Good Times Restaurants Inc. (NASDAQ: GTIM) today announced the opening of its newest Good Times Burgers & Frozen Custard in the Firestone City Centre located at Firestone Boulevard and I-25 in Firestone, Colorado. Firestone City Centre is an upscale, family friendly environment North of Denver and South of Ft. Collins. This area of the I-25 corridor is experiencing the highest growth of any residential market in Colorado presently.
Boyd E. Hoback, President and CEO said, "We are excited about joining a successful new center anchored by American Furniture Warehouse and Home Depot at one of the highest traffic volume intersections in the state. We built our newest prototype designed store with a revised floorplan, décor package and exterior brand elements that we anticipate will provide both an elevated customer experience and improved labor efficiencies. This site fills a key trade area for us in a fast-growing part of the Front Range market."
The new location incorporates several industry "Green Standards" for efficient energy use and sustainable, recycled materials. For example, a majority of the lighting is energy efficient florescent or LEDs. Also, the metal paneling is made from 75% recycled materials.
Good Times Burgers & Frozen Custard has 52 restaurants, mostly in Colorado serving high-quality, 100% all-natural beef burgers, chicken sandwiches, and fresh frozen custard.
This press release contains forward looking statements within the meaning of federal securities laws. The word "intend" 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 uncertain nature of current 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, 2007 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.
