease dated  November 2, 1994 between Andre Soltner and Simone
                  Soltner d/b/a ANSI Realty  Company,  and KRA  Holdings,  Inc.,
                  Tenant, incorporated by reference to Exhibit 10.46 to the 1994
                  10-K.

      10.47       Lease dated November 18, 1994 between Islamorada Resort, Inc.,
                  as Landlord and Ark Islamorada Corp., as Tenant,  incorporated
                  by reference to Exhibit 10.47 to the 1994 10-K.

      10.48       First Amendment of Lease dated as of the 14th   day of   July,
                  1994 by and between Mega Realty, L.L.C. and Conis Realty Corp.
                  incorporated by reference to Exhibit 10.48 to the Registrant's
                  Annual Report on Form 10-K for the fiscal year ended September
                  30, 1995 (the "1995 10-K").

                                       11



      10.49       Extension  and  Modification  of Lease dated   September  1995
                  between  Rebak Realty Co. and MEB Emporium Corp., incorporated
                  by reference to Exhibit 10.49 to the 1995 10-K.

      10.50       Amendment  and  modification  of Leases,  dated as of June 13,
                  1995 between Buchbinders  Restaurant Inc. and Ark 27th Street,
                  Inc.,  incorporated  by  reference  to  Exhibit  10.50 to  the
                  1995 10-K.

      10.51       Agreement    dated December 5, 1995 between United Brody Corp.
                  and Ark Steakhouse Corp., incorporated by reference to Exhibit
                  10.51 to the 1995 10-K.

      27          Financial Data Schedule pursuant to Article 5 of    Regulation
                  S-X filed with EDGAR version only.

  (b)    Reports on Form 8-K - none.


                                       12






                                   SIGNATURES




Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunto duly authorized.


Date:  February 9, 1996



         ARK RESTAURANTS CORP.

         By /S/ Michael Weinstein
                Michael Weinstein, President



         By /S/ Andrew B. Kuruc
                Andrew B. Kuruc
                Vice President, Controller and
                Principal Accounting Officer