GREAT AMERICAN RECREATION INC
NT 10-Q/A, 1995-12-15
MISCELLANEOUS AMUSEMENT & RECREATION
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U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C.  20549


NOTIFICATION OF LATE FILING




(Check One)
 Form 10-K      Form 11-K      Form 20-F     X Form 10-Q     
Form N-SAR
For Period Ended:  October 31, 1995

Read Instructions (on back page) Before Preparing Form.  Please
Print or Type. 
Nothing in this Form shall be construed to imply that the
Commission has verified any information contained herein.

If this Notification relates to a portion of the filing checked
above, identify the items to which the Notification relates:



Part I - Registrant Information


Full Name of Registrant:                         Great American
Recreation, Inc.

Former Name if Applicable:

Address of Principal Executive Office (Street and Number): 
 P.O. Box 848

City, State and Zip Code:             McAfee, New Jersey  07429


Part II - Rules 12b-25 (b) and (c)


    If the subject report could not be filed without unreasonable
effort or expense and the Registrant seeks relief pursuant to 
Rule 12b-25(b), the following should be completed.  
(Check box if appropriate.)

X (a) The reasons described in reasonable detail in Part III of
this Form could not be eliminated without unreasonable effort 
or expense;

X (b) The subject annual report or semi-annual report/portion
thereof will be filed on or before the fifteenth calendar day 
following the prescribed due date; or the subject
quarterly report/portion thereof will be filed on or before the
fifth calendar day following the prescribed due date; and

X (c) The accountant's statement or other exhibit required by
Rule 12b-25(c) has been attached if applicable.


Part III - Narrative


    State below in reasonable detail the reasons why the Form
10-K, 11-K, 20-F, 10-Q or N-SAR, or portion thereof, could not 
be filed within the prescribed time period.
The Registrant has been delayed in completing the Report because
of delays in receiving documents describing the sale and purchase 
of the Registrant's senior secured indebtedness which are 
necessary to complete the disclosure in the Report.


SEC 1344 (4-85)   (Attach Extra Sheets If Needed)

Part IV - Other Information


(1) Name and telephone number of person to contact in regard to
this notification:

    Joseph Bellantoni                            (201) 209-3306

(2) Have all other periodic reports required under Section 13 or
15(d) of the Securities Exchange Act of 1934 or Section 30 of the 
Investment Company Act of 1940 during the preceding 12 months 
(or for such shorter period that the Registrant was required to 
file such reports) been filed?  If answer is no, identify report(s).

                                                                  
 X Yes       No

(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal 
year will be reflected by the earnings statements to be included 
in the subject report, or portion thereof?

 Yes     X No

If so, attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the 
reasons why a reasonable estimate of the results cannot be made.



GREAT AMERICAN RECREATION, INC.
(Name of Registrant as Specified in Charter)

has caused this Notification to be signed on its behalf by the
undersigned thereunto duly authorized.



Dated:  December 13, 1995     By:  /s/Joseph Bellantoni   
                                   
                                  Joseph Bellantoni, President


INSTRUCTION:  The form may be signed by an executive officer of
the Registrant or by any other duly authorized representative.  
The name and title of the person signing the form shall be type 
printed beneath the signature.  If the statement is signed on behalf
of the Registrant by an authorized representative (other than an
executive officer), evidence of the representative's authority to 
sign on behalf of the Registrant shall be filed with the form.


ATTENTION

International misstatements or omissions of fact constitute
Federal Criminal Violations (See 18 U.S.C. 1001).


General Instructions

1.  This Form is required by Rule 12b-25 (17 C.F.R. 240.12b-25)
of the General Rules and Regulations under the Securities Exchange 
Act of 1934.

2.  One signed original and four conformed copies of this Form
and amendments thereto must be completed and filed with the 
Securities and Exchange Commission, Washington, D.C.  20549, 
in accordance with Rule 0.3 of the General Rules and Regulations 
under the Act.  The information contained in or filed with the 
Form will be made a matter of the public record in the Commission files.

3.  A manually signed copy of the form and amendments thereto
shall be filed with each national securities exchange on which 
any class of securities of the Registrant is registered.

4.  Amendments to the Notifications must also be filed on Form 12b-25 
but need not restate information that has been correctly furnished.
The Form shall be clearly identified as an amended notification.





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