SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C.  20549
                                
                                
                            FORM 8-K
                                
                                
                         CURRENT REPORT
            Pursuant to Section 13 or 15(d) of the 
                Securities Exchange Act of 1934
                                


Date of Report (Date of earliest event reported):      September 29, 1995    

                     GOOD TIMES RESTAURANTS INC.                
     (Exact name of Registrant as specified in its charter)
                                
                                
      Nevada              0 18590             84-1133368         
(State or other jurisdiction  (Commission             (I.R.S. Employer
of incorporation)              File No.)               Identification No.)



       8620 Wolff Court, Suite 330, Westminster, CO 80030        
  (Address of principal executive offices, including zip code)
                                
                                
Registrant's telephone number, including area code:   (303) 427-4221          
                                
                                

(Former name, former address and former fiscal year, 
if changed since last report)
<PAGE>
Item 2.  Acquisition or Disposition of Assets.

     On September 29, 1995, Good Times Restaurants Inc. (the
"Company") completed the sale of 100% of the stock of Round The
Corner Restaurants, Inc. ("RTC"), its wholly-owned subsidiary, to
a private investor and members of RTC's management team.  The
Company received $100,000 in cash at closing and a secured note
in the principal amount of $200,000 (subject to adjustment as per
the Acquisition Agreement) bearing interest at 2% below the prime
lending rate and payable in 40 equal consecutive quarterly
installments of principal and interest based on an 80-quarter
amortization schedule, with a balloon payment due on September
30, 2005.  In addition, substantially all existing RTC
liabilities were assumed by the purchaser.  The Company will
defer a $98,000 gain on the sale.

Item 7.  Financial Statements and Exhibits.

     Exhibits.

     10.1 Acquisition Agreement dated August 11, 1995, between
          Good Times Restaurants Inc. and Hot Concepts Management
          Group, LLC.

     10.2 Letter Agreement dated September 19, 1995, amending the
          Acquisition Agreement referred to in Exhibit 10.1.


                           SIGNATURES
                                
                                
     Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.


                    GOOD TIMES RESTAURANTS INC.




Date:               By:                                          
                       Thomas A. Gordon, Executive Vice President
                              and Chief Financial Officer
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SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C.  20549
                                
                                
                            FORM 8-K
                                
                                
                         CURRENT REPORT
            Pursuant to Section 13 or 15(d) of the 
                Securities Exchange Act of 1934
                                

Date of Report (Date of earliest event reported):      September 29, 1995    

                     GOOD TIMES RESTAURANTS INC.                
     (Exact name of Registrant as specified in its charter)
                                
                                
      Nevada              0 18590             84-1133368         
(State or other jurisdiction  (Commission             (I.R.S. Employer
of incorporation)              File No.)               Identification No.)

       8620 Wolff Court, Suite 330, Westminster, CO 80030        
  (Address of principal executive offices, including zip code)
                                
                                
Registrant's telephone number, including area code:   (303) 427-4221          
                                
                                

(Former name, former address and former fiscal year, 
if changed since last report)
Item 2.  Acquisition or Disposition of Assets.

     On September 29, 1995, Good Times Restaurants Inc. (the
"Company") completed the sale of 100% of the stock of Round The
Corner Restaurants, Inc. ("RTC"), its wholly-owned subsidiary, to
a private investor and members of RTC's management team.  The
Company received $100,000 in cash at closing and a secured note
in the principal amount of $200,000 (subject to adjustment as per
the Acquisition Agreement) bearing interest at 2% below the prime
lending rate and payable in 40 equal consecutive quarterly
installments of principal and interest based on an 80-quarter
amortization schedule, with a balloon payment due on September
30, 2005.  In addition, substantially all existing RTC
liabilities were assumed by the purchaser.  The Company will
defer a $98,000 gain on the sale.

Item 7.  Financial Statements and Exhibits.

     Exhibits.

     10.1 Acquisition Agreement dated August 11, 1995, between
          Good Times Restaurants Inc. and Hot Concepts Management
          Group, LLC.

     10.2 Letter Agreement dated September 19, 1995, amending the
          Acquisition Agreement referred to in Exhibit 10.1.

                           SIGNATURES
                                
                                
     Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.

                    GOOD TIMES RESTAURANTS INC.

Date:               By:                                          
                       Thomas A. Gordon, Executive Vice President
                              and Chief Financial Officer