SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

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                                  SCHEDULE 13G

                 Information to be included in Statements filed
                     pursuant to Rule 13d-1(b), (c) AND (d)

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                           ARK RESTAURANTS CORPORATION
                                (Name of Issuer)


                                  COMMON STOCK
                         (Title of Class of Securities)

                                    040712101
                                 (CUSIP Number)

                                February 24, 2004
             (Date of event which requires filing of this Statement)

             Check the  appropriate  box to designate the rule pursuant to which
this Schedule is filed:

                                [ ] Rule 13d-1(b)

                                [x] Rule 13d-1(c)

                                [ ] Rule 13d-1(d)


                         (Continued on following pages)

                              (Page 1 of 11 Pages)





                                                                    Page 2 of 11
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1. NAME OF REPORTING PERSON
        S.S. OR I.R.S.  IDENTIFICATION  NO. OF ABOVE PERSON
        Bonanza Master Fund, Ltd.
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2.      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                 (a) [ ]
                                                                         (b) [x]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION:
        Cayman Islands, British West Indies
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                 5.   SOLE VOTING POWER
                      180,000
    NUMBER OF    ---------------------------------------------------------------
     SHARES      6.   SHARED VOTING POWER
  BENEFICIALLY        None.
    OWNED BY     ---------------------------------------------------------------
     EACH        7.   SOLE DISPOSITIVE POWER
   REPORTING          180,000
  PERSON WITH    ---------------------------------------------------------------
                 8.   SHARED DISPOSITIVE POWER
                      None.
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         180,000
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES                                                      [ ]
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11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
         5.55%
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12. TYPE OF REPORTING PERSON: OO
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                                                                    Page 3 of 11
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1. NAME OF REPORTING PERSON
        S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
        Bonanza Capital, Ltd.
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2.      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                 (a) [ ]
                                                                         (b) [x]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION:
        Texas
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                 5.   SOLE VOTING POWER
                      180,000
    NUMBER OF    ---------------------------------------------------------------
     SHARES      6.   SHARED VOTING POWER
  BENEFICIALLY        None.
    OWNED BY     ---------------------------------------------------------------
     EACH        7.   SOLE DISPOSITIVE POWER
   REPORTING          180,000
  PERSON WITH    ---------------------------------------------------------------
                 8.   SHARED DISPOSITIVE POWER
                      None.
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         180,000
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES                                                      [ ]
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11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
         5.55%
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12. TYPE OF REPORTING PERSON: PN
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                                                                    Page 4 of 11
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1. NAME OF REPORTING PERSON
        S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
        Bernay Box & Co., Inc.
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2.      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                 (a) [ ]
                                                                         (b) [x]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION:
        Texas
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                 5.   SOLE VOTING POWER
                      180,000
    NUMBER OF    ---------------------------------------------------------------
     SHARES      6.   SHARED VOTING POWER
  BENEFICIALLY        None.
    OWNED BY     ---------------------------------------------------------------
     EACH        7.   SOLE DISPOSITIVE POWER
   REPORTING          180,000
  PERSON WITH    ---------------------------------------------------------------
                 8.   SHARED DISPOSITIVE POWER
                      None.
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         180,000
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES                                                      [ ]
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11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
         5.55%
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12. TYPE OF REPORTING PERSON: CO
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                                                                    Page 5 of 11
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1. NAME OF REPORTING PERSON
        S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
        Bernay Box
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2.      CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                 (a) [ ]
                                                                         (b) [x]
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION:
        Texas
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                 5.   SOLE VOTING POWER
                      180,000
    NUMBER OF    ---------------------------------------------------------------
     SHARES      6.   SHARED VOTING POWER
  BENEFICIALLY        None.
    OWNED BY     ---------------------------------------------------------------
     EACH        7.   SOLE DISPOSITIVE POWER
   REPORTING          180,000
  PERSON WITH    ---------------------------------------------------------------
                 8.   SHARED DISPOSITIVE POWER
                      None.
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         180,000
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
         CERTAIN SHARES                                                      [ ]
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11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
         5.55%
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12. TYPE OF REPORTING PERSON: IN
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Item 1(a).          Name of Issuer.

                    Ark Restaurants Corporation ("ARKR")

Item 1(b).          Address of Issuer's Principal Executive Offices.

                    85 Fifth Avenue
                    New York, NY 10003

Item 2(a).          Names of Person Filing.

                           (i)      Bonanza Master Fund, Ltd. ("Master Fund")

                           (ii)     Bonanza Capital, Ltd. ("Fund Manager")

                           (iii)    Bernay Box & Co., Inc. ("General Partner")

                           (iv)     Bernay Box ("Box")



                                                                    Page 6 of 11

Item 2(b).          Address of Principal Business Office, or if none, Residence.

                    As to Master Fund:
                    Walker House, PO Box 908GT
                    Grand Cayman, Cayman Islands, BWI

                    As to Fund Manager, General Partner and Box:
                    300 Crescent Court
                    Suite 1740
                    Dallas, TX 75201

Item 2(c).          Citizenship.

                    As to Master Fund: Cayman Islands, British West Indies
                    As to Fund Manager, General Partner and Box: Texas

Item 2(d).          Title of Class of Securities.

                    Common Stock, par value $0.01 per share.

Item 2(e).          CUSIP Number.

                    040712101

Item 3.             If this  statement  is filed  pursuant  to Rules 13d-1(b) or
                    13d-2(b), check whether the person filing is a:

                    Not applicable.

Item 4.             Ownership.

Bonanza  Master Fund,  Ltd. is a Cayman  Corporation  and acts as the investment
vehicle.  Bonanza Capital,  Ltd. is a Texas Limited  Partnership and the General
Partner of Bonanza Master Fund,  Ltd. Bernay Box & Co., Inc. is an S Corporation
and the General Partner of Bonanza Capital, Ltd. Bernay Box owns 100% and is the
President of Bernay Box & Co., Inc.

As to Master Fund:

         (a)      Amount beneficially owned by Master Fund are 180,000 shares of
                  Common Stock of the Issuer.

         (b)      Percent of Class:  Master Fund beneficially holds 5.55% of the
                  Issuer's  issued  and  outstanding   Common  Stock  (based  on
                  3,242,299  shares of Common  Stock of the  Issuer  issued  and
                  outstanding  as of February 6, 2004 as stated in the  Issuer's
                  Form 10-Q for the fiscal quarter ending December 27, 2003).

         (c)      Number of shares as to which such person has:

                  (i)      Sole  power to  direct  the vote:  180,000  shares of
                           common stock of the Issuer.

                  (ii)     Shared power to vote or to direct the vote: None.


                                                                    Page 7 of 11

                  (iii)    Sole power to dispose  or direct the  disposition  of
                           the Common Stock:  180,000  shares of Common Stock of
                           the Issuer.

                  (iv)     Shared power to dispose or direct the disposition of:
                           None.

As to Fund Manager:

         (a)      Amount beneficially owned by Master Fund are 180,000 shares of
                  Common Stock of the Issuer.

         (b)      Percent of Class:  Master Fund beneficially holds 5.55% of the
                  Issuer's  issued  and  outstanding   Common  Stock  (based  on
                  3,242,299  shares of Common  Stock of the  Issuer  issued  and
                  outstanding  as of February 6, 2004 as stated in the  Issuer's
                  Form 10-Q for the fiscal quarter ending December 27, 2003).

         (c)      Number of shares as to which such person has:

                  (i)      Sole  power to  direct  the vote:  180,000  shares of
                           common stock of the Issuer.

                  (ii)     Shared power to vote or to direct the vote: None.

                  (iii)    Sole power to dispose  or direct the  disposition  of
                           the Common Stock:  180,000  shares of Common Stock of
                           the Issuer.

                  (iv)     Shared power to dispose or direct the disposition of:
                           None.

As to General Partner:

         (a)      Amount  beneficially  owned by  General  Partner  are  180,000
                  shares of Common Stock of the Issuer.

         (b)      Percent of Class:  Master Fund beneficially holds 5.55% of the
                  Issuer's  issued  and  outstanding   Common  Stock  (based  on
                  3,242,299  shares of Common  Stock of the  Issuer  issued  and
                  outstanding  as of February 6, 2004 as stated in the  Issuer's
                  Form 10-Q for the fiscal quarter ending December 27, 2003).

         (c)      Number of shares as to which such person has:

                  (i)      Sole  power to  direct  the vote:  180,000  shares of
                           common stock of the Issuer.

                  (ii)     Shared power to vote or to direct the vote: None.

                  (iii)    Sole power to dispose  or direct the  disposition  of
                           the Common Stock:  180,000  shares of Common Stock of
                           the Issuer.

                  (iv)     Shared power to dispose or direct the disposition of:
                           None.

As to Box:

         (a)      Amount  beneficially owned by Box are 180,000 shares of Common
                  Stock of the Issuer.

         (b)      Percent of Class:  Master Fund beneficially holds 5.55% of the
                  Issuer's  issued  and  outstanding   Common  Stock  (based  on
                  3,242,299  shares of Common  Stock of the  Issuer  issued  and
                  outstanding  as of February 6, 2004 as stated in the  Issuer's
                  Form 10-Q for the fiscal quarter ending December 27, 2003).

         (c)      Number of shares as to which such person has:

                  (i)      Sole  power to  direct  the vote:  180,000  shares of
                           common stock of the Issuer.

                  (ii)     Shared power to vote or to direct the vote: None.



                                                                    Page 8 of 11

                  (iii)    Sole power to dispose  or direct the  disposition  of
                           the Common Stock:  180,000  shares of Common Stock of
                           the Issuer.

                  (iv)     Shared power to dispose or direct the disposition of:
                           None.

Item 5.           Ownership of Five Percent or Less of a Class.

                  Not applicable.

Item 6.           Ownership  of More than  Five  Percent  on  Behalf of  Another
                  Person.

                  Not applicable.

Item 7.           Identification  and  Classification  of the  Subsidiary  Which
                  Acquired the Security  Being Reported on By the Parent Holding
                  Company.

                  Not applicable.

Item 8.           Identification and Classification of Members of the Group.

                  Not applicable.

Item 9.           Notice of Dissolution of Group.

                  Not applicable.

Item 10.          Certification.

                  By signing  below, I certify that, to the best of my knowledge
                  and belief, the securities referred to above were not acquired
                  and are not held for the  purpose  of or with  the  effect  of
                  changing  or  influencing  the  control  of the  issuer of the
                  securities   and  were  not  acquired  and  are  not  held  in
                  connection with or as a participant in any  transaction  which
                  could have that purpose or effect.



                                                                    Page 9 of 11

                                    SIGNATURE

         After reasonable  inquiry and to the best of my knowledge and belief, I
certify that the information  set forth in this statement is true,  complete and
correct.

                              Date:  March  _____, 2004

                              BONANZA MASTER FUND, LTD., an exempted
                              company incorporated in the Cayman Islands
                              with limited liability

                              By: /s/ Don Seymour
                                  ------------------
                              Name: Don Seymour
                              Title: Director

                              By: /s/ Aldo Ghisletta
                                  ------------------
                              Name: Aldo Ghisletta
                              Title: Director

                              BONANZA CAPITAL, LTD., a Texas limited partnership

                              By:  Bernay Box & Co., Inc., as General Partner

                              By: /s/ Bernay Box
                                  ------------------
                              Name: Bernay Box
                              Title: President

                              Bernay Box & Co., Inc., a Texas corporation

                              By: /s/ Bernay Box
                                  ------------------
                              Name: Bernay Box
                              Title: President

                              Bernay Box

                              By: /s/ Bernay Box
                                  ------------------
                              Name: Bernay Box






                                                                   Page 10 of 11

Exhibit Index

99.1     Agreement of Joint Filing - Filed herewith