Definition, Meaning & Synonyms

franchisee

Noun

/ˈfranˌtʃīzē/

Definition

A franchisee is an individual or company that holds the franchise rights to operate a business using the branding and operating methods of an established company.

Examples

The franchisee successfully opened a new restaurant in their local community.
As a franchisee, she benefited from the support and reputation of the well-known brand.
Each franchisee is responsible for managing their own store while following the franchisor’s guidelines.

Meaning

The term refers to a person or business that has acquired the rights to sell or distribute the products or services of a franchisor in a specific territory.