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Consolidated Balance Sheets (USD $)
Sep. 30, 2012
Sep. 30, 2011
CURRENT ASSETS:    
Cash and cash equivalents $ 616,000 $ 847,000
Preferred stock sale receivable 1,500,000  
Assets held for sale 1,380,000  
Receivables, net of allowance for doubtful accounts of $0 145,000 106,000
Prepaid expenses and other 53,000 47,000
Inventories 159,000 191,000
Notes receivable 5,000 5,000
Total current assets 3,858,000 1,196,000
PROPERTY AND EQUIPMENT    
Land and building 4,887,000 6,969,000
Leasehold improvements 3,241,000 3,617,000
Fixtures and equipment 7,369,000 7,669,000
Property, Plant and Equipment, Gross, Total 15,497,000 18,255,000
Less accumulated depreciation and amortization (12,415,000) (12,533,000)
Property, Plant and Equipment, Net, Total 3,082,000 5,722,000
OTHER ASSETS:    
Notes receivable, net of current portion 15,000 10,000
Deposits and other assets 106,000 71,000
Other Assets, Noncurrent, Total 121,000 81,000
TOTAL ASSETS 7,061,000 6,999,000
CURRENT LIABILITIES:    
Current maturities of long-term debt and capital lease obligations, net of discount of $7,000 and $26,000, respectively 1,586,000 195,000
Accounts payable 493,000 496,000
Deferred income 75,000 101,000
Other accrued liabilities 856,000 892,000
Total current liabilities 3,010,000 1,684,000
LONG-TERM LIABILITIES:    
Debt and capital lease obligations, net of current portion and net of discount of $0 and $7,000, respectively 139,000 2,067,000
Deferred and other liabilities 652,000 728,000
Total long-term liabilities 791,000 2,795,000
COMMITMENTS AND CONTINGENCIES (Notes 5 and 7)      
Good Times Restaurants Inc stockholders' equity:    
Preferred stock, $.001 par value; 5,000,000 shares authorized, 355,451 and 0 issued and outstanding as of September 30, 2012 and 2011, respectively (liquidation preference $1,500,000) 1,000  
Common stock, $.001 par value; 50,000,000 shares authorized, 2,726,214 shares issued and outstanding as of September 30, 2012 and 2011 3,000 3,000
Capital contributed in excess of par value 21,510,000 19,982,000
Accumulated deficit (18,457,000) (17,680,000)
Total Good Times Restaurants Inc stockholders' equity 3,057,000 2,305,000
Non-controlling interest in partnerships 203,000 215,000
Total stockholders' equity 3,260,000 2,520,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 7,061,000 $ 6,999,000