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CONSOLIDATED BALANCE SHEETS (USD $)
Sep. 30, 2011
Sep. 30, 2010
CURRENT ASSETS:    
Cash and cash equivalents $ 847,000 $ 429,000
Receivables, net of allowance for doubtful accounts of $0 106,000 157,000
Prepaid expenses and other 47,000 38,000
Inventories 191,000 201,000
Notes receivable 5,000 9,000
Total current assets 1,196,000 834,000
PROPERTY AND EQUIPMENT    
Land and building 6,969,000 5,653,000
Leasehold improvements 3,617,000 3,821,000
Fixtures and equipment 7,669,000 8,229,000
Property, Plant and Equipment, Gross, Total 18,255,000 17,703,000
Less accumulated depreciation and amortization (12,533,000) (12,828,000)
Property, Plant and Equipment, Net, Total 5,722,000 4,875,000
Assets held for sale   2,445,000
OTHER ASSETS:    
Notes receivable, net of current portion 10,000 10,000
Deposits and other assets 71,000 154,000
Other Assets, Noncurrent, Total 81,000 164,000
TOTAL ASSETS 6,999,000 8,318,000
CURRENT LIABILITIES:    
Current maturities of long-term debt and capital lease obligations, net of discount of $26,000 and $48,000, respectively 195,000 702,000
Accounts payable 496,000 716,000
Deferred income 101,000 89,000
Liabilities related to discontinued operations 14,000 20,000
Other accrued liabilities 878,000 1,176,000
Total current liabilities 1,684,000 2,703,000
LONG-TERM LIABILITIES:    
Debt and capital lease obligations, net of current portion and net of discount of $7,000 and $33,000, respectively 2,067,000 3,005,000
Liabilities related to discontinued operations 82,000 123,000
Deferred liabilities 646,000 793,000
Total long-term liabilities 2,795,000 3,921,000
COMMITMENTS AND CONTINGENCIES (Notes 4 and 6)      
Good Times Restaurants Inc stockholders' equity:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, none issued and outstanding as of September 30, 2011 and 2010      
Common stock, $.001 par value; 50,000,000 shares Authorized, 2,726,214 and 1,299,520 shares issued and outstanding as of September 30, 2011 and 2010, respectively 8,000 4,000
Capital contributed in excess of par value 19,977,000 18,153,000
Accumulated deficit (17,680,000) (16,737,000)
Total Good Times Restaurants Inc stockholders' equity 2,305,000 1,420,000
Non-controlling interest in partnerships 215,000 274,000
Total stockholders' equity 2,520,000 1,694,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 6,999,000 $ 8,318,000