Pros
Being able to freely draft your own schedule is a wonderful boon but it's almost the only pro I can list. A single shift meal, free soda all day and a fun environment are hardly reasons to work in an industry. However, I can list them as perks for this job.
Cons
Long days. Several 14 hour days in a row working alone because the owner decided he didn't want to pay labor. Constant battles with what to order vs what we wasted. It may be the most difficult to anticipate flow through I have ever experienced. Food service is always unpredictable, but this was egregious. Owner refused to staff more than one person at a time. The pitfalls are entirely based on your franchise owner. Use caution in accepting management. All in all my suggestion is to manage a Burger King, instead.