Good Times Restaurants (GTIM) 10-Q 16 May 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Mar. 31, 2016	May. 16, 2016
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
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		12,266,414

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2016	Sep. 30, 2015
CURRENT ASSETS:
Cash and cash equivalents	$ 9,040	$ 13,809
Receivables, net of allowance for doubtful accounts of $0	798	189
Prepaid expenses and other	323	161
Inventories	614	510
Notes receivable	58	59
Total current assets	10,833	14,728
PROPERTY AND EQUIPMENT:
Land and building	5,064	5,054
Leasehold improvements	13,460	10,294
Fixtures and equipment	14,455	12,096
Total property and equipment	32,979	27,444
Less accumulated depreciation and amortization	(14,249)	(13,222)
Total net property and equipment	18,730	14,222
Assets held for sale	72	0
OTHER ASSETS:
Notes receivable	65	71
Trademarks	3,900	3,900
Other intangibles, net	103	117
Goodwill	15,076	15,066
Deposits and other assets	123	124
Total other assets	19,267	19,278
TOTAL ASSETS	48,902	48,228
CURRENT LIABILITIES:
Current maturities of long-term debt and capital lease obligations	2,609	2,617
Accounts payable	2,093	2,733
Deferred income	25	25
Other accrued liabilities	2,707	1,883
Total current liabilities	7,434	7,258
LONG-TERM LIABILITIES:
Long-term debt due after one year	1,006	1,093
Capital lease obligations due after one year	5	11
Deferred and other liabilities	3,692	1,609
Total long-term liabilities	4,703	2,713
Good Times Restaurants, Inc. stockholders' equity:
Preferred stock, $.01 par value; 5,000,000 shares authorized, no shares issued and outstanding as of March 31, 2016 and September 30, 2015	0	0
Common stock, $.001 par value; 50,000,000 shares authorized, 12,266,414 and 12,259,550 shares issued and outstanding as of March 31, 2016 and September 30, 2015, respectively	12	12
Capital contributed in excess of par value	57,804	57,434
Accumulated deficit	(22,601)	(20,804)
Total Good Times Restaurants, Inc. stockholders' equity	35,215	36,642
Non-controlling interests	1,550	1,615
Total stockholders' equity	36,765	38,257
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 48,902	$ 48,228

CONDENSED CONSOLIDATED BALANCE3

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2016	Sep. 30, 2015
Statement of Financial Position [Abstract]
Receivables, allowance for doubtful accounts	$ 0	$ 0
Preferred stock, par value	$ 0.01	$ .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	12,266,414	12,259,550
Common stock, shares outstanding	12,266,414	12,259,550

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015
NET REVENUES:
Restaurant sales	$ 15,141	$ 8,626	$ 28,797	$ 16,392
Franchise royalties and fees	177	88	359	177
Total net revenues	15,318	8,714	29,156	16,569
RESTAURANT OPERATING COSTS:
Food and packaging costs	4,785	2,874	9,290	5,623
Payroll and other employee benefit costs	5,394	2,913	10,166	5,446
Restaurant occupancy and other operating costs	2,563	1,456	4,877	2,794
Preopening costs	576	185	1,301	422
Depreciation and amortization	549	256	1,008	462
Total restaurant operating costs	13,867	7,684	26,642	14,747
General and administrative costs	1,510	919	3,116	1,794
Advertising costs	352	261	718	521
Acquisition costs	0	197	0	197
Franchise costs	27	27	54	53
Gain on restaurant asset sale	(7)	(6)	(12)	(12)
LOSS FROM OPERATIONS	(431)	(368)	(1,362)	(731)
Other Income (Expenses):
Interest income (expense), net	(36)	(4)	(66)	(1)
Affiliate investment expense	0	12	0	13
Other income (loss)	0	(1)	0	(3)
Total other expenses, net	(36)	7	(66)	9
NET LOSS	(467)	(361)	(1,428)	(722)
Income attributable to non-controlling interests	(206)	(74)	(369)	(123)
NET LOSS ATTRIBUTABLE TO COMMON SHAREHOLDERS	$ (673)	$ (435)	$ (1,797)	$ (845)
BASIC AND DILUTED LOSS PER SHARE:
Net loss attributable to Common Shareholders	$ (.05)	$ (0.05)	$ (.15)	$ (0.09)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic and Diluted	12,263,472	9,452,305	12,261,500	9,134,155

CONDENSED CONSOLIDATED STATEME5

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (1,428)	$ (722)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	1,055	493
Accretion of deferred rent	233	43
Amortization of lease incentive obligation	(110)	0
Stock based compensation expense	355	153
Affiliate investment income	0	(13)
Recognition of deferred gain on sale of restaurant building	(12)	(12)
Change in:
Receivables and other	(609)	(153)
Inventories	(104)	(17)
Deposits and other	(166)	(40)
Change in:
Accounts payable	(69)	216
Deferred liabilities	1,979	167
Accrued and other liabilities	807	220
Net cash provided by operating activities	1,931	335
CASH FLOWS FROM INVESTING ACTIVITIES:
Payments for the purchase of property and equipment	(6,193)	(2,977)
Proceeds from sale of assets	6	0
Payments received from franchisees and others	7	4
Net cash used in investing activities	(6,180)	(2,973)
CASH FLOWS FROM FINANCING ACTIVITIES:
Expenses related to stock sale	0	(59)
Proceeds from warrant exercises, net	0	3,221
Proceeds from stock option exercises	15	45
Principal payments on notes payable and long-term debt	(101)	(44)
Borrowings on notes payable and long-term debt	0	1,118
Distributions to non-controlling interests	(434)	(117)
Net cash provided by (used in) financing activities	(520)	4,164
NET CHANGE IN CASH AND CASH EQUIVALENTS	(4,769)	1,526
CASH AND CASH EQUIVALENTS, beginning of period	13,809	9,894
CASH AND CASH EQUIVALENTS, end of period	9,040	11,420
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION:
Cash paid for interest	22	16
Non-cash purchase of property and equipment	0	40
Accounts payable decrease related to property and equipment	$ 571	$ 0

Basis of Presentation

Basis of Presentation	6 Months Ended
	Mar. 31, 2016
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 March 31, 2016 and the results of its operations and its cash flows for the three month and six month periods ended March 31, 2016. Operating results for the three and six month periods ended March 31, 2016 are not necessarily indicative of the results that may be expected for the year ending September 30, 2016. The condensed consolidated balance sheet as of September 30, 2015 is derived from the audited financial statements, but does not include all disclosures required by generally accepted accounting principles. As a result, these condensed consolidated financial statements should be read in conjunction with the Company's Form 10-K for the fiscal year ended September 30, 2015. 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 March 31, 2016. 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. Most of our Good Times restaurants are located in the front-range communities of Colorado but we also have franchised restaurants in Wyoming. BD of Colo, BDI and BDFD are engaged in the business of licensing, owning and operating full service hamburger-oriented restaurants under the name Bad Daddy’s Burger Bar. Reclassification – Certain prior year balances have been reclassified to conform to the current year’s presentation. Such reclassifications had no effect on the net income or loss.

Investment in Affiliate

Investment in Affiliate	6 Months Ended
	Mar. 31, 2016
Investment in Affiliate [Abstract]
Investment in Affiliate	Note 2. Investment in Affiliate On April 15, 2013, the Company executed a Subscription Agreement for the purchase of 4,800 Class A Units of BDFD, representing a 48% non-controlling voting membership interest in BDFD, for the aggregate subscription price of $750,000. The Company acquired the remaining 52% interest in BDFD on May 7, 2015. Prior to the acquisition, the Company accounted for this investment using the equity method. For the three month and six month periods ending March 31, 2015 the Company recorded net income of $12,000 and $13,000, respectively, for its share of BDFD’s operating results.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets [Abstract]
Goodwill and Intangible Assets	Note 3. Goodwill and Intangible Assets The following table presents goodwill and intangible assets as of March 31, 2016 and September 30, 2015 (in thousands): March 31, 2016 September 30, 2015 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Intangible assets subject to amortization 116 (23 ) 93 116 (11 ) 105 15 (5 ) 10 15 (3 ) 12 $ 131 $ (28 ) $ 103 $ 131 $ (14 ) $ 117 Indefinite-lived intangible assets: $ 3,900 $ 0 $ 3,900 $ 3,900 $ 0 $ 3,900 $ 4,031 $ (28 ) $ 4,003 $ 4,031 $ (14 ) $ 4,017 Goodwill $ 15,076 $ 0 $ 15,076 $ 15,066 $ 0 $ 15,066 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 the six-month period ended March 31, 2016. The aggregate amortization expense related to these intangible assets subject to amortization was $14,000 for the six-month period ended March 31, 2016. The estimated aggregate future amortization expense as of March 31, 2016 is as follows (in thousands): Remainder of 2016 $ 14 2017 28 2018 19 2019 10 2020 10 Thereafter 22 $ 103

Common Stock

Common Stock	6 Months Ended
	Mar. 31, 2016
Common Stock [Abstract]
Common Stock	Note 4. Common Stock. On September 5, 2014, the Company 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. The Form S-1 was filed to register the resale by the selling stockholders named in the prospectus included in the Form S-1 of up to 2,094,236 shares of the registrant’s common stock, par value $0.01 per share. The Post-Effective Amendment No. 2 on Form S-3 was filed by the Company to convert the Form S-1 into a registration statement on Form S-3. 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 million, of which $22,688,052 has been issued. 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 shares of the Company’s common stock by certain selling Stockholders as further described in our Annual Report on Form 10-K/A for the fiscal year ended September 30, 2014. The Amendment No. 1 was filed to update the financial information and other disclosures, among other things, including the Company’s audited consolidated financial statements for the fiscal year ended September 30, 2014. On May 7, 2015, the Company completed a public offering of 2,783,810 shares of its common stock, which included the full exercise of the underwriters’ over-allotment option, at $8.15 per share for net proceeds, after deducting underwriting discounts and commissions and offering expenses, of approximately $20.6 million. Net proceeds were used for the acquisition of BDI and to fund the remodeling and reimaging of existing Good Times Burgers & Frozen Custard restaurants, for the development of new Bad Daddy’s Burger Bar restaurants, as working capital reserves and for future investment at the discretion of our Board of Directors.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Mar. 31, 2016
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 5. Stock-Based Compensation Stock-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 six month periods ended March 31, 2016 and March 31, 2015 includes $355,000 and $153,000, 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 the six months ended March 31, 2016. 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 six months ended March 31, 2016, the Company granted a total of 22,686 non-statutory stock options and a total of 54,110 incentive stock options, from available shares under its 2008 Plan, as amended, with exercise prices between of $5.29 and $6.23 and per-share weighted average fair values between $2.87 and $4.52. During the six months ended March 31, 2015, the Company granted a total of 80,871 non-statutory stock options and a total of 103,955 incentive stock options all with an exercise price of $7.79 and per-share weighted average fair value of $5.85. 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 2016 Incentive Stock Options Fiscal 2015 Incentive Stock Options Fiscal 2015 Non-Statutory Stock Options Expected term (years) 6.5 to 7.5 6.5 6.5 Expected volatility 81.77% to 89.08% 87.40% to 112.11% 87.40 % Risk-free interest rate 1.65% to 2.07% 1.85% to 1.94% 1.85 % 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 six-month period ended March 31, 2016 under all plans: Shares Weighted Average Exercise Price Weighted Avg. Remaining Contractual Life (Yrs.) Outstanding-beginning of year 540,444 $5.27 Options granted 76,796 $5.31 Options exercised (6,864 ) $2.20 Forfeited (12,991 ) $8.08 Expired (13,917 ) $17.04 Outstanding March 31, 2016 583,468 $4.97 7.4 Exercisable March 31, 2016 294,533 $4.45 6.1 As of March 31, 2016, the aggregate intrinsic value of the outstanding and exercisable options was $497,000 and $363,000, respectively. Only options whose exercise price is below the current market price of the underlying stock are included in the intrinsic value calculation. As of March 31, 2016, the total remaining unrecognized compensation cost related to non-vested stock options was $957,000 and is expected to be recognized over a weighted average period of approximately 4.6 years. There were 6,864 stock options exercised during the six months ended March 31, 2016 with proceeds of $15,000 and 3,891 stock options exercised during the six months ended March 31, 2015 with proceeds of $7,000. Restricted Stock Grants During the six months ended March 31, 2016, the Company granted a total of 44,755 shares of restricted stock to certain employees and executive officers from available shares under its 2008 Plan, as amended. The shares were issued with grant date fair market values of $4.18 which is equal to the closing price of the stock on the date of the grants. The restricted stock grants vest over three years following the grant date. A summary of the status of non-vested restricted stock as of March 31, 2016 is presented below. Shares Grant Date Fair Value Per Share Non-vested shares at beg of year 148,426 $3.23 to $8.60 Granted 44,755 $4.18 Forfeited (8,721 ) Vested 0 Non-vested shares at March 31, 2016 184,460 As of March 31, 2016, there was $431,000 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 2.6 years.

Notes Payable and Long-Term Deb

Notes Payable and Long-Term Debt	6 Months Ended
	Mar. 31, 2016
Notes Payable [Abstract]
Notes Payable and Long-Term Debt	Note 6. Notes Payable and Long-Term Debt On 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 (the “Loan”) and entered into a Collateral Assignment of Franchise Agreements, Management Agreement and Partnership Interests with Lender. 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 March 31, 2016, Drive Thru had borrowed approximately $1,314,000 under the Loan Agreement, of which $1,118,000 was borrowed during the six month period ended March 31, 2015 and $0 borrowed in the six month period ended March 31, 2016. As of March 31, 2016 the outstanding balance on the note was $1,147,000. As of July 1, 2015 Drive Thru could 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% per annum, are repayable in monthly installments of principal and interest over 84 months, and contain other customary terms and conditions. The Notes are subject to certain prepayment fees ranging between 1% and 3% of the unpaid balance at such time if Drive Thru repays a Note in certain circumstances prior to the thirty seventh monthly installment under such Note. The Loan Agreement and Notes associated with the Development Line Loan 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 percent in the amount of $2,414,000. The entire note and all accrued interest were paid off subsequent to the quarter end on May 6, 2016.

Warrants

Warrants	6 Months Ended
	Mar. 31, 2016
Warrants [Abstract]
Warrants	Note 7. Warrants In connection with the public offering in August 2013 we issued 2,200,000 warrants to purchase 2,200,000 shares of our common stock (“A Warrants”) and an additional 2,200,000 warrants to purchase 1,100,000 shares of our common stock (“B Warrants”). Additionally, we issued 330,000 A Warrants to purchase 330,000 shares of common stock and 330,000 B Warrants to purchase 165,000 of common stock to the underwriters in connection with the public offering. Each A Warrant was exercisable on or before August 16, 2018 for one share of common stock at an exercise price of $2.75 per share and two B Warrants were exercisable on or before May 16, 2014 for one share of common stock at an exercise price of $2.50 per share. Also, in connection with the public offering we issued 154,000 representative warrants to purchase 154,000 shares of common stock at an exercise price of $3.125 to the underwriters. The representative warrants were exercisable beginning May 16, 2014 and were to expire on August 16, 2016. In October, 2014 the Company mailed a notice of redemption to all holders of the Company’s A Warrants. Each A Warrant was exercisable for one share of common stock at $2.75 per share until 5:00 p.m. Colorado Time on Friday, November 14, 2014. Holders of the A Warrants are no longer entitled to exercise their warrants for common stock and have no rights . As of September 30, 2015 we had received proceeds, net of expenses related to the exercise of the warrants, of $9,782,000. As of March 31, 2016 there are no outstanding warrants.

Net Income (Loss) per Common Sh

Net Income (Loss) per Common Share	6 Months Ended
	Mar. 31, 2016
Net Income (Loss) per Common Share [Abstract]
Net Income (Loss) per Common Share	Note 8. 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, restricted stock grants 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. Options and restricted stock grants for 328,080 and 345,337 shares of common stock were not included in computing diluted EPS for the six months ended March 31, 2016 and 2015, respectively, because their effects were anti-dilutive.

Contingent Liabilities and Liqu

Contingent Liabilities and Liquidity	6 Months Ended
	Mar. 31, 2016
Contingent Liabilities and Liquidity [Abstract]
Contingent Liabilities and Liquidity	Note 9. 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	6 Months Ended
	Mar. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Note 10. 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. On November 5, 2014, 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. 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% equity investment in BDFD. Total amounts received from BDFD per the management services agreement were $0 and $12,000 for the six month periods ended March 31, 2016 and 2015, respectively. In conjunction with the purchase of BDI in May 2015 the Company now owns 100% of BDFD and has fully consolidated their accounts in the accompanying condensed consolidated financial statements.

Impairment of Long-Lived Assets

Impairment of Long-Lived Assets and Goodwill	6 Months Ended
	Mar. 31, 2016
Impairment of Long-Lived Assets and Goodwill [Abstract]
Impairment of Long-Lived Assets and Goodwill	Note 11. Impairment of Long-Lived Assets and Goodwill Long-Lived Assets. Given the results of our impairment analysis at March 31, 2016 there are no restaurants which are impaired. Trademarks. Goodwill.

Income Taxes

Income Taxes	6 Months Ended
	Mar. 31, 2016
Income Taxes [Abstract]
Income Taxes	Note 12. Income Taxes We account for income taxes using 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 are adjusted as necessary. The Company has significant net operating loss carry-forwards from prior years and incurred additional net operating losses during the six month periods ended March 31, 2016 and 2015. These losses resulted in an increase in the related deferred tax assets; however, valuation allowances were provided which reduced these deferred tax assets to zero; therefore, no income tax provision or benefit was recognized for the six month periods ended March 31, 2016 and 2015 resulting in an effective income tax rate of 0% for both periods. 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 2012 through 2015. 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 March 31, 2016.

Non-controlling Interests

Non-controlling Interests	6 Months Ended
	Mar. 31, 2016
Non-controlling Interests [Abstract]
Non-controlling Interests	Note 13. 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 based on the fair value on the deconsolidation date. The equity interests of the unrelated limited partners and members are shown on the accompanying consolidated balance sheet in the stockholders’ equity section as a non-controlling interest and is adjusted each period to reflect the limited partners’ and members’ share of the net income or loss as well as any cash distributions to the limited partners and members for the period. The limited partners’ and members’ share of the net income or loss in the partnership is shown as non-controlling interest income or expense in the accompanying consolidated statement of operations. All inter-company accounts and transactions are eliminated. The following table summarizes the activity in non-controlling interests during the six months ended March 31, 2016 (in thousands): Good Times Bad Daddy’s Total Balance at September 30, 2015 $ $ $ Income 195 174 369 Distributions (211 ) (223 ) (434 ) Balance at March 31, 2016 $ $ $ 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 additional non-controlling interests were acquired in three joint venture entities.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Mar. 31, 2016
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Note 14. Recent Accounting Pronouncements In February 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2016-02, Leases (Topic 842), (ASU 2016-02), which replaces the existing guidance in Accounting Standard Codification 840, Leases. ASU 2016-02 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018. ASU 2016-02 requires a dual approach for lessee accounting under which a lessee would account for leases as finance leases or operating leases. Both finance leases and operating leases will result in the lessee recognizing a right-of-use asset and a corresponding lease liability. The Company is currently assessing the impact that adoption of ASU 2016-02 will have on its consolidated financial statements and footnote disclosures. In March 2016, the FASB issued ASU 2016-09, Improvements to Employee Share-Based Payment Accounting (ASU 2016-09). ASU 2016-09 includes provisions intended to simplify various aspects related to how share-based payments are accounted for and presented in the financial statements. The areas for simplification include income tax consequences, forfeitures, classification of awards as either equity or liabilities and classification on the statement of cash flows. This ASU is effective for annual periods and interim periods within those annual periods beginning after December 15, 2016 and early adoption is permitted for financial statements that have not been previously issued. The Company is currently evaluating the effects of ASU 2016-09 on its financial statements and disclosures.

Segment Reporting

Segment Reporting	6 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Segment Reporting	Note 15. Segment Reporting All of our Good Times Burgers and Frozen Custard restaurants (Good Times) compete in the quick-service drive-through dining industry while our Bad Daddy’s Burger Bar restaurants (Bad Daddy’s) compete in the full-service upscale casual dining industry. We believe that providing this additional financial information for each of our brands will provide a better understanding of our overall operating results. Income (loss) from operations represents revenues less restaurant operating costs and expenses, directly allocable general and administrative expenses, and other restaurant-level expenses directly associated with each brand including depreciation and amortization, pre-opening costs and losses or gains on disposal of property and equipment. Unallocated corporate capital expenditures are presented below as reconciling items to the amounts presented in the consolidated financial statements. The following tables present information about our reportable segments for the respective periods (in thousands): Three Months Ended March 31, Six Months Ended March 31, 2016 2015 2016 2015 Revenues Good Times $ $ $ $ Bad Daddy’s 8,530 2,009 15,331 3,260 $ $ $ $ Income (Loss) from operations Good Times $ $ ) $ ) $ ) Bad Daddy’s (307 ) (142 ) (1,027 ) (409 ) Corporate (144 ) (197 ) (288 ) (197 ) $ (431 ) $ (368 ) $ (1,362 ) $ (731 ) Capital Expenditures Good Times $ $ $ $ Bad Daddy’s 1,937 342 5,421 1,034 Corporate 67 2 80 22 $ $ $ $ March 31, 2016 September 30, 2015 Property & Equipment, net Good Times $ $ Bad Daddy’s 13,008 8,837 Corporate 173 118 $ $

Subsequent Events

Subsequent Events	6 Months Ended
	Mar. 31, 2016
Subsequent Events [Abstract]
Subsequent Events	Note 16. Subsequent Events On May 6, 2016 we paid off the BDI promissory note balance and accrued interest. The total payment made was $2,492,527.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Mar. 31, 2016
Goodwill and Intangible Assets [Abstract]
Schedule of Goodwill and Intangible Assets	The following table presents goodwill and intangible assets as of March 31, 2016 and September 30, 2015 (in thousands): March 31, 2016 September 30, 2015 Gross Carrying Amount Accumulated Amortization Net Carrying Amount Gross Carrying Amount Accumulated Amortization Net Carrying Amount Intangible assets subject to amortization 116 (23 ) 93 116 (11 ) 105 15 (5 ) 10 15 (3 ) 12 $ 131 $ (28 ) $ 103 $ 131 $ (14 ) $ 117 Indefinite-lived intangible assets: $ 3,900 $ 0 $ 3,900 $ 3,900 $ 0 $ 3,900 $ 4,031 $ (28 ) $ 4,003 $ 4,031 $ (14 ) $ 4,017 Goodwill $ 15,076 $ 0 $ 15,076 $ 15,066 $ 0 $ 15,066
Schedule of Estimated Aggregate Future Amortization Expense For Finite-Lived Intangible Assets	The estimated aggregate future amortization expense as of March 31, 2016 is as follows (in thousands): Remainder of 2016 $ 14 2017 28 2018 19 2019 10 2020 10 Thereafter 22 $ 103

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Mar. 31, 2016
Stock-Based Compensation [Abstract]
Weighted Average Assumptions Used to Estimate Fair Value of Stock Option Grants	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 2016 Incentive Stock Options Fiscal 2015 Incentive Stock Options Fiscal 2015 Non-Statutory Stock Options Expected term (years) 6.5 to 7.5 6.5 6.5 Expected volatility 81.77% to 89.08% 87.40% to 112.11% 87.40 % Risk-free interest rate 1.65% to 2.07% 1.85% to 1.94% 1.85 % Expected dividends 0 0 0
Summary of Stock Option Activity under Share Based Compensation Plan	The following table summarizes stock option activity for the six-month period ended March 31, 2016 under all plans: Shares Weighted Average Exercise Price Weighted Avg. Remaining Contractual Life (Yrs.) Outstanding-beginning of year 540,444 $5.27 Options granted 76,796 $5.31 Options exercised (6,864 ) $2.20 Forfeited (12,991 ) $8.08 Expired (13,917 ) $17.04 Outstanding March 31, 2016 583,468 $4.97 7.4 Exercisable March 31, 2016 294,533 $4.45 6.1
Schedule of Non-vested Restricted Stock Activity	A summary of the status of non-vested restricted stock as of March 31, 2016 is presented below. Shares Grant Date Fair Value Per Share Non-vested shares at beg of year 148,426 $3.23 to $8.60 Granted 44,755 $4.18 Forfeited (8,721 ) Vested 0 Non-vested shares at March 31, 2016 184,460

Non-controlling Interests (Tabl

Non-controlling Interests (Tables)	6 Months Ended
	Mar. 31, 2016
Non-controlling Interests [Abstract]
Schedule of Noncontrolling Interest	The following table summarizes the activity in non-controlling interests during the six months ended March 31, 2016 (in thousands): Good Times Bad Daddy’s Total Balance at September 30, 2015 $ $ $ Income 195 174 369 Distributions (211 ) (223 ) (434 ) Balance at March 31, 2016 $ $ $

Segment Reporting (Tables)

Segment Reporting (Tables)	6 Months Ended
	Mar. 31, 2016
Segment Reporting [Abstract]
Schedule of Reportable Segments	The following tables present information about our reportable segments for the respective periods (in thousands): Three Months Ended March 31, Six Months Ended March 31, 2016 2015 2016 2015 Revenues Good Times $ $ $ $ Bad Daddy’s 8,530 2,009 15,331 3,260 $ $ $ $ Income (Loss) from operations Good Times $ $ ) $ ) $ ) Bad Daddy’s (307 ) (142 ) (1,027 ) (409 ) Corporate (144 ) (197 ) (288 ) (197 ) $ (431 ) $ (368 ) $ (1,362 ) $ (731 ) Capital Expenditures Good Times $ $ $ $ Bad Daddy’s 1,937 342 5,421 1,034 Corporate 67 2 80 22 $ $ $ $ March 31, 2016 September 30, 2015 Property & Equipment, net Good Times $ $ Bad Daddy’s 13,008 8,837 Corporate 173 118 $ $

Investment in Affiliate (Detail

Investment in Affiliate (Details) - USD ($)	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	May. 07, 2015	Apr. 15, 2013
Investments in and Advances to Affiliates [Line Items]
Affiliate investment expense	$ 0	$ 12,000	$ 0	$ 13,000
Bad Daddy Franchise Development LLC [Member]
Investments in and Advances to Affiliates [Line Items]
Subscription agreement for the purchase of Class A Units						4,800
Ownership interest						48.00%
Aggregate subscription price						$ 750,000
Remaining interest acquired					52.00%
Bad Daddy's International, LLC [Member]
Investments in and Advances to Affiliates [Line Items]
Remaining interest acquired					52.00%

Goodwill and Intangible Asset27

Goodwill and Intangible Assets (Narrative) (Details) - USD ($)	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Goodwill and Intangible Assets [Abstract]
Amortization of Intangible Assets	$ 14,000	$ 0

Goodwill and Intangible Asset28

Goodwill and Intangible Assets (Intangible Assets Subject to Amortization) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Sep. 30, 2015
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 131	$ 131
Accumulated Amortization	(28)	(14)
Net Carrying Amount	103	117
Franchise Rights [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	116	116
Accumulated Amortization	(23)	(11)
Net Carrying Amount	93	105
Noncompete Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	15	15
Accumulated Amortization	(5)	(3)
Net Carrying Amount	$ 10	$ 12

Goodwill and Intangible Asset29

Goodwill and Intangible Assets (Indefinite-lived Intangible Assets) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Sep. 30, 2015
Trademarks and Trade Names [Member]
Indefinite-lived Intangible Assets [Line Items]
Indefinite-Lived Intangible Assets (Excluding Goodwill)	$ 3,900	$ 3,900

Goodwill and Intangible Asset30

Goodwill and Intangible Assets (Schedule of Goodwill and Intangible Assets) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Sep. 30, 2015	May. 07, 2015
Goodwill and Intangible Assets [Abstract]
Intangible assets, gross carrying amount	$ 4,031	$ 4,031
Accumulated Amortization	(28)	(14)
Intangible Assets, Net (Excluding Goodwill)	4,003	4,017
Goodwill, Gross	15,076	15,066
Goodwill, Impaired, Accumulated Impairment Loss	0	0
Goodwill	$ 15,076	$ 15,066	$ 14,980

Goodwill and Intangible Asset31

Goodwill and Intangible Assets (Estimated Aggregate Future Amortization Expense) (Details) - USD ($) $ in Thousands	Mar. 31, 2016	Sep. 30, 2015
Goodwill and Intangible Assets [Abstract]
Remainder of 2016	$ 14
2,017	28
2,018	19
2,019	10
2,020	10
Thereafter	22
Net Carrying Amount	$ 103	$ 117

Common Stock (Details)

Common Stock (Details) - USD ($)	May. 07, 2015	Feb. 04, 2015	Jan. 29, 2015	Mar. 31, 2016	Sep. 30, 2015
Common Stock [Abstract]
Common Stock Par Or Stated Value Per Share				$ 0.001	$ 0.001
Aggregate amount of stock value authorized by SEC to be issued	$ 75,000,000
Aggregate amount of stock shares authorized by SEC to be issued		2,094,236	2,094,236
Aggregate amount of stock value issued under S-3				$ 22,688,052
Number of shares issued	2,783,810
Price per share issued	$ 8.15
Proceeds from shares issued	$ 20,600,000

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($)	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock based compensation expense	$ 355,000	$ 153,000
Proceeds from stock option exercises	$ 15,000	$ 45,000
Non Statutory Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted, shares	22,686	80,871
Stock options granted, exercise price		$ 7.79
Stock options granted, per-share weighted average fair value		$ 5.85
Non Statutory Stock Options [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted, exercise price	$ 5.29
Stock options granted, per-share weighted average fair value	2.87
Non Statutory Stock Options [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted, exercise price	6.23
Stock options granted, per-share weighted average fair value	$ 4.52
Incentive Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted, shares	54,110	103,955
Stock options granted, exercise price		$ 7.79
Stock options granted, per-share weighted average fair value		$ 5.85
Incentive Stock Option [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted, exercise price	$ 5.29
Stock options granted, per-share weighted average fair value	2.87
Incentive Stock Option [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted, exercise price	6.23
Stock options granted, per-share weighted average fair value	$ 4.52
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted, shares	76,796
Stock options granted, exercise price	$ 5.31
Aggregate Intrinsic Value, Outstanding	$ 497,000
Aggregate Intrinsic Value, Exercisable	363,000
Remaining total unrecognized compensation cost related to unvested stock-based arrangements	$ 957,000
Employee service share-based compensation, nonvested awards, total compensation cost not yet recognized, period for recognition	4 years 7 months 6 days
Stock options exercised, shares	6,864	3,891
Proceeds from stock option exercises	$ 15,000	$ 7,000
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock granted, shares	44,755
Restricted stock granted, weighted average grant date fair value per share	$ 4.18
Vesting period	3 years
Remaining total unrecognized compensation cost related to unvested stock-based arrangements	$ 431,000
Employee service share-based compensation, nonvested awards, total compensation cost not yet recognized, period for recognition	2 years 7 months 6 days

Stock-Based Compensation (Weigh

Stock-Based Compensation (Weighted Average Assumptions Used to Estimate Fair Value of Stock Option Grants) (Details) $ in Thousands	6 Months Ended
	Mar. 31, 2016USD ($)
Fiscal 2016 Incentive Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility, minimum	81.77%
Expected volatility, maximum	89.08%
Risk free interest rate, minimum	1.65%
Risk free interest rate, maximum	2.07%
Expected dividends	$ 0
Fiscal 2016 Incentive Stock Options [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (years)	6 years 6 months
Fiscal 2016 Incentive Stock Options [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (years)	7 years 6 months
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, minimum	87.40%
Expected volatility, maximum	112.11%
Risk free interest rate, minimum	1.85%
Risk free interest rate, maximum	1.94%
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

Stock-Based Compensation (Summa

Stock-Based Compensation (Summary of Stock Option Activity under Share Based Compensation Plan) (Details) - Employee Stock Option [Member] - $ / shares	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Shares
Outstanding-beginning of year	540,444
Options granted	76,796
Options exercised	(6,864)	(3,891)
Forfeited	(12,991)
Expired	(13,917)
Outstanding December 31, 2015	583,468
Exercisable December 31, 2015	294,533
Weighted Average Exercise Price
Outstanding-beg of year	$ 5.27
Options granted	5.31
Options exercised	2.20
Forfeited	8.08
Expired	17.04
Outstanding March 31, 2016	4.97
Exercisable March 31, 2016	$ 4.45
Weighted Average Remaining Contractual Life (Yrs.)
Outstanding March 31, 2016	7 years 4 months 24 days
Exercisable March 31, 2016	6 years 1 month 6 days

Stock-Based Compensation (Sum36

Stock-Based Compensation (Summary of Non-vested Restricted Stock Activity) (Details) - Restricted Stock [Member] - $ / shares	6 Months Ended
	Mar. 31, 2016	Sep. 30, 2015
Shares
Non-vested shares at beg of year	148,426
Granted	44,755
Forfeited	(8,721)
Vested	0
Non-vested shares at March 31, 2016	184,460
Weighted Average Grant Date Fair Value Per Share
Granted	$ 4.18
Minimum [Member]
Weighted Average Grant Date Fair Value Per Share
Non-vested shares		$ 3.23
Maximum [Member]
Weighted Average Grant Date Fair Value Per Share
Non-vested shares		$ 8.60

Notes Payable and Long-Term D37

Notes Payable and Long-Term Debt (Details) - USD ($)	May. 06, 2016	May. 07, 2015	Jul. 30, 2014	Mar. 31, 2016	Mar. 31, 2015
Debt Instrument [Line Items]
Borrowings on notes payable and long-term debt				$ 0	$ 1,118,000
Amount of promissory note		$ 2,414,000
Bad Daddy's International, LLC [Member]
Debt Instrument [Line Items]
Interest rate		3.25%
Payment period		1 year
Amount of promissory note		$ 2,414,000
Good Times Drive Thru Inc. [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. [Member] | Promissory Note [Member] | Minimum [Member]
Debt Instrument [Line Items]
Prepayment fees, percent			1.00%
Good Times Drive Thru Inc. [Member] | Promissory Note [Member] | Maximum [Member]
Debt Instrument [Line Items]
Prepayment fees, percent			3.00%
Good Times Drive Thru Inc. [Member] | Development Line Loan And Security Agreement [Member]
Debt Instrument [Line Items]
Loan Agreement, amount			$ 2,100,000	$ 1,147,000
Loan Agreement, amount outstanding				1,314,000
Borrowings on notes payable and long-term debt				$ 0
Bad Daddy's International, LLC [Member] | Promissory Note [Member] | Subsequent Event [Member]
Debt Instrument [Line Items]
Repayment of promissory note	$ 2,492,527

Warrants (Narrative) (Details)

Warrants (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	6 Months Ended		23 Months Ended
	Aug. 21, 2013	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2015	Nov. 14, 2014
Class of Warrant or Right [Line Items]
Proceeds from warrant exercises, net		$ 0	$ 3,221	$ 9,782
Class A Warrant [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
Class B Warrant [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
Warrant [Member]
Class of Warrant or Right [Line Items]
Warrants outstanding		0
Underwriters [Member] | Class A Warrant [Member]
Class of Warrant or Right [Line Items]
Warrants issued	330,000
Number of common stock to be purchased by warrants	330,000
Underwriters [Member] | Class B Warrant [Member]
Class of Warrant or Right [Line Items]
Warrants issued	330,000
Number of common stock to be purchased by warrants	165,000
Underwriters [Member] | Representative Warrants [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
Underwriters [Member] | Representative Warrants [Member] | Minimum [Member]
Class of Warrant or Right [Line Items]
Exercise date	May 16, 2014
Underwriters [Member] | Representative Warrants [Member] | Maximum [Member]
Class of Warrant or Right [Line Items]
Exercise date	Aug. 16, 2018

Net Income (Loss) per Common 39

Net Income (Loss) per Common Share (Details) - shares	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Employee Stock Option [Member]
Antidilutive securities excluded from diluted EPS computation	328,080
Restricted Stock [Member]
Antidilutive securities excluded from diluted EPS computation		345,337

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($)	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Jun. 30, 2015
Heathcote Capital LLC [Member]
Related Party Transaction [Line Items]
Total amount paid to advisory service agreement	$ 0	$ 15,000
Bad Daddy Franchise Development LLC [Member]
Related Party Transaction [Line Items]
Ownership interest in affiliate			48.00%
Management services	$ 0	$ 12,000

Impairment of Long-Lived Asse41

Impairment of Long-Lived Assets and Goodwill (Details)	6 Months Ended
	Mar. 31, 2016USD ($)restaurants	Sep. 30, 2015USD ($)	May. 07, 2015USD ($)
Impaired Long-Lived Assets Held and Used [Line Items]
Number of restaurants impaired | restaurants	0
Goodwill	$ 15,076,000	$ 15,066,000	$ 14,980,000
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	$ 14,980,000

Income Taxes (Details)

Income Taxes (Details) - USD ($)	6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Income Tax Examination [Line Items]
Deferred tax assets	$ 0
Income tax provision or benefit	$ 0	$ 0
Effective income tax rate	0.00%	0.00%
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	2,012
Maximum [Member]
Income Tax Examination [Line Items]
Years subject to income tax examination	2,015

Non-controlling Interests (Deta

Non-controlling Interests (Details) $ in Thousands	6 Months Ended
	Mar. 31, 2016USD ($)
Noncontrolling Interest [Line Items]
Balance at September 30, 2015	$ 1,615
Income	369
Distributions	(434)
Balance at March 31, 2016	1,550
Good Times Drive Thru Inc. [Member]
Noncontrolling Interest [Line Items]
Balance at September 30, 2015	320
Income	195
Distributions	(211)
Balance at March 31, 2016	304
Bad Daddy's International, LLC [Member]
Noncontrolling Interest [Line Items]
Balance at September 30, 2015	1,295
Income	174
Distributions	(223)
Balance at March 31, 2016	$ 1,246

Segment Reporting (Details)

Segment Reporting (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2016	Mar. 31, 2015	Sep. 30, 2015
Segment Reporting Information [Line Items]
Revenues	$ 15,318	$ 8,714	$ 29,156	$ 16,569
Income (Loss) from operations	(431)	(368)	(1,362)	(731)
Capital Expenditures	2,238	1,226	6,193	2,977
Property & Equipment, net	18,730		18,730		$ 14,222
Good Times Burgers And Frozen Custard Restaurants [Member]
Segment Reporting Information [Line Items]
Revenues	6,788	6,705	13,825	13,309
Income (Loss) from operations	20	(29)	(47)	(125)
Capital Expenditures	234	882	692	1,921
Property & Equipment, net	5,549		5,549		5,267
Bad Daddys Burger Bar Restaurant [Member]
Segment Reporting Information [Line Items]
Revenues	8,530	2,009	15,331	3,260
Income (Loss) from operations	(307)	(142)	(1,027)	(409)
Capital Expenditures	1,937	342	5,421	1,034
Property & Equipment, net	13,008		13,008		8,837
Corporate Segment [Member]
Segment Reporting Information [Line Items]
Income (Loss) from operations	(144)	(197)	(288)	(197)
Capital Expenditures	67	$ 2	80	$ 22
Property & Equipment, net	$ 173		$ 173		$ 118

Subsequent Events (Details)

Subsequent Events (Details)	May. 06, 2016USD ($)
Subsequent Event [Member] | Bad Daddy's International, LLC [Member] | Promissory Note [Member]
Subsequent Event [Line Items]
Repayment of promissory note	$ 2,492,527