Press Release
October 16, 2000
GOLDEN, CO -- Good Times Restaurants Inc.(Nasdaq: GTIM) has announced it has entered into a licensing agreement
with Winter Park Resort.
Good Times will license Winter Park to sell Good Times' products at its West Portal Station food court at the ski
area's base. The agreement also provides for the option for future operations of Good Times at the Snoasis and
Mary Jane facilities.
Boyd Hoback, President and CEO said: ``We are very pleased to be a part of Winter Park's branding concept. This
is a terrific opportunity to get our name and our product out in front of the approximately one million skiers
that visit Winter Park annually. Good Times has built its reputation on the best-tasting hamburgers and products
and we fit well with their goal of having high-quality, Colorado-based companies complementing their own food and
beverage services. We have very high awareness amongst front range skiers and are very optimistic about operating
in a high-volume opportunity at Winter Park. The demographics of our core customer base matches up very closely
to that of the front range skier.''
He added that Good Times expects to be open for this year's ski season prior to Thanksgiving and will be the 35th
Good Times operation.
Certain statements in this release that are not historical facts may be forward-looking statements. Actual events
may differ materially from those projected in any forward-looking statement. There are a number of important factors
involving risks and uncertainties beyond the control of the Company that could cause actual events to differ materially
from those expressed or implied by such statements, particularly the development schedule and average sales per
restaurant. A description of risks and uncertainties attendant to Good Times Restaurants Inc. and its industry
and other factors which could affect the Company's financial results are included in the Company's Securities and
Exchange Commission Filings.
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Contact:
Good Times Restaurants Inc.
Boyd E. Hoback, President & CEO
303/384-1411
Christi Pennington, Investor Relations
303/384-1440