Noun
franchisee (plural franchisees)
A holder of a franchise; a person who is granted a franchise.
Also, franchise agreements carry no guarantees or warranties and the franchisee has little or no recourse to legal intervention in the event of a dispute. Source: Internet
Although franchisor revenues and profit may be listed in a franchise disclosure document (FDD), no laws require an estimate of franchisee profitability, which depends on how intensively the franchisee "works" the franchise. Source: Internet
All cars sold through the local dealer, Neal and Massey (also franchisee for Vauxhall and Buick), were right-hand-drive, and imported from Canada and Australia. Source: Internet
Franchising A fast food chain restaurant is generally owned either by the parent company of the fast food chain or a franchisee – an independent party given the right to use the company's trademark and trade name. Source: Internet
He was bought for $600,000 by India Cements, the Chennai franchisee of the IPL, through a bidding process. citation The Chennai Super Kings were the runners up in the inaugural edition of the IPL, losing to the Rajasthan Royals in the final. Source: Internet
In a case that has highlighted unease over the country’s strenuous work culture, 7-Eleven terminated a franchisee who defied a corporate mandate by taking New Year’s Day off. Source: Internet