franchisee
Noun
Meaning
franchisee (plural franchisees)
A holder of a franchise; a person who is granted a franchise.
Synonyms
Examples
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.
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.
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.
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.
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.
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.