Good Times Restaurants Inc is a Nevada corporation organized in 1987. The Company is essentially a holding company for its wholly owned subsidiary, Good Times Drive Thru Inc., which is engaged in the business of developing, owning, operating and franchising hamburger-oriented drive-through restaurants under the name Good Times Burgers & Frozen Custard. The Company's restaurants are located in the front-range communities of Colorado but it also has franchised restaurants in Idaho, North Dakota and Wyoming. It competes with a number of other hamburger-oriented fast food restaurants in the areas in which it operates. Many of these restaurants are owned and operated by regional and national restaurant chains. Restaurant companies that currently compete with Good Times in the Denver market include McDonald's, Burger King, Wendy's, Carl's Jr., Sonic and Jack in the Box. Each Good Times restaurant is subject to the regulations of various health, sanitation, safety and fire agencies in the jurisdiction in which the restaurant is located. The Company is subject to the regulations of various health, sanitation, safety and fire agencies in the jurisdiction in which the restaurant is located.
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