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Good Times Restaurants Inc. Announces VP of Franchise Development Search

  Good Times Restaurants Inc. Announces VP of Franchise Development Search

Business Wire

GOLDEN, Colo. -- September 25, 2013

Good Times Restaurants Inc. (NASDAQ: GTIM) today announced that it has
narrowed its slate of candidates to fill the position of Vice President of
Franchise Development for the anticipated accelerated expansion of the Bad
Daddy’s Burger Bar concept. The Company said it plans to develop and operate
Bad Daddy’s in Colorado and other states for its own account and expand the
concept with experienced multi-unit operators through its 48% ownership and
management agreement in Bad Daddy’s Franchise Development LLC.

Boyd Hoback, President & CEO said, “We are excited about the quality of
candidates that we are in discussions with and anticipate making a hire in the
next few weeks. They each have backgrounds with deep experience in several
large, iconic brands that have successfully grown through franchising with
multi-unit franchisees. We have set out high standards for the position and
anticipate being able to bring on a very experienced executive to help execute
our franchise expansion plans for Bad Daddy’s as we continue to work with the
Bad Daddy’s founders on developing a robust platform of operating tools,
systems and franchise services.”

About Good Times Restaurants Inc.

Good Times Restaurants Inc. (GTIM) is a regional chain of quick service
restaurants located primarily in Colorado providing a menu of high quality all
natural hamburgers, 100% all natural chicken tenderloins, fresh frozen
custard, fresh cut fries, fresh lemonades and other unique offerings. Good
Times currently operates and franchises 38 restaurants.

Bad Daddy’s Burger Bar is a full service, upscale, “small box” restaurant
featuring a chef driven menu of gourmet signature burgers, chopped salads,
appetizers and sandwiches with a full bar and a focus on a selection of craft
microbrew beers in a high energy, family friendly atmosphere. Bad Daddy’s has
received both local and national accolades for the quality and originality of
its food and was most recently named a top 25 burger in the U.S. by USA Today.
There are four restaurants open and a fifth in the Charlotte airport operated
by HMS Host with three additional restaurants in development.

Good Times Forward-Looking Statements

This press release contains forward-looking statements within the meaning of
federal securities laws. The words “intend,” “may,” “believe,” “will,”
“should,” “anticipate,” “expect,” “seek” and similar expressions are intended
to identify forward-looking statements. These statements involve known and
unknown risks, which may cause Good Times’ actual results to differ materially
from results expressed or implied by the forward-looking statements. These
risks include such factors as the uncertain nature of current restaurant
development plans and the ability to implement those plans, delays in
developing and opening new restaurants because of weather, local permitting or
other reasons, increased competition, cost increases or shortages in raw food
products, and other matters discussed under the “Risk Factors” section of Good
Times’ Annual Report on Form 10-K for the fiscal year ended September 30, 2012
filed with the SEC. Although Good Times may from time to time voluntarily
update its forward-looking statements, it disclaims any commitment to do so
except as required by securities laws.

Contact:

Good Times Restaurants Inc.
Investor Relations Contacts:
Boyd E. Hoback, 303-384-1411
President and CEO
or
Christi Pennington, 303-384-1440
Executive Assistant
or
Booke & Co.
admin@bookeandco.com
 
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