Company Overview

Good Times Restaurants Inc. is a publicly traded restaurant holding company operating in the quick-service restaurant and casual dining industries. The company’s core business consists of owning, operating, and franchising restaurant concepts that focus on burgers and related menu offerings. Its primary revenue drivers are company-owned restaurant sales and, to a lesser extent, franchise royalties and fees. The company primarily serves value-oriented and premium-burger consumers in regional U.S. markets.

The company’s portfolio includes two distinct brands: Good Times Burgers & Frozen Custard, a regional quick-service chain, and Bad Daddy’s Burger Bar, a higher-end casual dining concept. Good Times Restaurants Inc. positions itself through differentiated menus, made-to-order offerings, and a focus on quality ingredients. The company was founded in 1995 and initially developed the Good Times brand in Colorado. It later expanded its strategy by acquiring a controlling interest in Bad Daddy’s Burger Bar in 2015, transforming the company into a multi-brand restaurant operator.

Business Operations

Good Times Restaurants Inc. operates through two primary business segments: Good Times Burgers & Frozen Custard and Bad Daddy’s Burger Bar. Revenue is generated predominantly from company-owned restaurant operations, including food and beverage sales, with a smaller contribution from franchised locations. The Good Times brand emphasizes drive-thru convenience, frozen custard desserts, and regionally inspired menu items, while Bad Daddy’s focuses on craft burgers, full-service dining, and alcoholic beverage sales.

Operations are concentrated in the United States, with both brands maintaining a mix of company-owned and franchised restaurants. The company controls brand intellectual property, restaurant-level operating systems, and supply chain relationships. Bad Daddy’s Burger Bar operates through Bad Daddy’s International, LLC, a consolidated subsidiary, and has historically included franchised locations through third-party operators. No material joint ventures outside of franchising arrangements have been publicly disclosed.

Strategic Position & Investments

The company’s strategic direction centers on disciplined unit-level profitability, brand differentiation, and selective expansion within existing and adjacent markets. Growth initiatives have included restaurant remodels, menu innovation, operational efficiency improvements, and cautious new unit development. Management has publicly emphasized balancing growth with capital preservation, particularly during periods of industry volatility.

A major strategic investment was the acquisition of a controlling stake in Bad Daddy’s Burger Bar, which remains the company’s most significant subsidiary and investment. The company has also invested in digital ordering capabilities, loyalty programs, and operational technology to enhance customer engagement and efficiency. While management has discussed evaluating emerging restaurant trends, no material investments in non-restaurant technologies or unrelated sectors have been confirmed in public filings.

Geographic Footprint

Good Times Restaurants Inc. operates primarily within the United States, with its headquarters located in Colorado. The Good Times Burgers & Frozen Custard brand is concentrated in Colorado and surrounding Mountain West states, where it has strong regional brand recognition. Bad Daddy’s Burger Bar has a broader footprint, operating locations across multiple states in the Southeast, Midwest, and Mountain West regions.

The company does not have material international operations. Its geographic strategy focuses on regional density rather than nationwide saturation, allowing for localized marketing, supply chain efficiencies, and brand loyalty within core markets.

Leadership & Governance

Good Times Restaurants Inc. is led by an experienced executive team with backgrounds in restaurant operations, finance, and brand development. Leadership emphasizes operational discipline, brand integrity, and long-term shareholder value creation. The company is governed by a board of directors responsible for oversight of strategy, risk management, and executive compensation.

Key executives include:

• Ryan M. Zink – President and Chief Executive Officer
• Kip H. Anderson – Chief Financial Officer
• Eric Knott – Chief Operating Officer
• Bob Tamoney – Chairman of the Board

Management has consistently articulated a philosophy focused on sustainable growth, operational excellence, and adapting restaurant concepts to evolving consumer preferences while maintaining brand authenticity.