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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2011
Sep. 30, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 758,000 $ 847,000
Receivables, net of allowance for doubtful accounts of $0 71,000 106,000
Prepaid expenses and other 32,000 47,000
Inventories 187,000 191,000
Notes receivable 4,000 5,000
Total current assets 1,052,000 1,196,000
PROPERTY AND EQUIPMENT, at cost:    
Land and building 6,716,000 6,969,000
Leasehold improvements 3,564,000 3,617,000
Fixtures and equipment 7,535,000 7,669,000
Property, Plant and Equipment, Gross, Total 17,815,000 18,255,000
Less accumulated depreciation and amortization (12,526,000) (12,533,000)
Property, Plant and Equipment, Net, Total 5,289,000 5,722,000
OTHER ASSETS:    
Notes receivable, net of current portion 17,000 10,000
Deposits and other assets 74,000 71,000
Other Assets, Noncurrent, Total 91,000 81,000
TOTAL ASSETS 6,432,000 6,999,000
CURRENT LIABILITIES:    
Current maturities of long-term debt, net of discounts of $26,000 and $26,000 respectively 203,000 195,000
Accounts payable 432,000 496,000
Deferred income 66,000 101,000
Liabilities related to discontinued operations 14,000 14,000
Other accrued liabilities 938,000 878,000
Total current liabilities 1,653,000 1,684,000
LONG-TERM LIABILITIES:    
Debt, net of current portion and net of discounts of $0 and $7,000, respectively 1,896,000 2,067,000
Liabilities related to discontinued operations 79,000 82,000
Deferred liabilities 640,000 646,000
Total long-term liabilities 2,615,000 2,795,000
Good Times Restaurants Inc stockholder's equity:    
Preferred stock, $.01 par value; 5,000,000 shares authorized, none issued and outstanding as of December 31, 2011 and September 30, 2011      
Common stock, $.001 par value; 50,000,000 shares authorized 2,726,214 shares issued and outstanding as of December 31, 2011 and September 30, 2011 8,000 8,000
Capital contributed in excess of par value 19,992,000 19,977,000
Accumulated deficit (18,047,000) (17,680,000)
Total Good Times Restaurants Inc stockholders' equity 1,953,000 2,305,000
Non-controlling interest in partnerships 211,000 215,000
Total stockholders' equity 2,164,000 2,520,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 6,432,000 $ 6,999,000