Denver-based restaurant chain Good Times Restaurants saw its Q3 same store sales increase 13.2%, after last year’s decrease of 0.41%. April same store sales increased 12.6%, May increased 15.3% and June increased 11.8%.
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“Our frozen custard flavour of the month programme has driven significant traffic among existing customers and provided a reason for trial with an entirely new customer group,” explained Boyd Hoback, president and CEO: “We anticipate continued sales growth as a result of our ongoing efforts to reposition the Good Times’ brand.”
Hoback added that the company plans to expand from 33 restaurants in the Front Range and Denver metropolitan areas to over 55 Colorado locations over the next few years. The company’s expansion plans include entering the Colorado Springs, Pueblo, Parker and Castle Rock markets as well as adding additional stores along the Front Range from metro Denver to Fort Collins. The company also recently unveiled its progressive new architectural look for future stores.
“Our expansion will allow us to provide a much higher level of convenience for our customers in Colorado and continue to gain advertising strength,” said Hoback. “We are adding labour to existing stores to meet new customer needs.”
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By GlobalData
