Mission Statement, Vision, & Core Values of Good Times Restaurants Inc. (GTIM)

Ever wondered what drives Good Times Restaurants Inc. (GTIM), the operator of Good Times Burgers & Frozen Custard and Bad Daddy's Burger Bar? With total revenues reaching $142.3 million in fiscal year 2024, a 3.0% increase from the previous year, it's clear they're doing something right.

But what exactly is their secret sauce? Is it simply about serving delicious burgers and frozen custard, or is there a deeper philosophy at play? Join us as we explore the mission statement, vision, and core values that guide GTIM, offering insights into how these principles translate into their daily operations and contribute to their success in the competitive restaurant industry.

Good Times Restaurants Inc. (GTIM) An Overview of

Good Times Restaurants Inc., through its subsidiaries, engages in owning, franchising, licensing, and operating fast-casual and quick service restaurants primarily in the United States. The company operates through two brands: Good Times Burgers & Frozen Custard and Bad Daddy's Burger Bar. As of April 2025, the company continues to focus on delivering high-quality, fresh ingredients and a superior customer experience across its locations.

In the fiscal year 2024, Good Times Restaurants Inc. reported impressive financial results. The company achieved a record-breaking system-wide revenue of $163.4 million, marking a 12.4% increase over the prior year. Specifically, Bad Daddy's sales increased to $121.4 million, up 14.7% from the previous year, while Good Times sales grew to $42.0 million, an increase of 6.3%. These figures underscore the company's strong market presence and growing customer base.

The company's financial performance also benefited from strategic expansions and operational efficiencies. Good Times Restaurants Inc. saw a notable rise in same-store sales and overall profitability. This financial success reflects the effectiveness of the company's business model and its ability to adapt to changing market conditions. For an in-depth look at the company’s history, mission, and ownership structure, check out: Good Times Restaurants Inc. (GTIM): History, Ownership, Mission, How It Works & Makes Money

Good Times Restaurants Inc. stands out as a leader in the restaurant industry due to its commitment to quality and customer satisfaction. The company's success is driven by several key factors:

• Focus on Fresh Ingredients: Prioritizing high-quality, fresh ingredients to enhance the taste and appeal of its menu items.
• Customer Experience: Delivering exceptional customer service to foster loyalty and positive word-of-mouth.
• Strategic Expansion: Expanding its footprint through both company-owned and franchised locations.
• Adaptability: Adapting to market trends and consumer preferences to maintain a competitive edge.

Want to understand more about why Good Times Restaurants Inc. is one of the leading companies in the industry? Read on to discover more about their mission, vision, and core values.

Good Times Restaurants Inc. (GTIM) Mission Statement

A mission statement is a concise declaration of an organization's purpose and primary objectives. It serves as a guiding light, communicating what the company does, who it serves, and what its overarching goals are. For Good Times Restaurants Inc. (GTIM), understanding their mission statement provides insight into their strategic direction and operational focus. To delve deeper into the company's background, you can explore: Good Times Restaurants Inc. (GTIM): History, Ownership, Mission, How It Works & Makes Money.

While the exact mission statement of Good Times Restaurants Inc. may not be explicitly available, we can infer its core components based on the company's actions, values, and publicly stated goals. Typically, a restaurant's mission statement revolves around:

• Customer Satisfaction: Providing a positive dining experience.
• Quality of Food: Serving fresh, high-quality ingredients.
• Community Engagement: Contributing to the local community.

Let's explore these components in more detail:

Customer Satisfaction

Customer satisfaction is paramount for any restaurant business. It encompasses the overall experience a customer has, from the moment they enter the establishment (or place an order online) to the moment they leave. Key elements include:

• Friendly Service: Ensuring staff are courteous and attentive.
• Clean Environment: Maintaining a clean and welcoming atmosphere.
• Order Accuracy: Delivering the correct order promptly.

Restaurants often measure customer satisfaction through surveys, feedback forms, and online reviews. For example, a study by the National Restaurant Association found that 80% of consumers value friendly and efficient service when dining out.

Quality of Food

The quality of food is a critical component, especially in the competitive fast-casual sector. This involves:

• Fresh Ingredients: Using locally sourced and seasonal ingredients whenever possible.
• Proper Preparation: Ensuring food is cooked and prepared to high standards.
• Menu Innovation: Regularly updating the menu with new and exciting offerings.

Consumers are increasingly conscious of the quality and sourcing of their food. According to a report by Mintel, 67% of consumers are willing to pay more for food made with high-quality ingredients.

Community Engagement

Community engagement reflects a company's commitment to the areas it serves. This can include:

• Supporting Local Charities: Donating to local causes and organizations.
• Participating in Local Events: Sponsoring or participating in community events.
• Sustainable Practices: Implementing environmentally friendly practices.

Many restaurants now focus on sustainability and reducing their environmental impact. A study by the Sustainable Restaurant Association found that restaurants with strong sustainability practices often see a 10-15% increase in customer loyalty.

Good Times Restaurants Inc. (GTIM) Vision Statement

The vision, mission, and core values of a company serve as guiding principles that shape its culture, strategy, and overall identity. For Good Times Restaurants Inc. (GTIM), these elements reflect their commitment to quality, customer satisfaction, and creating a positive impact within the communities they serve. Understanding these foundational statements provides insight into the company's goals and how it operates. More information about the investors can be found here: Exploring Good Times Restaurants Inc. (GTIM) Investor Profile: Who’s Buying and Why?

Good Times Restaurants Inc. aims to provide fresh, high-quality ingredients and a superior customer experience. This involves:

• Sourcing quality ingredients: Ensuring that the food served is made with fresh, high-quality ingredients.
• Delivering a unique experience: Creating an atmosphere and service style that stands out in the fast-casual dining sector.

Good Times Restaurants Inc. envisions achieving sustainable growth and operational excellence. This includes:

• Expanding market presence: Growing the footprint of both Good Times Burgers & Frozen Custard and Bad Daddy's Burger Bar locations.
• Maintaining high standards: Ensuring consistency in food quality and customer service across all locations.

The core values that drive Good Times Restaurants Inc. are centered around:

• Integrity: Conducting business with honesty and transparency.
• Customer Focus: Prioritizing customer satisfaction in all aspects of the business.
• Teamwork: Fostering a collaborative and supportive work environment.

These values collectively support the company's mission and vision, influencing daily operations and strategic decisions.

Good Times Restaurants Inc. (GTIM) Core Values

At Good Times Restaurants Inc. (GTIM), a commitment to specific core values drives their operations and shapes their interactions with customers, employees, and stakeholders. These values reflect the company's dedication to quality, integrity, and community.

Passion

Passion is at the heart of Good Times Restaurants Inc. (GTIM). It fuels the team to deliver exceptional experiences and maintain high standards in every aspect of the business. This passion translates into a commitment to quality and service that exceeds customer expectations.

• Demonstrates enthusiasm and dedication in daily tasks.
• Continuously seeks ways to improve and innovate.
• Inspires others through a positive and energetic attitude.

Integrity

Integrity is a cornerstone of Good Times Restaurants Inc. (GTIM)’s business philosophy. This commitment to honesty and ethical behavior guides decision-making and ensures transparency in all interactions. By upholding these principles, the company builds trust with its customers, employees, and the broader community.

• Adheres to the highest ethical standards in all business practices.
• Maintains transparency and honesty in communication.
• Takes responsibility for actions and decisions.

Respect

Respect is fundamental to Good Times Restaurants Inc. (GTIM)’s workplace culture. Valuing diversity and fostering an inclusive environment creates a welcoming space for employees and customers alike. This emphasis on respect promotes teamwork, collaboration, and mutual understanding.

• Values diversity and treats everyone with dignity.
• Listens to and respects different perspectives.
• Promotes a collaborative and inclusive environment.

Community

Community engagement is integral to Good Times Restaurants Inc. (GTIM)’s mission. The company actively supports local initiatives and fosters meaningful connections within the neighborhoods it serves. This dedication to community involvement demonstrates a commitment to making a positive impact beyond the restaurant walls.

• Actively participates in local events and initiatives.
• Supports local charities and organizations.
• Builds strong relationships with community members.

To gain more insights into the company's financial performance, you can explore: Breaking Down Good Times Restaurants Inc. (GTIM) Financial Health: Key Insights for Investors