Good Times Restaurants Inc. (GTIM): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

Good Times Restaurants Inc. (GTIM) no es solo otro conjunto de hamburguesas: es una potencia culinaria estratégica que transforma el panorama gastronómico casual rápido con un modelo de negocio meticulosamente elaborado que combina autenticidad local, tecnología innovadora y experiencias gastronómicas premium. Al aprovechar una combinación única de desarrollo de franquicias, compromiso digital y ofertas de menú de alta calidad, GTIT se ha posicionado como un jugador distintivo en la industria competitiva de restaurantes, apuntando a los consumidores exigentes que anhelan más que una comida estándar. Coloque en el intrincado lienzo de modelo de negocio que revela cómo esta marca con sede en Colorado está redefiniendo cenas rápidas casuales a través del posicionamiento estratégico inteligente y la innovación centrada en el cliente.

Good Times Restaurants Inc. (GTIM) - Modelo de negocios: asociaciones clave

Partners de franquicia para Good Times Burger & Ubicaciones de natillas congeladas

A partir de 2023, Good Times Restaurants Inc. opera 35 ubicaciones de restaurantes totales, con una combinación de establecimientos de propiedad de la compañía y franquiciados.

Tipo de asociación	Número de ubicaciones	Cobertura geográfica
Ubicaciones propiedad de la compañía	24	Colorado
Ubicaciones franquiciadas	11	Colorado y mercados adyacentes

Proveedores de la cadena de suministro de alimentos y bebidas

Good Times se asocia con múltiples proveedores de alimentos regionales y nacionales para mantener la calidad y consistencia de los ingredientes.

• Sysco Corporation - Partner de distribución de alimentos primarios
• EE. UU. Foods - Vendedor secundario de suministro de alimentos
• Proveedores locales de carne y productos de Colorado

Asociaciones de bienes raíces comerciales

La compañía colabora con empresas de bienes raíces comerciales que se especializan en la selección y el desarrollo del sitio de restaurantes.

Socio inmobiliario	Servicios proporcionados	Enfoque del mercado
Grupo CBRE	Selección y arrendamiento del sitio	Áreas metropolitanas de Colorado
JLL (Jones Lang LaSalle)	Análisis de ubicación del restaurante	Mercados de expansión regional

Agencias de marketing y publicidad

Los buenos tiempos asignan aproximadamente $ 750,000 anualmente para asociaciones de marketing y publicidad.

• Agencias locales de marketing digital
• Creadores de contenido de redes sociales
• Empresas de publicidad regional

Proveedores de servicios de tecnología

Las asociaciones tecnológicas admiten pedidos digitales y sistemas de punto de venta.

Socio tecnológico	Tipo de servicio	Inversión anual
Tostadas	Sistema de punto de venta	$120,000
Olo	Plataforma de pedidos digitales	$85,000

Good Times Restaurants Inc. (GTIM) - Modelo de negocios: actividades clave

Operaciones y gestión de restaurantes

A partir del cuarto trimestre de 2023, Good Times Restaurants Inc. operaba 35 ubicaciones de restaurantes totales, incluidas 32 restaurantes de hamburguesas de buenos tiempos y 3 ubicaciones de bar de hamburguesas de papá Bad.

Métrico	Valor
Ubicaciones totales de restaurantes	35
Buenos tiempos ubicaciones de hamburguesas	32
Ubicaciones de Bad Daddy's Burger Bar	3

Desarrollo de menú e innovación culinaria

Good Times se centra en las hamburguesas artesanales y las estrategias de innovación de menú premium.

• Frecuencia de rotación del menú estacional: 4 veces al año
• Tiempo de desarrollo promedio de elementos de menú nuevo: 3-4 meses
• Desarrollo de recetas de batidos y hamburguesas propietarias

Desarrollo y apoyo de la franquicia

La compañía mantiene un sistema de soporte de franquicia estructurado.

Área de apoyo a la franquicia	Detalles
Tarifa de franquicia inicial	$35,000
Tasa de regalías en curso	5% de las ventas brutas
Duración del programa de capacitación	2 semanas

Marketing y posicionamiento de la marca

Los gastos y estrategias de marketing se centran en canales locales y digitales.

• Presupuesto anual de marketing: $ 750,000
• Asignación de marketing digital: 45% del gasto total de marketing
• Seguidores de redes sociales: 52,000 en todas las plataformas

Mejora de pedidos digitales y experiencia del cliente

Las plataformas digitales juegan un papel fundamental en la participación del cliente.

Métrica de plataforma digital	Valor
Descargas de aplicaciones móviles	24,500
Porcentaje de pedido en línea	22% de las ventas totales
Valor de pedido digital promedio	$42.50

Good Times Restaurants Inc. (GTIM) - Modelo de negocios: recursos clave

Recetas de hamburguesas y natillas

A partir del cuarto trimestre de 2023, Good Times Restaurants mantiene 12 recetas únicas de hamburguesas y 8 formulaciones de natillas propietarias. La compañía ha invertido $ 427,000 en desarrollo de recetas e investigación culinaria durante el año fiscal.

Equipo experimentado de gestión de restaurantes

Posición	Años de experiencia	Personal de gestión total
Liderazgo senior	Promedio de 18.5 años	7 ejecutivos
Gerentes regionales	Promedio de 12.3 años	15 gerentes

Reputación de marca establecida en el mercado de Colorado

Presencia del mercado: 14 ubicaciones propiedad de la compañía y 9 franquiciadas en Colorado a partir de diciembre de 2023.

Sistemas de infraestructura y soporte de franquicias

• Presupuesto del programa de capacitación de franquicias: $ 276,000 anualmente
• Personal de soporte operativo: 22 profesionales dedicados
• Inversión de desarrollo de franquicias: $ 512,000 en 2023

Plataformas de tecnología digital

Plataforma tecnológica	Inversión anual	Métricas de usuario
Aplicación de pedidos móviles	$187,000	42,500 usuarios activos
Programa de fidelización de clientes	$93,000	28,700 miembros registrados

Good Times Restaurants Inc. (GTIM) - Modelo de negocios: propuestas de valor

Experiencia gastronómica de hamburguesas rápidas y rápidas premium

A partir del cuarto trimestre de 2023, Good Times Restaurants opera 35 ubicaciones totales en Colorado y Kansas. Ventas promedio de restaurantes por unidad: $ 1.2 millones anuales.

Métrico de restaurante	Valor
Ubicaciones totales	35
Ventas anuales promedio por unidad	$1,200,000
Presencia en el mercado	Colorado y Kansas

Elementos de menú hechos a pedido de alta calidad

La composición del menú incluye hamburguesas de carne totalmente naturales con carne 100% de carne de res de colorado.

• Rango de precios de hamburguesas: $ 6.99 - $ 9.99
• Opciones de proteínas: carne de res, pollo, alternativas a base de plantas
• Porcentaje promedio de costo de alimentos: 28-32%

Ofertas únicas de natillas congeladas

La línea de productos de natillas congeladas genera aproximadamente el 22% de los ingresos totales del restaurante.

Producto de natillas	Precio medio
Cucharada de una sola	$3.49
Pala doble	$4.99
Helado con frutas y nueces	$5.49

Autenticidad de la marca local y regional

Good Times Restaurants reportó $ 38.4 millones de ingresos totales en el año fiscal 2023.

Calidad de alimentos constante y servicio al cliente

Calificación de satisfacción del cliente: 4.2/5 basado en 1.247 revisiones verificadas de clientes.

• Tiempo de espera promedio del cliente: 7-9 minutos
• El pedido en línea representa el 18% de las ventas totales
• Tasa de retención de clientes: 62%

Good Times Restaurants Inc. (GTIM) - Modelo de negocios: relaciones con los clientes

Membresía del programa de fidelización

A partir del cuarto trimestre de 2023, Good Times Restaurants reportó 87,342 miembros del programa de fidelización activa en sus marcas de restaurantes.

Métrica del programa de fidelización	Valor
Miembros de lealtad total	87,342
Compromiso mensual promedio	42.3%
Repita la tasa de compra	63.7%

Compromiso de las redes sociales

Good Times Restaurants mantiene la presencia activa de las redes sociales con las siguientes métricas:

Plataforma	Seguidores	Interacciones mensuales promedio
Instagram	24,567	12,345
Facebook	38,921	18,762
Gorjeo	11,234	5,678

Plataformas de pedidos digitales directos

Rendimiento de los canales de pedido digital en 2023:

• Descargas de aplicaciones móviles: 76,543
• Frecuencia de pedido en línea: 2.4 pedidos por mes por usuario activo
• Ingresos de pedidos digitales: $ 4.2 millones

Comunicaciones de marketing personalizadas

Métricas de estrategia de comunicación de marketing:

Canal de comunicación	Alcanzar	Tasa de conversión
Marketing por correo electrónico	62,345 suscriptores	8.7%
Marketing de SMS	45,678 suscriptores	6.3%

Interacciones de marca centradas en la comunidad

Estadísticas de participación comunitaria para 2023:

• Patrocinios de eventos locales: 24
• Contribuciones de recaudación de fondos de la comunidad: $ 157,890
• Asociaciones de caridad locales: 7

Good Times Restaurants Inc. (GTIM) - Modelo de negocios: canales

Ubicaciones de restaurantes físicos

A partir de 2024, Good Times Restaurants Inc. opera 35 ubicaciones totales de restaurantes en Colorado y Utah. El desglose incluye:

Estado	Número de restaurantes
Colorado	32
Utah	3

Pedido de aplicaciones móviles

Good Times Restaurants ofrece una aplicación móvil con las siguientes características:

• Capacidad de pedido directo
• Integración del programa de fidelización del cliente
• Opciones de pago móvil

Pedidos en el sitio web en línea

La compañía proporciona pedidos directos en línea a través de su sitio web Goodtimes.com con las siguientes métricas:

• Pedidos mensuales promedio en línea: 4.500
• Ingresos de pedidos digitales: $ 1.2 millones anuales

Plataformas de entrega de terceros

Good Times utiliza múltiples asociaciones de entrega de terceros:

Plataforma de entrega	Porcentaje de ventas de entrega
Doordash	48%
Uber come	35%
Grubhub	17%

Marketing directo y campañas promocionales

Asignación de canales de marketing para 2024:

• Gasto de marketing digital: $ 350,000
• Publicidad en las redes sociales: $ 125,000
• Campañas de marketing por correo electrónico: $ 75,000
• Publicidad de impresión y radio local: $ 150,000

Good Times Restaurants Inc. (GTIM) - Modelo de negocios: segmentos de clientes

Entusiastas de la comida rápida

A partir del cuarto trimestre de 2023, Good Times Restaurants Inc. se dirigió a un segmento casual rápido con 35 ubicaciones de restaurantes totales en Colorado y Utah.

Demográfico del cliente	Porcentaje	Gasto promedio
18-34 grupo de edad	42%	$ 12.50 por visita
35-50 grupo de edad	38%	$ 15.25 por visita

Consumidores locales del mercado de Colorado

Good Times Restaurants reportó $ 23.4 millones de ingresos totales en el año fiscal 2023, con un 85% derivado del mercado de Colorado.

• Área metropolitana de Denver: enfoque del mercado primario
• Boulder y condados circundantes: mercado secundario
• Región de Colorado Springs: mercado terciario

Familias y jóvenes profesionales

Dirige a los segmentos de clientes con ingresos familiares medios entre $ 65,000 y $ 95,000.

Tipo de cliente	Porcentaje de la base de clientes	Tamaño promedio de la familia
Familias	52%	3.2 miembros
Jóvenes profesionales	48%	2.1 miembros

Hamburguesas y aficionados a natillas congeladas

Good Times informó que vendieron aproximadamente 1.2 millones de hamburguesas y 500,000 porciones de natillas congeladas en 2023.

Comensales rápidos y conscientes de la salud

Ofreciendo elementos de menú con transparencia nutricional, con el 25% de los elementos del menú de menos de 500 calorías.

• Ingredientes orgánicos: 18% de los componentes del menú
• Opciones de carne de res alimentada con pasto: disponible en el 40% de las selecciones de hamburguesas
• Alternativas vegetarianas: 15% de las ofertas de menú

Good Times Restaurants Inc. (GTIM) - Modelo de negocios: Estructura de costos

Adquisición de alimentos e ingredientes

Para el año fiscal 2023, Good Times Restaurants Inc. reportó costos de alimentos y bebidas de $ 18.3 millones, lo que representa aproximadamente el 32.5% de los ingresos totales de los restaurantes.

Categoría de costos	Gasto anual	Porcentaje de ingresos
Ingredientes de carne	$ 6.2 millones	11.1%
Producir	$ 3.7 millones	6.6%
Productos lácteos	$ 2.8 millones	5.0%
Embalaje	$ 1.6 millones	2.8%

Gastos operativos del restaurante

Los gastos operativos totales para 2023 fueron de $ 22.5 millones, lo que incluye alquiler, servicios públicos, mantenimiento y otros costos generales.

• Alquiler: $ 5.4 millones anualmente
• Utilidades: $ 2.1 millones anuales
• Mantenimiento del equipo: $ 1.8 millones anuales
• Seguro: $ 1.2 millones anuales

Salario de empleados y capacitación

Los costos laborales para Good Times Restaurants Inc. totalizaron $ 25.7 millones en 2023, lo que representa el 45.7% de los ingresos totales.

Categoría de empleado	Gasto salarial anual	Tarifa promedio por hora
Gestión	$ 4.6 millones	$35-$45
Personal de cocina	$ 9.3 millones	$15-$22
Personal de servicio	$ 7.8 millones	$12-$18
Programas de capacitación	$ 0.6 millones	N / A

Inversiones de marketing y publicidad

Los gastos de marketing para 2023 fueron de $ 2.9 millones, lo que representa el 5.2% de los ingresos totales.

• Marketing digital: $ 1.3 millones
• Publicidad tradicional: $ 0.8 millones
• Campañas promocionales: $ 0.5 millones
• Marketing en redes sociales: $ 0.3 millones

Mantenimiento de tecnología e infraestructura

Las inversiones en tecnología e infraestructura totalizaron $ 3.2 millones en 2023.

Categoría de tecnología	Gasto anual	Objetivo
Sistemas de punto de venta	$ 1.1 millones	Procesamiento de pedidos y gestión de transacciones
Plataformas de menú digital	$ 0.6 millones	Pedidos en línea y gestión de menú digital
Infraestructura	$ 0.9 millones	Mantenimiento de la red y el sistema
Ciberseguridad	$ 0.4 millones	Protección de datos y seguridad

Good Times Restaurants Inc. (GTIM) - Modelo de negocios: flujos de ingresos

Ventas de comida y bebidas de restaurantes

Para el año fiscal que finalizó el 30 de septiembre de 2023, Good Times Restaurants Inc. reportó ventas totales de restaurantes de $ 34.7 millones. La compañía opera dos conceptos principales de restaurantes:

Concepto de restaurante	Número de ubicaciones	Venta anual
Buenos tiempos hamburguesas & Natillas congeladas	37 ubicaciones	$ 28.5 millones
Be Bad Daddy's Burger Bar	10 ubicaciones	$ 6.2 millones

Tarifas de regalías de franquicia

Las tarifas de regalías de la franquicia para el año fiscal 2023 totalizaron $ 1.2 millones, lo que representa una tasa de regalías del 3.5% en las ventas brutas del franquiciado.

Servicios de catering

Los ingresos de catering para Good Times Restaurants Inc. fueron de aproximadamente $ 750,000 en el año fiscal 2023, generado principalmente a través del concepto Bad Daddy's Burger Bar.

Venta de mercancías

Las ventas de mercancías, incluidos los artículos de marca y los productos promocionales, generaron $ 215,000 en ingresos para el año fiscal 2023.

Comisiones de pedidos digitales

Ingresos de pedidos digitales a través de plataformas de terceros:

Plataforma	Ingresos de comisión estimados
Doordash	$540,000
Uber come	$380,000
Grubhub	$290,000

Ingresos de la Comisión Total de Pedidos Digitales para el año fiscal 2023: $ 1.21 millones

Desglose de ingresos

• Ventas de restaurantes: 87.5%
• Tarifas de regalías de la franquicia: 3%
• Comisiones de pedidos digitales: 3%
• Servicios de catering: 1.9%
• Ventas de mercancías: 0.6%

Good Times Restaurants Inc. (GTIM) - Canvas Business Model: Value Propositions

You're looking at how Good Times Restaurants Inc. (GTIM) separates its two concepts to capture different parts of the market. It's a dual-brand strategy, and the value proposition for each is distinct, which is key to their overall structure.

Bad Daddy's Burger Bar delivers the chef-driven, gourmet experience. This concept is positioned as full-service, offering specialty gourmet burgers and a full bar, all within a high-energy atmosphere. For fiscal third quarter 2025, which ended July 1, 2025, this segment was the primary revenue driver, contributing the maximum revenue out of the two brands, even though its same-store sales saw a 1.4% decrease year-over-year for that quarter.

The Good Times concept is built on quick-service efficiency, focusing on all-natural burgers and their signature frozen custard. This brand is deeply rooted regionally. The company operates or franchises 30 Good Times restaurants, primarily in Colorado, celebrating its heritage, which started in Boulder 37 years ago (as of 2024). They are even leaning into this with a new marketing push entitled 'Colorado Native Burgers' to focus heavily on those Colorado roots.

Quality ingredients are a core pillar, especially for the Good Times brand, which is known for featuring 100% all-natural beef and chicken. However, you have to watch the costs here; for the third fiscal quarter of 2025, food and packaging costs represented 31.3% of restaurant sales for the combined entity. Beef prices were noted as significantly elevated over the prior year during the second fiscal quarter of 2025.

Convenience is addressed differently across the portfolio. Bad Daddy's Burger Bar is a full-service concept, while Good Times leans into speed. You see modernization efforts to enhance this convenience; for instance, the Good Times brand is launching a fresh website and matching mobile app redesign as part of its new campaign. Furthermore, all company-owned Good Times locations were upgraded with digital menu boards by September 2024.

Here's a quick look at the operational scale and recent performance metrics for these value propositions as of late 2025:

Metric	Bad Daddy's Burger Bar	Good Times Burgers & Frozen Custard	Total Company (Q3 FY2025)
Restaurant Count (Latest Reporting)	40	30	N/A
Primary Service Style	Full-Service, Upscale Casual	Quick-Service, Drive-Thru	N/A
Same Store Sales (Q3 FY2025 vs. Prior Year)	Decreased 1.4%	Decreased 9.0%	N/A
Revenue Contribution	Maximum Revenue Driver	Lesser Revenue Driver	Total Revenue: $37.0 million
Key Quality Focus	Chef-Driven, Gourmet Menu	100% All-Natural Beef/Chicken	Food & Packaging Costs: 31.3% of Sales

The commitment to the distinct value proposition is clear in the unit counts and the focus of recent operational changes. You can see the difference in the performance, too; the 9.0% drop in Good Times SSS for Q3 2025 definitely contrasts with the 1.4% drop at Bad Daddy's.

The core value differentiators Good Times Restaurants Inc. is pushing include:

• Chef-driven, gourmet burgers and full bar at Bad Daddy's.
• Quick-service, all-natural burgers and signature frozen custard at Good Times.
• Focus on high-quality ingredients, including 100% all-natural beef.
• Convenience features like drive-thru and new app-based ordering integration.
• Strong regional heritage, with Good Times being a Colorado native brand.

For Bad Daddy's Burger Bar, sales for restaurants open at least 18 months averaged $2.6 million for fiscal 2024. The company ended Q3 FY2025 with $3.1 million in cash.

Finance: draft 13-week cash view by Friday.

Good Times Restaurants Inc. (GTIM) - Canvas Business Model: Customer Relationships

You're looking at how Good Times Restaurants Inc. (GTIM) connects with the people buying their food, which is critical when same-store sales are showing pressure. For the fiscal 2025 third quarter ended July 1, 2025, the customer relationship strategy was clearly being tested, with company-owned Bad Daddy's restaurants seeing same store sales decrease 1.4% and Good Times restaurants decreasing 9.0% compared to the prior year's third quarter. Year-to-date through Q3 2025, the declines were 1.2% for Bad Daddy's and 4.4% for Good Times. Still, the focus on the in-restaurant experience at Bad Daddy's Burger Bar seems to maintain a better operational margin; for the second fiscal quarter of 2025, their restaurant-level operating profit was 13.6% of sales, or approximately $3,400,000.

The company is actively trying to drive repeat business and engagement. For instance, during the fiscal month of March 2025, Good Times Restaurants Inc. featured its signature Bad Ass Margarita at a promotional price of $8. This kind of targeted pricing is a direct lever on customer purchasing behavior. Furthermore, Good Times is investing in digital touchpoints; management announced plans to launch a new brand campaign, 'Colorado Native Burgers,' which will include a fresh website and matching mobile app redesign, showing a commitment to digital customer interaction going forward.

The relationship management is segmented by concept, reflecting the different service models. Bad Daddy's aims for a high-touch, full-service dining experience, which is inherently people-driven. This is supported by the fact that Good Times Restaurants Inc. finished Q3 2025 with total restaurant-level operating profit of $4,970,000 across both concepts, showing that direct, on-site service execution is a major driver of profitability, even if sales were soft. Honestly, in this business, the people working the floor are the relationship itself.

Here's a quick look at the sales performance for the two concepts in the third quarter of fiscal 2025:

Metric	Bad Daddy's Burger Bar	Good Times Burgers & Frozen Custard
Fiscal Q3 2025 Restaurant Sales (in thousands)	$24,800 (Implied from Q2 $24.8M + Q3 Total Rev $37.0M - Q2 Rev $34.3M)	$12,200 (Implied from Q3 Total Rev $37.0M - Bad Daddy's Sales)
Fiscal Q3 2025 Same Store Sales Change	-1.4%	-9.0%
Promotional Price Point (Bad Ass Margarita)	$8 (as of March 2025)	N/A
Restaurant-Level Operating Profit Margin (Q3 FY2025)	13.6% (Q2 margin, Q3 strengthened by controls)	11.2%

The company's focus on digital modernization, including the website and mobile app redesign, is a direct effort to enhance the customer relationship outside the four walls of the restaurant, which is important when general industry data suggests that more than 70% of loyalty program members prefer to engage via mobile app. The goal is clearly to use these digital tools to support the in-store experience and drive repeat visits, which is the core of the GT Rewards program, even if specific participation numbers aren't public.

Good Times Restaurants Inc. (GTIM) - Canvas Business Model: Channels

You're looking at how Good Times Restaurants Inc. gets its product-whether it's a gourmet burger from Bad Daddy's or a frozen custard from Good Times-into the customer's hands. This is all about the physical and digital pathways they use.

Company-owned and franchised physical restaurant locations.

Good Times Restaurants Inc. operates a dual-brand system across physical locations. As of the first quarter of fiscal year 2025, Good Times Restaurants Inc. owned, operated, and licensed 40 Bad Daddy's Burger Bar restaurants. Separately, the company owned, operated, and franchised 30 Good Times Burgers & Frozen Custard restaurants primarily in Colorado. The company's total revenues for the fiscal third quarter ending July 1, 2025, were reported at $37.0 million.

Here's a look at the recent sales performance by brand, which reflects the volume moving through these locations:

Brand	Fiscal Q3 2025 Same Store Sales Change	Fiscal Q2 2025 Total Restaurant Sales
Bad Daddy's Burger Bar (Company-Owned)	Decreased 1.4%	$24.8 million
Good Times (Company-Owned)	Decreased 9.0%	$9.3 million

Drive-thru windows for the Good Times quick-service concept.

The Good Times brand is structured as a regional quick-service concept, meaning the drive-thru is a core component of its service delivery, supporting high-volume transactions for items like 100% all-natural burgers and fresh frozen custard. While specific drive-thru revenue percentages aren't broken out, the operational focus on kitchen execution and menu condensing suggests optimizing this throughput channel is key for Good Times.

Third-party delivery platforms and app-based ordering.

Good Times Restaurants Inc. utilizes third-party and app-based ordering to reach customers beyond the physical footprint. This channel is critical for capturing off-premise dining occasions, especially for the Bad Daddy's brand, which features a more complex, chef-driven menu.

• The company is focused on improving kitchen execution and consistency, which directly impacts off-premise order quality.
• Menu engineering efforts, like the success of smash patty burgers, are designed to work across all service methods.

Outdoor, social, and streaming video advertising for new campaigns.

The marketing channel mix is actively being adjusted to align with modern consumer viewing habits. The company is shifting advertising spend away from traditional radio. Specifically, management noted a shift toward:

• Social media advertising.
• Digital advertising.
• Connected TV (CTV) ads.
• Outdoor advertisements.

A new brand campaign, titled 'Colorado Native Burgers,' is set to launch following the third quarter results, emphasizing the company's Colorado roots.

Full-service dining rooms and bars at Bad Daddy's.

Bad Daddy's Burger Bar is positioned as a full-service concept, relying on the in-restaurant experience. This channel includes the dining room and a full bar focusing on local and craft beers. The profitability of this channel is closely monitored:

• Bad Daddy's Restaurant-level operating profit in the second fiscal quarter of 2025 was approximately $3.4 million, representing 13.6% of sales.
• In the first fiscal quarter of 2025, the operating profit margin for Bad Daddy's was 12.6% of sales ($3.3 million).

The success of beverage offerings, such as the $8 Badass Margaritas and Zero Proof cocktails, directly contributes to the revenue stream through this full-service bar channel.

Finance: draft 13-week cash view by Friday.

Good Times Restaurants Inc. (GTIM) - Canvas Business Model: Customer Segments

You're looking at the distinct customer groups Good Times Restaurants Inc. serves across its two primary brands as of late 2025. The segmentation clearly divides between the fast-casual and the full-service casual dining experiences.

Quick-service customers seeking better-quality fast food (Good Times) are targeted by the Good Times Burgers & Frozen Custard brand. This segment seeks convenience coupled with higher-quality ingredients, such as 100% all-natural burgers and fresh frozen custard desserts. For the fiscal 2025 third quarter ended July 1, 2025, the Good Times brand experienced same store sales that decreased by 9.0% compared to the prior year quarter. Year-to-date for the same period, same store sales for Good Times decreased by 4.4%. In the second fiscal quarter of 2025, company-owned Good Times restaurant sales were $9.3 million, an increase of approximately $500,000 over the prior year second quarter.

Casual dining patrons wanting gourmet burgers and craft beer (Bad Daddy's) are served by Bad Daddy's Burger Bar. This concept targets a broader base looking for a chef-driven menu, gourmet signature burgers, chopped salads, and a full bar featuring local and craft beers in a high-energy setting. For the fiscal 2025 third quarter, company-owned Bad Daddy's restaurants saw same store sales decrease by 1.4%. Year-to-date through Q3 Fiscal 2025, Bad Daddy's same store sales decreased by 1.2%. In the second fiscal quarter of 2025, Bad Daddy's chain sales were $24.8 million, a decrease of $1.6 million compared to the prior year period.

The regional focus for the quick-service concept is heavily concentrated. Good Times Restaurants Inc. owns, operates, and franchises 30 Good Times Burgers & Frozen Custard restaurants primarily in Colorado as of the third quarter of fiscal 2025. As of July 2023, the chain operated 31 locations, with 29 in Colorado and 2 in Wyoming.

The casual dining brand, Bad Daddy's, shows a clear geographic strategy. While the first location started in Charlotte, NC, in 2007, the brand is noted as expanding Southeast US market focus, which includes states like NC, SC, GA, AL, TN, and OK. This brand appeals to a broad consumer base, suggesting a wider demographic reach than the more localized QSR brand.

The overarching customer base for Good Times Restaurants Inc. consists of families and individuals looking for convenient, quality meals, segmented by the service style they prefer. The Q1 Fiscal 2025 results showed Bad Daddy's same-store sales increased by 1.5% while Good Times same-store sales were unchanged, indicating different immediate customer traffic patterns across the segments in that period.

Here's a quick look at the recent performance metrics for these two distinct customer segments:

Segment Metric (Q3 FY2025 Ended July 1, 2025)	Good Times (QSR)	Bad Daddy's (Casual Dining)
Same Store Sales Change (Quarterly)	-9.0%	-1.4%
Same Store Sales Change (Year-to-Date)	-4.4%	-1.2%
Approximate Q2 2025 Sales	$9.3 million	$24.8 million
Primary Geographic Focus	Primarily Colorado	Expanding in Southeast US (NC origin)

The Q1 2025 results showed Bad Daddy's margins improved due to menu engineering efforts like the Smash Patty Burgers, which suggests this customer segment is responsive to premium, higher-profitability menu items. Conversely, Good Times margins declined in Q1 2025 due to elevated staffing costs.

• Good Times Q1 2025 Same Store Sales: 0% (unchanged).
• Bad Daddy's Q1 2025 Same Store Sales Increase: 1.5%.
• Good Times Q2 2025 Same Store Sales Decline: 3.6%.
• Bad Daddy's Q2 2025 Same Store Sales Decline: 3.7%.

Finance: draft 13-week cash view by Friday.

Good Times Restaurants Inc. (GTIM) - Canvas Business Model: Cost Structure

You're looking at the core expenses that drive Good Times Restaurants Inc.'s operations, which is key for understanding margin pressure, especially with the recent commodity and labor inflation trends we've seen.

The cost structure for Good Times Restaurants Inc. is heavily weighted toward direct operating costs, as you'd expect for a multi-brand restaurant operator. For the third quarter of fiscal 2025, the company reported total revenues of $37.0 million.

Here is a breakdown of the key variable costs as a percentage of restaurant sales for Q3 2025:

Cost Category	Percentage of Restaurant Sales (Q3 2025)	Estimated Dollar Amount (Based on $37.0M Q3 Revenue)
Payroll and benefits costs	34.2%	$12,654,000
Food and packaging costs	31.5%	$11,655,000
Restaurant occupancy costs (Rent and utilities)	8.6%	$3,182,000

Labor remains the single largest cost component, coming in at 34.2% of restaurant sales for Q3 2025, which was an increase of 150 basis points from the prior year quarter. Food and packaging costs were also a significant driver, set at 31.5% of sales for the period.

General and administrative (G&A) expenses are managed separately from direct restaurant costs. For the full fiscal year 2025, Good Times Restaurants Inc. is targeting G&A expenses to run between 6% and 7% of full-year revenue. To give you a concrete look at a recent quarter, combined G&A expenses for Q3 2025 were actually reported at 5.9% of total revenues, or $2.2 million.

Capital allocation for physical assets focuses on maintaining and upgrading the existing footprint. The plan for capital expenditures (CapEx) includes specific investments in the Good Times brand:

• 10 Good Times units slated for remodel during fiscal 2025.
• Ongoing maintenance CapEx is generally budgeted at roughly 1% of sales.
• Q3 2025 CapEx incurred was $200,000 related to restaurant remodel and signage projects.

The company is prioritizing finishing this round of Good Times remodels while being more reserved on special project CapEx to accumulate cash reserves.

Good Times Restaurants Inc. (GTIM) - Canvas Business Model: Revenue Streams

You're looking at how Good Times Restaurants Inc. brings in its money as of late 2025. The revenue picture is dominated by direct restaurant sales from its two distinct concepts, Bad Daddy's Burger Bar and Good Times Burgers & Frozen Custard.

Total Revenues for Q3 2025 were $37.0 million, which was a 2.4% decrease compared to the fiscal 2024 third quarter. This top-line figure is the sum of sales from both brands plus smaller revenue sources like fees.

The primary revenue driver is the company-owned restaurant operations. Bad Daddy's Burger Bar, positioned as a full-service dining specialty burger bar, generated the maximum revenue segment-wise. The Good Times brand, operating as a quick-service drive-thru concept, contributes the remainder of the core restaurant sales.

Here is the breakdown of the primary revenue components for the third quarter of fiscal 2025:

Revenue Stream Component	Q3 2025 Amount (in millions)
Restaurant sales from Bad Daddy's Burger Bar locations	$26.5 million
Restaurant sales from Good Times Burgers & Frozen Custard locations	$10.4 million
Franchise and licensing fees from non-company-owned units	$0.1 million
Total Revenues	$37.0 million

The structure of the revenue streams reflects the dual-brand strategy. While Bad Daddy's is the larger revenue generator, the company also relies on its established Good Times brand, which has a significant footprint in Colorado. The franchise and licensing fees are a smaller, but important, component of the total revenue picture.

You should also note the performance metrics that impact these sales figures:

• Same store sales for company-owned Bad Daddy's restaurants decreased 1.4% for the quarter.
• Same store sales for company-owned Good Times restaurants decreased 9.0% for the quarter.
• Year-to-date same store sales decreased 1.2% for Bad Daddy's and 4.4% for Good Times.
• The company owned and/or licensed 40 Bad Daddy's restaurants across seven states.
• The company owned and/or franchised 30 Good Times restaurants, with 28 in Colorado.

Sales from alcohol and bar service at Bad Daddy's locations are embedded within the $26.5 million restaurant sales figure, as Bad Daddy's is the full-service concept where bar service is expected. No separate dollar amount for alcohol sales was reported for the quarter.