Company Overview

Good Times Restaurants Inc. (NASDAQ: GTIM) is a U.S.-based restaurant holding company that operates and franchises quick-service and casual dining restaurant concepts. The company operates primarily in the restaurant and hospitality industries through two brands: Good Times Burgers & Frozen Custard, a quick-service restaurant chain focused on burgers, fries, frozen custard, and drive-thru service, and Bad Daddy’s Burger Bar, a full-service casual dining concept specializing in gourmet burgers, sandwiches, salads, and alcoholic beverages. Revenue is generated primarily through company-operated restaurant sales, supplemented by franchise royalties and fees.

The company’s customer base is concentrated in value-oriented and casual dining consumers, particularly in the Western and Southeastern United States. Good Times Restaurants has positioned itself around differentiated burger concepts, ingredient quality, localized brand recognition, and operational flexibility across both quick-service and upscale casual dining formats. The company was founded in 1987 and evolved from a regional fast-food operator into a multi-brand restaurant company following the acquisition and expansion of Bad Daddy’s Burger Bar during the 2010s.

Business Operations

Good Times Restaurants conducts operations through two principal restaurant brands: Good Times Burgers & Frozen Custard and Bad Daddy’s Burger Bar. The Good Times segment operates primarily as a quick-service drive-thru business concentrated in Colorado and neighboring markets, while Bad Daddy’s Burger Bar operates full-service casual dining restaurants across several U.S. states. The company generates revenue primarily through food and beverage sales at company-owned restaurants, with additional contributions from franchise operations and licensing arrangements.

The company’s operational assets include restaurant real estate leases, proprietary menu development, regional supply chain relationships, and digital ordering and loyalty systems. Domestic operations are concentrated entirely within the United States, with no material international operating footprint disclosed in recent public filings. Good Times Restaurants has historically relied on centralized management, local market penetration strategies, and brand-specific operational models rather than large-scale international franchising or joint ventures. Public filings do not identify major international partnerships or significant non-U.S. subsidiaries.

Strategic Position & Investments

Good Times Restaurants has focused its strategy on improving restaurant-level profitability, disciplined capital allocation, menu innovation, and selective unit growth. The company has invested in operational efficiencies, labor management technologies, digital ordering capabilities, and drive-thru optimization within the Good Times Burgers & Frozen Custard brand. Within Bad Daddy’s Burger Bar, management has emphasized menu differentiation, premium burger positioning, and restaurant-level cash flow performance over aggressive expansion.

Historically, the company’s most significant strategic investment was the acquisition and development of Bad Daddy’s Burger Bar, which diversified revenue streams beyond traditional quick-service dining. Recent public disclosures indicate a focus on balance sheet management, same-store sales growth, and measured development rather than large acquisition activity. Data inconclusive based on available public sources regarding any material investments in emerging technology sectors outside standard restaurant technology infrastructure.

Geographic Footprint

Good Times Restaurants operates exclusively within the United States. The company is headquartered in Golden, Colorado, and maintains its strongest market presence in the Western United States, particularly Colorado, through the Good Times Burgers & Frozen Custard brand. Bad Daddy’s Burger Bar has expanded into multiple regions including parts of the Southeastern United States and selected Midwestern markets.

The company does not currently report material international operations, overseas subsidiaries, or foreign investment activities in publicly available filings. Its geographic strategy has historically emphasized regional brand density and operational concentration rather than broad national saturation or global franchising expansion.

Leadership & Governance

Good Times Restaurants is governed by a board of directors and executive leadership team responsible for overseeing brand strategy, capital allocation, restaurant operations, and shareholder value initiatives. Leadership has consistently emphasized operational discipline, restaurant-level profitability, and long-term brand development. Public company governance practices are disclosed through annual reports, proxy statements, and other filings with the U.S. Securities and Exchange Commission (SEC).

Key executives include:

• Ryan M. Zink – President and Chief Executive Officer
• Matthew J. Robshaw – Vice President of Accounting and Corporate Controller
• Boyd Hoback – President of Bad Daddy’s Burger Bar
• Kelly M. Roddy – Chairman of the Board

Leadership strategy has centered on disciplined restaurant growth, improving operating margins, and strengthening the performance of both core restaurant brands through operational execution and selective capital investment.