If I franchise with Penn Station, am I personally required to work in or manage my restaurant?

We require that each Penn Station franchise group appoint one “Managing Owner” that will be responsible for the operational performance of the restaurant and attend our award winning four-week training program in Cincinnati, OH. They must have restaurant management experience comparable to the number of restaurants you will develop. Additionally, the proposed Managing Owner must own a minimum 10% equity in and live near to the market where your restaurants will be located. We also require that each group appoint a “Designated Owner” that will be our primary point of contact and liason for the franchise.