Good Times Restaurants Inc Dossier
Qualitative Analysis
Business overview
Good Times Restaurants Inc. (Nasdaq: GTIM) is a regional restaurant holding company headquartered in Golden, Colorado. The company operates and franchises two distinct restaurant concepts: Good Times Burgers & Frozen Custard and Bad Daddy's Burger Bar. Good Times Burgers & Frozen Custard is a regional quick-service drive-thru concept specializing in premium, all-natural beef and chicken offerings, wild fries, and fresh frozen custard, primarily located in Colorado. Bad Daddy's Burger Bar is a full-service, upscale casual dining "small box" concept featuring chef-driven gourmet burgers, chopped salads, and a full bar focusing on craft beers. As of early fiscal 2026, the company's footprint consists of 30 Good Times locations and 38 Bad Daddy's Burger Bar locations.
Research as of 20 Jun 2026
Strategic Initiatives
Growth programs, investments, and their expected impact
Enlisting Denver-based Cultivator Advertising & Design to breathe new life into the nearly four-decade-old Good Times Burgers brand by updating its color palette, logo, and tagline, followed by physical restaurant remodels starting in late 2026 or early 2027.
Expected impact: Aims to increase guest frequency, traffic, and sales while distinguishing the brand from major fast-food competitors.
Implementing a heightened sense of cost containment at the restaurant level, including aggressive negotiations with vendor partners and disciplined labor management to offset commodity and wage inflation.
Expected impact: Translating directly into increased profitability and improved restaurant-level operating margins.
Completing the operational transition from a cook-and-hold system to a cook-to-order process for all burgers at Good Times, which includes a new cheese melting process.
Expected impact: Delivers a significantly higher-quality product to guests, enhancing brand value without increasing labor expenses.
Mergers, Acquisitions & Partnerships
Recent deals and strategic collaborations
Recent Acquisitions
Acquiring franchised locations to transition toward a more centralized, company-owned operational model, allowing for greater brand consistency and operational control.
Financial impact: Shifted franchise royalty revenues to direct restaurant sales, with initial training and transition costs incurred in fiscal 2025.
Strategic Partnerships
High importance for revitalizing the Good Times brand identity, updating the visual assets, and designing the next generation of restaurant remodels to drive customer traffic.
Terms: Not publicly disclosed