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Updated almost 3 years ago, 01/30/2022
![Victor Kapustin's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1874276/1642363592-avatar-victork53.jpg?twic=v1/output=image/crop=866x866@12x0/cover=128x128&v=2)
Few questions for Franchise Owners here
I'm considering opening a Coffee Franchise in my area and would really appreciate below answers from people in this line of work:
1) What are the exit options once you own a Franchise? (since you don't own the land or the business)
2) How actively involved are you with the day-to-day Business operations?
3) Everyone knows with Franchises that you pay Royalties to Corporate. But are there minimum monthly cash amounts that need to be met for royalties?
Thanks!