Bad Daddy’s Burger Bar Brings Craft Burgers & Local Brews to Roswell, Georgia and Greenville, South Carolina
DENVER–(BUSINESS WIRE)–Good
Times Restaurants Inc. (Nasdaq: GTIM) announced today the opening of
two new Bad Daddy’s Burger Bar restaurants, bringing the Company’s new
restaurant openings to nine in the 2018 fiscal year.
The third Atlanta metro Bad Daddy’s opened on Monday, September 24th
at the Roswell
Marketplace and the second Greenville, South Carolina Bad Daddy’s
also opened on Monday, September 24th at McDaniel
Village.
Boyd Hoback, the Company’s President and CEO, said, “We are pleased to
have met our goal of nine new Bad Daddy’s restaurants in fiscal 2018 and
are excited to continue the development of our presence in key
southeastern markets. We expect that most of our fiscal 2019 development
to be focused in the Carolinas, Georgia, Tennessee and Alabama.”
The Company has two more Bad Daddy’s locations under construction at
North Decatur Square in Decatur, Georgia and Brier Creek Commons in
Raleigh-Durham, North Carolina, with planned openings in late fall 2018.
About Good Times Restaurants Inc.: Good Times Restaurants Inc.
(GTIM) owns, operates, franchises and licenses 33 Bad Daddy’s Burger Bar
restaurants through its wholly-owned subsidiaries. Bad Daddy’s Burger
Bar is a full service, upscale, “small box” restaurant concept 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 atmosphere that appeals to a
broad consumer base. Additionally, through its wholly-owned
subsidiaries, Good Times Restaurants Inc. operates and franchises a
regional quick service restaurant chain consisting of 36 Good Times
Burgers & Frozen Custard restaurants, located primarily in Colorado.
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 the Company’s 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 and integrate new restaurants, 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
26, 2017 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.
Contacts
Good Times Restaurants Inc.
Boyd E. Hoback
President and Chief
Executive Officer
(303) 384-1411
or
Ryan Zink
Chief
Financial Officer
(303) 384-1432
or
Christi Pennington
(303)
384-1440
