Shane's Rib Shack Launches New Owner/Operator Model To Eliminate Barriers To Accessing Capital Own-A-ShanesRibShack.com Launches to Support New Ownership Opportunities - First Stop Washington D.C./Northern Virginia

ATLANTA, July 27 /PRNewswire/ -- Shane's Rib Shack, a Petrus Brands concept and true American rib shack, is extending its ownership opportunities to help others achieve the American Dream of business ownership. With the launch of a new social community, Own-A-ShanesRibShack.com, Shane's Rib Shack is stretching outside its typical franchise model and seeking qualified candidates, who, for as little as $10,000 can become an Owner/Operator of a Shane's Rib Shack restaurant. Shane's also will continue to offer its traditional franchise model for those who are seeking the independence that comes with being a franchisee.

Owner/Operator Model

The Owner/Operator Model eliminates the financial barriers of established net worth, liquidity and the ability to secure financing to cover store development costs that typically run from $403,100 to $690,500.

With the Owner/Operator Shane's model, general managers who have extensive experience managing restaurants, can now step up to ownership. All owner/operators will receive a competitive base salary and benefits, plus a share of the profits.

"I will be the first to tell you franchising is not for everyone, particularly in a tight economic market; however there are a great many qualified candidates in the market today who with no financial barriers, could make great restaurant owners," says Shane Thompson, founder and president of Shane's Rib Shack. "This new model makes it possible for them to own and operate their own business with only a $10,000 investment. This may be the best opportunity in the fast casual market today."

Shane Thompson built his life's passion around hard work, family involvement and a collection of coveted family recipes that adorn the rib shack's menu today. He believes in giving people more than what they paid for and treating them like family. To this day, Shane and his family still operate the original shack in McDonough, GA and are now looking for smart, enthusiastic, hard-working restaurant professionals who want to join the team.

Initially open to potential owner/operators in the Washington D.C. and Northern Virginia area, interested candidates can register on www.own-a-shanesribshack.com to review more details, answer a few key questions and provide their resumes for consideration. Each candidate should have at least two years of restaurant experience in a managerial role and be capable of contributing an investment of up to $10,000 to start their own Shack. Qualified candidates that register on www.own-a-shanesribshack.com will have an opportunity to meet with Shane on July 30, when he will arrive at our nation's capital to kick off this new program with the hopes of identifying the first owner/operators in a growing Shane's Rib Shack family.

About Shane's Rib Shack

Shane's Rib Shack, a Petrus Brands concept, is a true American rib shack, known for its slow-cooked baby back ribs, hand-chopped chicken and pork, and many southern sides to complement each plate. The original shack was founded in 2002, in rural McDonough, Ga. by Shane Thompson, who started the restaurant with his grandfather's secret BBQ sauce. Since becoming a franchised restaurant in 2004, Shane's Rib Shack has grown to become the country's fastest growing fast-casual barbecue concept. Shane's Rib Shack was selected as #20 on the Fast Casual Movers and Shakers list of 2008, highlighting the very best of the Fast Casual industry's over 600 restaurants. Shane's Rib Shack currently operates more than 70 locations. For more information, visit www.shanesribshack.com

SOURCE Shane's Rib Shack



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