Good Times Restaurants (GTIM) 10-Q 14 Aug 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Jun. 30, 2015	Aug. 14, 2015
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Trading Symbol	GTIM
Entity Registrant Name	GOOD TIMES RESTAURANTS INC
Entity Central Index Key	825,324
Current Fiscal Year End Date	--09-30
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		12,245,549

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
CURRENT ASSETS:
Cash and cash equivalents	$ 15,187	$ 9,894
Receivables, net of allowance for doubtful accounts of $0	246	150
Prepaid expenses and other	187	55
Inventories	453	282
Notes receivable	57	10
Total current assets	16,130	10,391
PROPERTY, EQUIPMENT AND CAPITAL LEASES
Land and building	4,970	4,736
Leasehold improvements	8,307	4,710
Fixtures and equipment	11,511	8,796
Total property, equipment and capital leases	24,788	18,242
Less accumulated depreciation and amortization	(13,341)	(12,488)
Total net property, equipment and capital leases	11,447	5,754
OTHER ASSETS:
Notes receivable	74	82
Investment in affiliate	0	502
Trademarks	3,900	0
Other intangibles, net	127	0
Goodwill	15,070	96
Deposits and other assets	128	56
Total other assets	19,299	736
TOTAL ASSETS	46,876	16,881
CURRENT LIABILITIES:
Current maturities of long-term debt and capital lease obligations	2,624	69
Accounts payable	1,500	1,085
Deferred income	25	88
Other accrued liabilities	1,882	1,308
Total current liabilities	6,031	2,550
LONG-TERM LIABILITIES:
Capital lease obligations due after one year	18	42
Long-term debt due after one year	1,135	177
Deferred and other liabilities	1,494	791
Total long-term liabilities	2,647	1,010
Good Times Restaurants, Inc. stockholders' equity:
Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding as of June 30, 2015 and September 30, 2014	0	0
Common stock, $.001 par value; 50,000,000 shares authorized, 12,245,549 and 8,256,591 shares issued and outstanding as of June 30, 2015 and September 30, 2014, respectively	12	8
Capital contributed in excess of par value	57,277	33,047
Accumulated deficit	(20,752)	(20,013)
Total Good Times Restaurants, Inc. stockholders' equity	36,537	13,042
Non-controlling interest in partnerships	1,661	279
Total stockholders' equity	38,198	13,321
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 46,876	$ 16,881

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)	Jun. 30, 2015	Sep. 30, 2014
CONDENSED CONSOLIDATED BALANCE SHEETS [Abstract]
Receivables, allowance for doubtful accounts	$ 0	$ 0
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, issued	0	0
Preferred stock, outstanding	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, shares authorized	50,000,000	50,000,000
Common stock, shares issued	12,245,549	8,256,591
Common stock, shares outstanding	12,245,549	8,256,591

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
NET REVENUES:
Restaurant sales	$ 12,772	$ 7,391	$ 29,165	$ 19,226
Franchise fees and royalties	165	109	342	275
Total net revenues	12,937	7,500	29,507	19,501
RESTAURANT OPERATING COSTS:
Food and packaging costs	4,137	2,497	9,760	6,472
Payroll and other employee benefit costs	4,107	2,319	9,553	6,283
Restaurant occupancy and other operating costs	2,003	1,166	4,797	3,282
Preopening costs	156	80	578	449
Depreciation and amortization	351	167	813	448
Total restaurant operating costs	10,754	6,229	25,501	16,934
General and administrative costs	1,114	647	2,876	1,894
Advertising costs	343	292	898	779
Acquisition costs	365	0	562	0
Franchise costs	32	22	85	64
Gain on restaurant asset sale	(7)	(6)	(19)	(18)
Income (loss) From Operations	336	316	(396)	(152)
Other Income (Expenses):
Interest income (expense), net	(21)	2	(22)	5
Affiliate investment expense	(18)	(44)	(5)	(157)
Other income (loss)	(2)	(2)	(5)	(8)
Total other expenses, net	(41)	(44)	(32)	(160)
NET INCOME (LOSS)	295	272	(428)	(312)
Income attributable to non-controlling interests	(188)	(110)	(311)	(229)
NET INCOME (LOSS) ATTRIBUTABLE TO GOOD TIMES RESTAURANTS, INC	107	162	(739)	(541)
Preferred stock dividends	0	0	0	(59)
NET INCOME (LOSS) ATTRIBUTABLE TO COMMON SHAREHOLDERS	$ 107	$ 162	$ (739)	$ (600)
BASIC AND DILUTED INCOME PER SHARE:
Net income (loss) attributable to Common Shareholders	$ 0.01	$ 0.02	$ (0.07)	$ (0.11)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic	11,144,262	6,870,145	9,924,190	5,649,110
Diluted	11,534,951	7,376,405	9,924,190	5,649,110

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (428,000)	$ (312,000)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	868,000	483,000
Accretion of deferred rent	91,000	22,000
Amortization of lease incentive obligation	(26,000)	0
Stock based compensation expense	317,000	97,000
Affiliate investment loss	5,000	157,000
Recognition of deferred gain on sale of restaurant building	(19,000)	(19,000)
Change in:
Receivables and other	35,000	(62,000)
Inventories	(38,000)	(34,000)
Deposits and other	(96,000)	(54,000)
Change in:
Accounts payable	209,000	99,000
Accrued liabilities and deferred income	89,000	81,000
Net cash provided by operating activities	1,007,000	458,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Investment in affiliate	0	(375,000)
Payments for the purchase of property and equipment	(4,372,000)	(2,304,000)
Proceeds from sale leaseback transactions	1,521,000	0
Acquisition of BDI, net of cash acquired	(17,612,000)	0
Payments received from franchisees and others	7,000	0
Net cash used in investing activities	(20,456,000)	(2,679,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds (costs) from stock sale	20,651,000	(31,000)
Proceeds from warrant exercises, net	3,221,000	4,559,000
Proceeds from stock option exercises	45,000	12,000
Principal payments on notes payable and long-term debt	(88,000)	$ (32,000)
Borrowings on notes payable and long-term debt	1,118,000
Preferred dividends paid	0	$ (59,000)
Net distributions paid to non-controlling interests	(205,000)	(183,000)
Net cash provided by financing activities	24,742,000	4,266,000
NET CHANGE IN CASH AND CASH EQUIVALENTS	5,293,000	2,045,000
CASH AND CASH EQUIVALENTS, beginning of period	9,894,000	6,143,000
CASH AND CASH EQUIVALENTS, end of period	15,187,000	8,188,000
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for interest	36,000	$ 6,000
Non-cash purchase of property and equipment	2,459,000
Preferred dividends declared	$ 0	$ 59,000

Basis of Presentation

Basis of Presentation	9 Months Ended
	Jun. 30, 2015
Basis of Presentation [Abstract]
Basis of Presentation	Note 1. Basis of Presentation In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all of the normal recurring adjustments necessary to present fairly the financial position of the Company as of June 30, 2015 and the results of its operations and its cash flows for the three and nine month periods ended June 30, 2015. Operating results for the three and nine month period ended June 30, 2015 are not necessarily indicative of the results that may be expected for the year ending September 30, 2015. The condensed consolidated balance sheet as of September 30, 2014 is derived from the audited financial statements, but does not include all disclosures required by generally accepted accounting principles. The accompanying unaudited condensed consolidated financial statements include the accounts of Good Times Restaurants, Inc and its wholly-owned subsidiaries, Good Times Drive Thru, Inc. (“Drive Thru”), BD of Colorado, LLC (“BD of Colo”), Bad Daddy's Franchise Development, LLC (“BDFD”) and Bad Daddy's International, LLC (“BDI”), as of June 30, 2015. All significant intercompany balances and transactions have been eliminated in consolidation. Drive Thru is engaged in the business of developing, owning, operating and franchising hamburger-oriented drive-through restaurants under the name Good Times Burgers & Frozen Custard. Reclassification – Certain prior year balances have been reclassified to conform to the current year's presentation.

Business Combinations

Business Combinations	9 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Business Combinations	Note 2. The Company believes the Bad Daddy Burger Bar brand has significant growth potential and can be expanded beyond its current regional footprint. In order to acquire control over the Bad Daddy's Burger Bar brand to take advantage of this growth potential, on April 28, 2015, the Company entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) to purchase from five sellers all of the membership interests in BDI, a North Carolina limited liability company. BDI owns all of the member interests in four limited liability companies, each of which owns and operates a Bad Daddy's Burger Bar restaurant in North Carolina. In addition, BDI owns a portion of the member interests in three other limited liability companies, each of which also owns a Bad Daddy's Burger Bar restaurant in North Carolina. BDI also owns the intellectual property associated with the Bad Daddy's Burger Bar concept and owns 52 48 498,000 The aggregate price paid by the Company for the purchase of BDI was $ 21,407,000 18,988,000 one 3.25 2,419,000 The total price paid is subject to adjustments for the final calculation of the net working capital balance. 50 The Company has incurred non-recurring costs of $ 365,000 562,000 The preliminary estimated fair values of the assets acquired and liabilities assumed for the acquisition approximated the following (in thousands): Allocated Fair Value Cash $ 1,376 Receivables 124 Prepaid expenses and other 49 Inventories 133 Deposits 52 Property and equipment 3,672 Trademarks 3,900 Franchise agreements 116 Non-compete agreements 15 Goodwill 14,974 Total assets purchased 24,411 Accounts payable and other accrued liabilities (749) Unfavorable lease liability (481) Non-controlling interests in partnerships (1,276) Total liabilities assumed (2,506) Investment in BDFD balance (498) Total purchase price $ 21,407 Cash $ 18,988 Notes payable 2,419 Total purchase price $ 21,407 Included in the consolidated statement of operations for the three and nine months ended June 30, 2015 are revenues of $ 3,002,000 147,000 Estimates of acquired goodwill and identifiable intangible assets related to the acquisition are as follows (in thousands): Estimated Fair Value Weighted Average Estimated Useful Life (yrs) Trademarks and trade names $ 3,900 Indefinite Franchise Agreements 116 3 9 Non-Compete Agreements 15 3 Goodwill, including assembled workforce 14,974 Indefinite The table below presents the proforma revenue and net income for the three and nine months ended June 30, 2015 and 2014, assuming the acquisition had occurred on October 1, 2013. Three Months Ended Nine months Ended June 30, (1) June 30, (2) 2015 2014 2015 2014 Revenues $ 14,825 $11,476 $39,866 $30,016 Net income (loss) $ 641 $ 596 $409 $(178) Net income (loss) attributable to Good Times Restaurants, Inc. $ 480 $ 474 $ 131 $ (162) Net income (loss)attributable to common shareholders $ 480 $ 474 $ 131 $ (221) Basic income (loss) per share $ .04 $ .07 $ .01 $( .04) Diluted income (loss) per share $ .04 $ .06 $ .01 $( .04) (1) Net loss during the three months ended June 30, 2015 excludes acquisition related costs of $ 365,000 (2) Net loss during the nine months ended June 30, 2015 excludes acquisition related costs of $ 562,000

Investment in Affiliate

Investment in Affiliate	9 Months Ended
	Jun. 30, 2015
Investment in Affiliate [Abstract]
Investment in Affiliate	Note 3 . Investment in Affiliate On April 1 5 , 20 13 , the Company executed a Subscription Agreement for the purchase of 4,800 BDFD , representing a 48 non-controlling voting membership interest in BDFD , for the aggregate subscription price of $ 750,000 was payable in two . T he first $ 375,000 was paid on the date of execution of the Subscription Agreement and the remaining $ 375,000 installment was paid in December 2013 . As explained in Note 2 above, the Company acquired the remaining 52 for this investment using the equity method. For the nine month periods ending June 30, 2015 and 201 4 the Company recorded net income of $ 13,000 and a net loss of ( $ 113,000) , r espectively, for its share of BDFD's operating results.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets [Abstract]
Goodwill and Intangible Assets	Note 4 . Goodwill and Intangible Assets The following table presents goodwill and intangible assets as of June 30, 2015 and September 30, 2014 (in thousands): June 30, 2015 September 30, 2014 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Intangible assets subject to amortization Franchise rights 116 (3 ) 113 0 0 0 Non-compete agreements 15 (1 ) 14 0 0 0 $ 131 $ (4 ) $ 127 $ 0 $ 0 $ 0 Indefinite-lived intangible assets: Trademarks $ 3,900 $ 0 $ 3,900 $ 0 $ 0 $ 0 Intangible assets, net $ 4,031 $ (4 ) $ 4,027 $ 0 $ 0 $ 0 Goodwill $ 15,070 $ 0 $ 15,070 $ 96 $ 0 $ 96 The Company had no goodwill impairment losses in the periods presented in the above table or any prior periods. There were no impairments to intangible assets during t he three and nine month periods ended June 30, 2015 and June 30, 2014. The aggregate amortization expense related to intangible assets subject to amortization was $ 4,000 0 and nine month periods ended June 30, 2015 and June 30, 2014, respectively. The estimated aggregate future amortization expense as of June 30, 2015 is as follows, (in thousands): Remainder of 2015 $ 10 2016 28 2017 28 2018 19 2019 10 Thereafter 32 $ 127

Common Stock

Common Stock	9 Months Ended
	Jun. 30, 2015
Common Stock [Abstract]
Common Stock	Note 5. On January 26, 2015, the Company filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission ("SEC") which was declared effective by the SEC on March 25, 2015. The registration statement allows the Company to issue common stock from time to time up to an aggregate amount of $ 75 On January 29, 2015, the Company filed an Amendment No. 1 to the Initial Registration Statement on Form S-1 which registered for sale 2,094,236 On July 17, 2015, the Company filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission that replaces a prior S-1 registration statement originally filed on September 5, 2014 with certain post-effective amendments for the same underlying shares, less any shares that were previously sold. On September 5, 2014, the registrant filed with the Securities and Exchange Commission a registration statement on Form S-1, which was subsequently amended by Amendment No. 1 to Form S-1, filed on September 23, 2014 and declared effective on September 24, 2014, and Post-Effective Amendment No. 1 to Form S-1, filed on January 29, 2015 and declared effective on February 4, 2015. 2,094,236 0.01 On May 7, 2015, the Company completed a public offering of 2,783,810 8.15 20.6

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Jun. 30, 2015
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 6 . Stock-Based Compensation S tock-based compensation is measured at the grant date, based on the calculated fair value of the award, and is recognized as an expense over the requisite service period (generally the vesting period of the grant ) . Our net loss for the nine month periods ended June 30, 2015 and June 30, 2014 include s $ 317,000 and $ 97,000 , respectively, of compensation costs related to our stock-based compensation arrangements. Stock Option awards The Company measures the compensation cost associated with stock option awards by estimating the fair value of the award as of the grant date using the Black-Scholes pricing model. The Company believes that the valuation technique and the approach utilized to develop the underlying assumptions are appropriate in calculating the fair values of the Company's stock options and stock awards granted during fiscal 201 4 and 2015 . Estimates of fair value are not intended to predict actual future events or the value ultimately realized by the employees who receive equity awards. During the nine months ended June 30, 2015 , the Company granted a total of 80,871 non-statutory stock options and a total of 110,063 with exercise prices between of $ 7.79 and $ 9.17 $ 5.85 and $ 6.88 During the nine months ended June 30, 2014 the Company granted 89,500 from available shares under its 2008 Plan, as amended, with an exercise price of $ 2.48 2.12 In addition to the exercise and grant date prices of the stock option awards, certain weighted average assumptions that were used to estimate the fair value of stock option grants are listed in the following table: Fiscal 201 5 Incentive Stock Options Fiscal 201 5 Non-Statutory Stock Options Fiscal 2014 Incentive Stock Options Expected term (years) 6.5 6.5 6.5 Expected volatility 87.40 % 87.40 % 112.1 % Risk-free interest rate 1.85 % 1.85 % 1.94 % Expected dividends 0 0 0 We estimate expected volatility based on historical weekly price changes of our common stock for a period equal to the current expected term of the options. The risk-free interest rate is based on the United States treasury yields in effect at the time of grant corresponding with the expected term of the options. The expected option term is the number of years we estimate that options will be outstanding prior to exercise considering vesting schedules and our historical exercise patterns. The following table summarizes stock option activity for the nine month period ended June 30, 2015 under all plans: Shares Weighted Average Exercise Price Weighted Avg . Remaining Contractual Life (Yrs.) Outstanding-beg of year 396,910 $ 3.87 Options granted 190,934 $ 7.83 Options exercised (22,550 ) $ 2.01 Forfeited 0 Expired (11,853 ) $ 9.33 Outstanding June 30, 2015 553,441 $ 5.20 7.6 Exercisable June 30, 2015 162,586 $ 5.56 4.8 As of June 30, 2015 , the aggregate intrinsic value of the outstanding and exercisable options was $ 2,306,000 833,000 As of June 30, 2015 , the total remaining unrecognized compensation cost related to non-vested stock options was $ 1,130,000 and is expected to be recognized over a weighted average period of approximately 2.83 years. There were 22,548 45,000 Restricted Stock Grants During the nine months ended June 30, 2015, the Company granted a total of 24,586 8.23 8.60 three During the fiscal year 2014, the Company issued 123,840 3.23 three A summary of the status of non-vested restricted stock as of June 30, 2015 is presented below. Shares Grant Date Fair Value Per Share Non-vested shares at beg of year 123,840 $ 3.23 Granted 24,586 $ 8.23 8.60 Vested 0 Non-vested shares at Jun 30, 2015 148,426 As of June 30, 2015 , there was $ 475,000 of total unrecognized compensation cost related to non-vested restricted stock. This cost is expected to be recognized over a weighted average period of approximately 3 years.

Notes Payable

Notes Payable	9 Months Ended
	Jun. 30, 2015
Notes Payable [Abstract]
Notes Payable	Note 7 . Notes Payable O n July 30, 2014 Drive Thru entered into a Development Line Loan and Security Agreement with United Capital Business Lending (“Lender”), pursuant to which Lender agreed to loan Drive Thru up to $ 2,100,000 In addition, on July 30, 2014, the Company entered into a Guaranty Agreement (the “Guaranty Agreement”) with Lender, pursuant to which the Company guaranteed the repayment of the Loan. The Loan Agreement, Collateral Assignment, Notes (as defined below) and Guaranty Agreement are referred to herein as the “Loan Documents.” As of June 30, 2015 , Drive Thru had borrowed approximately $ 1,314,000 under the Loan Agreement , of which $ 1,118,000 . As of July 1, 2015 Drive Thru can no longer request additional draw downs. In connection with each disbursement under the Loan Agreement, Drive Thru executed a Promissory Note (the “Notes”) in the full amount of each disbursement request. The Notes incur interest at a rate of 6.69 monthly 84 1 3 The Loan Agreement and Notes contain customary representations, warranties and affirmative and negative covenants, including without limitation, annual covenants to maintain certain insurance coverage and to maintain a certain debt service coverage ratio, leverage ratio, and quick ratio. In May 2015, in connection with the BDI purchase, the Company entered into a one-year secured promissory note bearing interest at 3.25 2,419,000

Warrants

Warrants	9 Months Ended
	Jun. 30, 2015
Warrants [Abstract]
Warrants	Note 8. Warrants In connection with the public offering in August 2013 we issued 2,200,000 warrants to purchase 2,200,000 2,200,000 1,100,000 Additionally we issued 330,000 330,000 330,000 165,000 Each A Warrant was exercisable on or before August 16, 2018 for one 2.75 two were exercisable on or before May 16, 2014 for one share of common stock at an exercise price of $ 2.50 Also , i n connection with the public offering we issued 154,000 154,000 shares of common stock at an exercise price of $ 3.125 r epresentative warrants were exercisable beginning May 16, 2014 and expir e on August 16, 2016. In October, 2014 the Company mailed a notice of redemption to all holders of the Company's A Warrants. one 2.75 0.01 , upon surrender of their Series A Warrants. As of June 30, 2015 we had received proceeds , net of expenses related to the exercise of the warrants, of $ 9,783,000 3,221,000 during the nine month period ending June 30, 2015 . A summary of warrant activity for the nine months ended June 30, 2015 is pr esented in the following table: Number of Shares Weighted Average Exercise Price Per Share Outstanding at October 1, 2014 1,262,500 $2.75 Expired (79,900 ) $2.75 Exercised (1,182,600 ) $2.75 Outstanding at June 30, 2015 0

Preferred Stock

Preferred Stock	9 Months Ended
	Jun. 30, 2015
Preferred Stock [Abstract]
Preferred Stock	N ote 9 . Preferred Stock On March 28, 2014, Small Island Investments Limited converted all 355,451 0.01 710,902 0.001 rred Stock for a cash payment.

Net Income (Loss) per Common Sh

Net Income (Loss) per Common Share	9 Months Ended
	Jun. 30, 2015
Net Income (Loss) per Common Share [Abstract]
Net Income (Loss) per Common Share	Note 10 . Net Income (Loss) per Common Share Our basic earnings per share calculation is computed based on the weighted-average number of common shares outstanding. Our diluted earnings per share calculation is computed based on the weighted-average number of common shares outstanding adjusted by the number of additional shares that would have been outstanding had the potentially dilutive common shares been issued. Potentially dilutive securities for this calculation consist of in-the-money outstanding stock options and warrants (which were assumed to have been exercised at the average market price of the common shares during the reporting period). The treasury stock method is used to measure the dilutive impact of in-the-money stock options. T he following table reconciles basic weighted-average shares outstanding to diluted we ighted-average shares outstanding : Three Months Ended Nine Months Ended June 30, June 30, 201 5 2014 201 5 2014 Weighted-average shares outstanding – basic 11,144,262 6,870,145 9,924,190 5,649,110 Effect of potentially dilutive securities Stock options 259,489 59,931 0 0 Restricted stock grants 131,200 0 0 0 Warrants 0 446,329 0 0 Weighted-average shares outstanding – diluted 11,534,951 7,376,405 9,924,190 5,649,110 Excluded from diluted weighted-average shares outstanding: Antidilutive 39,008 268,366 701,867 2,483,337

Contingent Liabilities and Liqu

Contingent Liabilities and Liquidity	9 Months Ended
	Jun. 30, 2015
Contingent Liabilities and Liquidity [Abstract]
Contingent Liabilities and Liquidity	Note 11 . Contingent Liabilities and Liquidity We remain contingently liable on various leases underlying restaurants that were previously sold to franchisees. We have never experienced any losses related to these contingent lease liabilities, however if a franchisee defaults on the payments under the leases, we would be liable for the lease payments as the assignor or sub-lessor of the lease. Currently we have not been notified nor are we aware of any leases in default by the franchisees, however there can be no assurance that there will not be in the future which could have a material effect on our future operating results.

Related Party Transactions

Related Party Transactions	9 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Note 12 . Related Party Transactions In April , 2012 the Company entered into a financial advisory services agreement with Heathcote Capital LLC (Heathcote) pursuant to which they were to provide the Company with exclusive financial advisory services in connection with a possible strategic transaction. Gary J. Heller, a member of the Company's Board of Directors, is the principal of Heathcote. Accordingly, the agreement constitutes a related party transaction and was reviewed and approved by the Audit Committee of the Company's Board of Directors. On March 25, 2013, the Company and Heathcote modified this agreement to exclude any transactions involving the Maxim Group LLC and for Heathcote to continue to provide non-exclusive financial advisory services to the Company. On September 27, 2013, the Company and Heathcote further modified this agreement to provide for investor relations activities specifically related to the exercise of the outstanding warrants and the trading volume in the Company's stock and other corporate finance projects as determined by the CEO of the company. On November 5 , 201 4 , the Company and Heathcote further modified this agreement to provide for investor relations activities and corporate finance projects as determined by the CEO of the company . The modification s w ere approved by the Audit Committee of the Company's Board of Directors. Total amounts paid to Heathcote were $ 40,000 and $ 105,800 for the nine month periods ended June 30, 2015 and 201 4 , respectively. In April 2013 the Company entered into a management services agreement with BDFD pursuant to which the Company provided general management services as well as accounting and administrative services. Income received from the agreement by the Company was fully recognized in income and then proportionately offset by the 48 per the management services agreement were $ 14,000 18,000 nine month periods ended June 30, 2015 and 2014. In addition to the management services the Company performed scope of work services and total amounts received from BDFD for these services were $ 0 $ 40,000 for the nine month period s ended June 30, 2015 and 201 4 , respectively . In conjunction with the purchase of BDI in May 2015 the Company now owns 100

Impairment of Long-Lived Assets

Impairment of Long-Lived Assets and Goodwill	9 Months Ended
	Jun. 30, 2015
Impairment of Long-Lived Assets and Goodwill [Abstract]
Impairment of Long-Lived Assets and Goodwill	Note 13 . Impairment of Long-Lived Assets and Goodwill Long-Lived Assets. We review our long-lived assets for impairment, including land, property and equipment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the capitalized costs of the assets to the future undiscounted net cash flows expected to be generated by the assets and the expected cash flows are based on recent historical cash flows at the restaurant level (the lowest level that cash flows can be determined). Given the results of our impairment analysis at June 30, 2015 there are no restaurants which are impaired. Trademarks. Goodwill. The Company is required to test goodwill for impairment on an annual basis or whenever indications of impairment arise including, but not limited to, a significant decline in cash flows from store operations. Such tests could result in impairment charges. As of June 30, 2015 , the Company had $ 96,000 14,974,000 There was no impairment required to the acquired goodwill as of June 30, 2015 .

Income Taxes

Income Taxes	9 Months Ended
	Jun. 30, 2015
Income Taxes [Abstract]
Income Taxes	Note 14 . Income Taxes We account for income taxes us ing the liability method , whereby deferred tax asset and liability account balances are determined based on differences between the financial reporting and tax bases of assets and liabilities and are measured using the enacted tax rates and laws that will be in effect when the differences are expected to reverse. The Company provides a valuation allowance, if necessary, to reduce deferred tax assets to their estimated realizable value. The deferred tax assets are reviewed periodically for recoverability, and valuation allowances ar e adjusted as necessary. The Company is subject to taxation in various jurisdictions. The Company continues to remain subject to examination by U.S. federal authorities for the years 20 1 1 through 201 4 . The Company believes that its income tax filing positions and deductions will be sustained on audit and does not anticipate any adjustments that will result in a material adverse effect on the Company ' s financial condition, results of operations, or cash flows. Therefore, no reserves for uncertain income tax positions have been recorded. The Company ' s practice is to recognize interest and/or penalties related to income tax matters in income tax expense. No accrual for interest and penalties was considered necessary as of June 30, 2015 .

Non-controlling Interests

Non-controlling Interests	9 Months Ended
	Jun. 30, 2015
Non-controlling Interests [Abstract]
Non-controlling Interests	Note 15 . Non-controlling Interests Non-controlling interests are presented as a separate item in the equity section of the condensed consolidated balance sheet. The amount of consolidated net income or loss attributable to non-controlling interests is presented on the face of the condensed consolidated statement of operations . Changes in a parent's ownership interest in a subsidiary that do not result in deconsolidation are equity transactions, while changes in ownership interest that do result in deconsolidation of a subsidiary require gain or loss recognition in net income based on the fair value on the deconsolidation date. Prior to the acquisition of BDI our non-controlling interest consisted of one joint venture partnership involving Good Times restaurants, as part of the acquisition of BDI significant additional non-controlling interests were acquired, see note 2 above.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Jun. 30, 2015
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Note 16 . Recent Accounting Pronouncements In April 2015, the Financial Accounting Standards Board (“FASB”) issued guidance which requires debt issuance costs to be presented in the balance sheet as a direct deduction from the related debt liability rather than an asset. The recognition and measurement guidance for debt issuance costs are not affected by this guidance. This new guidance is effective retrospectively for fiscal years, and interim periods within those years, beginning after December 15, 2015. Early adoption is permitted. The Company does not expect that this guidance will have a material impact on its consolidated financial statements.

Business Combinations (Tables)

Business Combinations (Tables)	9 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Schedule of Fair Value Estimate of Assets Acquired and Liabilities Assumed	Allocated Fair Value Cash $ 1,376 Receivables 124 Prepaid expenses and other 49 Inventories 133 Deposits 52 Property and equipment 3,672 Trademarks 3,900 Franchise agreements 116 Non-compete agreements 15 Goodwill 14,974 Total assets purchased 24,411 Accounts payable and other accrued liabilities (749) Unfavorable lease liability (481) Non-controlling interests in partnerships (1,276) Total liabilities assumed (2,506) Investment in BDFD balance (498) Total purchase price $ 21,407 Cash $ 18,988 Notes payable 2,419 Total purchase price $ 21,407
Schedule of Intangible Assets Acquired	Estimated Fair Value Weighted Average Estimated Useful Life (yrs) Trademarks and trade names $ 3,900 Indefinite Franchise Agreements 116 3 9 Non-Compete Agreements 15 3 Goodwill, including assembled workforce 14,974 Indefinite
Pro-Forma Revenue and Net Income	Three Months Ended Nine months Ended June 30, (1) June 30, (2) 2015 2014 2015 2014 Revenues $ 14,825 $11,476 $39,866 $30,016 Net income (loss) $ 641 $ 596 $409 $(178) Net income (loss) attributable to Good Times Restaurants, Inc. $ 480 $ 474 $ 131 $ (162) Net income (loss)attributable to common shareholders $ 480 $ 474 $ 131 $ (221) Basic income (loss) per share $ .04 $ .07 $ .01 $( .04) Diluted income (loss) per share $ .04 $ .06 $ .01 $( .04)

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets [Abstract]
Schedule of Goodwill and Intangible Assets	June 30, 2015 September 30, 2014 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Intangible assets subject to amortization Franchise rights 116 (3 ) 113 0 0 0 Non-compete agreements 15 (1 ) 14 0 0 0 $ 131 $ (4 ) $ 127 $ 0 $ 0 $ 0 Indefinite-lived intangible assets: Trademarks $ 3,900 $ 0 $ 3,900 $ 0 $ 0 $ 0 Intangible assets, net $ 4,031 $ (4 ) $ 4,027 $ 0 $ 0 $ 0 Goodwill $ 15,070 $ 0 $ 15,070 $ 96 $ 0 $ 96
Schedule of Estimated Aggregate Future Amortization Expense For Finite-Lived Intangible Assets	Remainder of 2015 $ 10 2016 28 2017 28 2018 19 2019 10 Thereafter 32 $ 127

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Jun. 30, 2015
Stock-Based Compensation [Abstract]
Weighted Average Assumptions Used to Estimate Fair Value of Stock Option Grants	Fiscal 201 5 Incentive Stock Options Fiscal 201 5 Non-Statutory Stock Options Fiscal 2014 Incentive Stock Options Expected term (years) 6.5 6.5 6.5 Expected volatility 87.40 % 87.40 % 112.1 % Risk-free interest rate 1.85 % 1.85 % 1.94 % Expected dividends 0 0 0
Summary of Stock Option Activity under Share Based Compensation Plan	Shares Weighted Average Exercise Price Weighted Avg . Remaining Contractual Life (Yrs.) Outstanding-beg of year 396,910 $ 3.87 Options granted 190,934 $ 7.83 Options exercised (22,550 ) $ 2.01 Forfeited 0 Expired (11,853 ) $ 9.33 Outstanding June 30, 2015 553,441 $ 5.20 7.6 Exercisable June 30, 2015 162,586 $ 5.56 4.8
Schedule of Non-vested Restricted Stock Activity	Shares Grant Date Fair Value Per Share Non-vested shares at beg of year 123,840 $ 3.23 Granted 24,586 $ 8.23 8.60 Vested 0 Non-vested shares at Jun 30, 2015 148,426

Warrants (Tables)

Warrants (Tables)	9 Months Ended
	Jun. 30, 2015
Warrants [Abstract]
Schedule of Warrant Activity	Number of Shares Weighted Average Exercise Price Per Share Outstanding at October 1, 2014 1,262,500 $2.75 Expired (79,900 ) $2.75 Exercised (1,182,600 ) $2.75 Outstanding at June 30, 2015 0

Net Income (Loss) per Common 26

Net Income (Loss) per Common Share (Tables)	9 Months Ended
	Jun. 30, 2015
Net Income (Loss) per Common Share [Abstract]
Schedule of Net Income (Loss) per Common Share	Three Months Ended Nine Months Ended June 30, June 30, 201 5 2014 201 5 2014 Weighted-average shares outstanding – basic 11,144,262 6,870,145 9,924,190 5,649,110 Effect of potentially dilutive securities Stock options 259,489 59,931 0 0 Restricted stock grants 131,200 0 0 0 Warrants 0 446,329 0 0 Weighted-average shares outstanding – diluted 11,534,951 7,376,405 9,924,190 5,649,110 Excluded from diluted weighted-average shares outstanding: Antidilutive 39,008 268,366 701,867 2,483,337

Business Combinations (Narrativ

Business Combinations (Narrative) (Details) - USD ($)	1 Months Ended	3 Months Ended		9 Months Ended
	May. 07, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Business Acquisition [Line Items]
Aggregate price paid	$ 21,407,000
Cash purchase price	18,988,000
Amount of promissory note	$ 2,419,000
Revenue attributed to BDI from acquisition date included in statement of operations		$ 3,002,000		$ 147,000
Business Combination, Acquisition Related Costs		365,000	$ 0	562,000	$ 0
Bad Daddy's International, LLC [Member]
Business Acquisition [Line Items]
Remaining interest acquired	52.00%
Ownership interest in affiliate	48.00%
Aggregate price paid	$ 21,407,000
Cash purchase price	18,988,000
Amount of promissory note	$ 2,419,000
Payment period	1 year
Interest rate	3.25%
Payment threshold for release of subsidiary	50.00%
Business Combination, Acquisition Related Costs		$ 365,000		$ 562,000

Business Combinations (Prelimin

Business Combinations (Preliminary Estimated Fair Values of Assets Acquired and Liabilities Assumed) (Details) - USD ($) $ in Thousands	1 Months Ended
	May. 07, 2015	Jun. 30, 2015	Sep. 30, 2014
Business Combinations [Abstract]
Cash	$ 1,376
Receivables	124
Prepaid expenses and others	49
Inventories	133
Deposits	52
Property and equipment	3,672
Trademarks	3,900
Franchise agreements	116
Non-compete agreements	15
Goodwill	14,974	$ 15,070	$ 96
Total assets purchased	24,411
Accounts payable and other accrued liabilities	(749)
Unfavorable lease liability	(481)
Non-controlling interests in partnerships	(1,276)
Total liabilities assumed	(2,506)
Investment in BDFD balance	(498)
Total purchase price	21,407
Cash purchase price	18,988
Amount of promissory note	2,419
Total purchase price	$ 21,407

Business Combinations (Estimate

Business Combinations (Estimates of Acquired Intangible Assets) (Details) - USD ($) $ in Thousands	1 Months Ended	9 Months Ended
	May. 07, 2015	Jun. 30, 2015	Sep. 30, 2014
Acquired Indefinite-lived Intangible Assets [Line Items]
Goodwill, including assembled Workforce	$ 14,974	$ 15,070	$ 96
Trademarks and Trade Names [Member]
Acquired Indefinite-lived Intangible Assets [Line Items]
Estimated Fair Value	3,900
Franchise Agreements [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value	116
Franchise Agreements [Member] | Minimum [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life		3 years
Franchise Agreements [Member] | Maximum [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life		9 years
Non-Compete Agreements [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated Fair Value	$ 15
Weighted Average Estimated Useful Life	3 years

Business Combinations (Schedule

Business Combinations (Schedule of Proforma Revenue and Net Income) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				9 Months Ended
	Jun. 30, 2015		Jun. 30, 2014	[1]	Jun. 30, 2015		Jun. 30, 2014	[2]
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Revenues	$ 14,825	[1]	$ 11,476		$ 39,866	[2]	$ 30,016
Net income (loss)	641	[1]	596		409	[2]	(178)
Net income (loss) attributable to Good Times Restaurants, Inc.	480	[1]	474		131	[2]	(162)
Net income (loss) attributable to common shareholders	$ 480	[1]	$ 474		$ 131	[2]	$ (221)
Basic income (loss) per share	$ 0.04	[1]	$ 0.07		$ 0.01	[2]	$ (0.04)
Diluted income (loss) per share	$ 0.04	[1]	$ 0.06		$ 0.01	[2]	$ (0.04)
Acquisition-related Costs [Member]
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Net income (loss)	$ 365,000				$ 562,000
[1]	Net loss during the three months ended June 30, 2015 excludes acquisition related costs of $365,000
[2]	Net loss during the nine months ended June 30, 2015 excludes acquisition related costs of $562,000

Investment in Affiliate (Detail

Investment in Affiliate (Details)	1 Months Ended		3 Months Ended		9 Months Ended
	Dec. 31, 2013USD ($)	Apr. 15, 2013USD ($)installmentsshares	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	May. 07, 2015	May. 05, 2015USD ($)	Sep. 30, 2014USD ($)
Investments in and Advances to Affiliates [Line Items]
Affiliate investment expense			$ (18,000)	$ (44,000)	$ (5,000)	$ (157,000)
Investment in affiliate			$ 0		0				$ 502,000
BDFD [Member]
Investments in and Advances to Affiliates [Line Items]
Subscription agreement for the purchase of Class A Units | shares		4,800
Ownership interest		48.00%
Aggregate subscription price		$ 750,000
Number of installments | installments		2
Remaining interest acquired							52.00%
Affiliate investment expense					$ 13,000
Investment in affiliate								$ 498,000
BDFD [Member] | First Installment [Member]
Investments in and Advances to Affiliates [Line Items]
Subscription agreement payment		$ 375,000
BDFD [Member] | Second Installment [Member]
Investments in and Advances to Affiliates [Line Items]
Subscription agreement payment	$ 375,000

Goodwill and Intangible Asset32

Goodwill and Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Goodwill and Intangible Assets [Abstract]
Amortization of Intangible Assets	$ 4,000	$ 0	$ 4,000	$ 0

Goodwill and Intangible Asset33

Goodwill and Intangible Assets (Schedule of Goodwill and Intangible Assets) - USD ($) $ in Thousands	Jun. 30, 2015	May. 07, 2015	Sep. 30, 2014
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 131		$ 0
Accumulated Amortization	(4)		0
Net Carrying Amount	127		0
Indefinite-lived Intangible Assets [Line Items]
Intangible assets, gross carrying amount	4,031		0
Intangible Assets, Net (Excluding Goodwill)	4,027		0
Goodwill, Gross	15,070		96
Goodwill, Impaired, Accumulated Impairment Loss	0		0
Goodwill	15,070	$ 14,974	96
Franchise Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	116		0
Accumulated Amortization	(3)		0
Net Carrying Amount	113		0
Noncompete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	15		0
Accumulated Amortization	(1)		0
Net Carrying Amount	14		0
Trademarks [Member]
Indefinite-lived Intangible Assets [Line Items]
Indefinite-Lived Intangible Assets (Excluding Goodwill)	$ 3,900		$ 0

Goodwill and Intangible Asset34

Goodwill and Intangible Assets (Estimated Aggregate Future Amortization Expense) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Sep. 30, 2014
Goodwill and Intangible Assets [Abstract]
Remainder of 2015	$ 10
2,016	28
2,017	28
2,018	19
2,019	10
Thereafter	32
Net Carrying Amount	$ 127	$ 0

Common Stock (Details)

Common Stock (Details) - USD ($) $ / shares in Units, $ in Millions	May. 07, 2015	Feb. 04, 2015	Jan. 29, 2015	Jun. 30, 2015	Sep. 30, 2014
Common Stock [Abstract]
Aggregate amount of stock value authorized by SEC to be issued	$ 75
Aggregate Amount Of Stock Shares Authorized By SEC To Be Issued		2,094,236	2,094,236
Common Stock Par Or Stated Value Per Share				$ 0.001	$ 0.001
Number of shares issued	2,783,810
Price per share issued	$ 8.15
Proceeds from shares issued	$ 20.6

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($)	9 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Sep. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense	$ 317,000	$ 97,000
Stock options exercised, shares	22,550
Proceeds from stock option exercises	$ 45,000	$ 12,000
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock granted, weighted average grant date fair value per share	$ 8.23
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock granted, weighted average grant date fair value per share	$ 8.60
Non-Statutory Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted, shares	80,871
Non-Statutory Stock Options [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted, exercise price	$ 7.79
Stock options granted, per-share weighted average fair value	5.85
Non-Statutory Stock Options [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted, exercise price	9.17
Stock options granted, per-share weighted average fair value	$ 6.88
Incentive Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted, shares	110,063	89,500
Stock options granted, exercise price	$ 0	$ 2.48
Stock options granted, per-share weighted average fair value	$ 0	$ 2.12
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted, shares	190,934
Stock options granted, exercise price	$ 7.83
Aggregate Intrinsic Value, Outstanding	$ 2,306,000
Aggregate Intrinsic Value, Exercisable	833,000
Remaining total unrecognized compensation cost related to unvested stock-based arrangements	$ 1,130,000
Employee service share-based compensation, nonvested awards, total compensation cost not yet recognized, period for recognition	2 years 9 months 29 days
Stock options exercised, shares	22,548
Proceeds from stock option exercises	$ 45,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock granted, shares	24,586		123,840
Restricted stock granted, weighted average grant date fair value per share			$ 3.23
Vesting period	3 years		3 years
Remaining total unrecognized compensation cost related to unvested stock-based arrangements	$ 475,000
Employee service share-based compensation, nonvested awards, total compensation cost not yet recognized, period for recognition	3 years
Restricted Stock [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock granted, weighted average grant date fair value per share	$ 8.23
Restricted Stock [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock granted, weighted average grant date fair value per share	$ 8.60

Stock-Based Compensation (Weigh

Stock-Based Compensation (Weighted Average Assumptions Used to Estimate Fair Value of Stock Option Grants) (Details) - 9 months ended Jun. 30, 2015 - USD ($)	Total
Fiscal 2015 Incentive Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (years)	6 years 6 months
Expected volatility	87.40%
Risk-free interest rate	1.85%
Expected dividends	$ 0
Fiscal 2015 Non-Statutory Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (years)	6 years 6 months
Expected volatility	87.40%
Risk-free interest rate	1.85%
Expected dividends	$ 0
Fiscal 2014 Incentive Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (years)	6 years 6 months
Expected volatility	112.10%
Risk-free interest rate	1.94%
Expected dividends	$ 0

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary of Stock Option Activity under Share Based Compensation Plan) (Details) - Jun. 30, 2015 - $ / shares	Total
Shares
Options exercised	(22,550)
Stock Options [Member]
Shares
Outstanding-beg of year	396,910
Options granted	190,934
Options exercised	(22,548)
Forfeited	0
Expired	(11,853)
Outstanding Mar 31, 2015	553,441
Exercisable Mar 31, 2015	162,586
Weighted Average Exercise Price
Outstanding-beg of year	$ 3.87
Options granted	7.83
Options exercised	$ 2.01
Forfeited
Expired	$ 9.33
Outstanding Mar 31, 2015	5.20
Exercisable Mar 31, 2015	$ 5.56
Weighted Average Remaining Contractual Life (Yrs.)
Outstanding Mar 31, 2015	7 years 7 months 6 days
Exercisable Mar 31, 2015	4 years 9 months 18 days

Stock-Based Compensation (Sum39

Stock-Based Compensation (Summary of Non-vested Restricted Stock Activity) (Details) - $ / shares	9 Months Ended	12 Months Ended
	Jun. 30, 2015	Sep. 30, 2014
Minimum [Member]
Weighted Average Grant Date Fair Value Per Share
Granted	$ 8.23
Maximum [Member]
Weighted Average Grant Date Fair Value Per Share
Granted	$ 8.60
Restricted Stock [Member]
Shares
Non-vested shares at beg of year	123,840
Granted	24,586	123,840
Vested	0
Non-vested shares at Mar 31, 2015	148,426	123,840
Weighted Average Grant Date Fair Value Per Share
Non-vested shares at beg of year	$ 3.23
Granted		$ 3.23
Vested
Non-vested shares at Mar 31, 2015		$ 3.23
Restricted Stock [Member] | Minimum [Member]
Weighted Average Grant Date Fair Value Per Share
Granted	$ 8.23
Restricted Stock [Member] | Maximum [Member]
Weighted Average Grant Date Fair Value Per Share
Granted	$ 8.60

Notes Payable (Details)

Notes Payable (Details) - USD ($)	1 Months Ended		9 Months Ended
	May. 07, 2015	Jul. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Debt Instrument [Line Items]
Borrowings on notes payable and long-term debt			$ 1,118,000
Amount of promissory note	$ 2,419,000
Bad Daddy's International, LLC [Member]
Debt Instrument [Line Items]
Interest rate	3.25%
Payment period	1 year
Amount of promissory note	$ 2,419,000
Good Times Drive Thru Inc. (Borrower) [Member] | Loan Agreement [Member]
Debt Instrument [Line Items]
Loan Agreement, amount		$ 2,100,000
Loan Agreement, amount outstanding			1,314,000
Borrowings on notes payable and long-term debt			$ 1,118,000
Good Times Drive Thru Inc. (Borrower) [Member] | Promissory Note [Member]
Debt Instrument [Line Items]
Interest rate		6.69%
Frequency of payment		monthly
Payment period		84 months
Good Times Drive Thru Inc. (Borrower) [Member] | Promissory Note [Member] | Minimum [Member]
Debt Instrument [Line Items]
Prepayment fees, percent		1.00%
Good Times Drive Thru Inc. (Borrower) [Member] | Promissory Note [Member] | Maximum [Member]
Debt Instrument [Line Items]
Prepayment fees, percent		3.00%

Warrants (Narrative) (Details)

Warrants (Narrative) (Details) - USD ($)	1 Months Ended	9 Months Ended		23 Months Ended
	Aug. 21, 2013	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Nov. 14, 2014
Class of Warrant or Right [Line Items]
Proceeds from warrant exercises, net		$ 3,221,000	$ 4,559,000	$ 9,783,000
A Warrants [Member]
Class of Warrant or Right [Line Items]
Warrants issued	2,200,000
Number of common stock to be purchased by warrants	2,200,000				1
Exercise date	Aug. 16, 2018
Shares covered by each warrant	1
Exercise price	$ 2.75				$ 2.75
Redemption price per share		$ 0.01		$ 0.01
A Warrants [Member] | Underwriters [Member]
Class of Warrant or Right [Line Items]
Warrants issued	330,000
Number of common stock to be purchased by warrants	330,000
B Warrants [Member]
Class of Warrant or Right [Line Items]
Warrants issued	2,200,000
Number of common stock to be purchased by warrants	1,100,000
Exercise date	May 16, 2014
Shares covered by each warrant	2
Exercise price	$ 2.50
B Warrants [Member] | Underwriters [Member]
Class of Warrant or Right [Line Items]
Warrants issued	330,000
Number of common stock to be purchased by warrants	165,000
Representative Warrants [Member] | Underwriters [Member]
Class of Warrant or Right [Line Items]
Warrants issued	154,000
Number of common stock to be purchased by warrants	154,000
Exercise price	$ 3.125
Representative Warrants [Member] | Underwriters [Member] | Minimum [Member]
Class of Warrant or Right [Line Items]
Exercise date	May 16, 2014
Representative Warrants [Member] | Underwriters [Member] | Maximum [Member]
Class of Warrant or Right [Line Items]
Exercise date	Aug. 16, 2018

Warrants (Summary of Warrant Ac

Warrants (Summary of Warrant Activity) (Details) - 9 months ended Jun. 30, 2015 - Warrant [Member] - $ / shares	Total
Number of Shares
Outstanding at October 1, 2014	1,262,500
Expired	(79,900)
Exercised	(1,182,600)
Outstanding at March 31, 2015	0
Weighted Average Exercise Price Per Share
Outstanding at October 1, 2014	$ 2.75
Expired	2.75
Exercised	$ 2.75
Outstanding at March 31, 2015

Preferred Stock (Details)

Preferred Stock (Details) - $ / shares	Mar. 28, 2014	Jun. 30, 2015	Sep. 30, 2014
Class of Stock [Line Items]
Preferred stock, par value		$ 0.01	$ 0.01
Common stock, par value		$ 0.001	$ 0.001
Series C Convertible Preferred Stock [Member]
Class of Stock [Line Items]
Conversion of stock, shares converted	355,451
Preferred stock, par value	$ 0.01
Common Stock [Member]
Class of Stock [Line Items]
Conversion of stock, shares issued upon conversion	710,902
Common stock, par value	$ 0.001

Net Income (Loss) per Common 44

Net Income (Loss) per Common Share (Details) - shares	3 Months Ended		9 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net Income (Loss) per Common Share [Abstract]
Weighted-average shares outstanding - basic	11,144,262	6,870,145	9,924,190	5,649,110
Effect of potentially dilutive securities
Stock options	259,489	59,931	0	0
Restricted stock grants	131,200	0	0	0
Warrants	0	446,329	0	0
Weighted-average shares outstanding - diluted	11,534,951	7,376,405	9,924,190	5,649,110
Excluded from diluted weighted-average shares outstanding:
Antidilutive	39,008	268,366	701,867	2,483,337

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	1 Months Ended	9 Months Ended
	May. 07, 2015	Jun. 30, 2015	Jun. 30, 2014
Related Party Transaction [Line Items]
Purchase price of acquired entity	$ 18,988,000
Heathcote Capital LLC [Member]
Related Party Transaction [Line Items]
Total amount paid to advisory service agreement		$ 40,000	$ 105,800
BDFD [Member]
Related Party Transaction [Line Items]
Ownership interest in affiliate		48.00%
Management services		$ 14,000	18,000
Scope of work services		$ 0	$ 40,000

Impairment of Long-Lived Asse46

Impairment of Long-Lived Assets and Goodwill (Details)	9 Months Ended
	Jun. 30, 2015USD ($)restaurants	May. 07, 2015USD ($)	Sep. 30, 2014USD ($)
Impaired Long-Lived Assets Held and Used [Line Items]
Number of restaurants impaired | restaurants	0
Goodwill	$ 15,070,000	$ 14,974,000	$ 96,000
Good Times Drive Thru Inc. [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Goodwill	96,000
Bad Daddy's Franchise Development, LLC [Member]
Impaired Long-Lived Assets Held and Used [Line Items]
Goodwill	$ 14,974,000

Income Taxes (Details)

Income Taxes (Details) - Jun. 30, 2015 - USD ($)	Total
Income Tax Examination [Line Items]
Reserves for uncertain tax positions	$ 0
Accrual for interest and penalties	$ 0
Minimum [Member]
Income Tax Examination [Line Items]
Years subject to income tax examination	2,011
Maximum [Member]
Income Tax Examination [Line Items]
Years subject to income tax examination	2,014