Good Times Restaurants Acquires Top Franchise Restaurant

Good Times Restaurants

today announced it has acquired the real and personal property related to a high volume restaurant that has been operated by one of its franchisees for a total purchase price of $1,250,000. Boyd Hoback, President and CEO, said, “This was a great opportunity for our franchisee to take advantage of 2012 tax rates and create a liquidity event based on the hard work he's put in over the last several years. It's a great opportunity for us to acquire at a reasonable cost a high volume, very profitable restaurant that has been maintained and operated at a very high level.” The Company