Good Times Announces the Retention of QSR Consulting Group

By: Good Times | 0 Shares 80 Reads

GOLDEN, Colo.--(BUSINESS WIRE)--Good Times Restaurants Inc. (NASDAQ: GTIM - News) today announced that they have retained QSR Consulting Group, Inc. to continue to assist with menu pricing strategies for the coming fiscal year that begins October 1.

Commenting on their relationship with QSR Consulting Group, Boyd Hoback, President and CEO, said: "Faced with minimum wage increases and escalating commodity costs, our Good Times Burgers & Frozen Custard restaurants prioritize 'Menu Value' for our guests. The QSR Consulting Group pricing strategies we've incorporated into our restaurants have delivered real increases in revenue and profitability without detrimental changes to menu mix or transactions. We look forward to our continued relationship with QSR Consulting Group through the coming year."

Good Times Burgers & Frozen Custard has 54 restaurants, mostly in Colorado, serving high-quality, 100% all-natural Coleman beef burgers, chicken sandwiches, and fresh frozen custard. QSR Consulting Group, Inc. (www.qsrconsultinggroup.com) is based in Coronado, California and specializes in developing menu pricing strategies that deliver incremental profitability and enhanced Menu Value.

This press release contains forward looking statements within the meaning of federal securities laws. The words "intend" "plans" 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 pending and uncertain nature of current expansion and 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-KSB for the fiscal year ended September 30, 2006 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.

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