franchisee

[fran-chuh-zee]

franchisee Definition

a person or company that is granted a license to operate a business using the trademark, products, and processes of an existing business.

Using franchisee: Examples

Take a moment to familiarize yourself with how "franchisee" can be used in various situations through the following examples!

  • Example

    The franchisee opened a new branch of the restaurant in the city center.

  • Example

    The franchisee is responsible for maintaining the quality of the products and services.

  • Example

    The franchisee pays a fee to the franchisor for the right to use their brand.

franchisee Synonyms and Antonyms

Synonyms for franchisee

Phrases with franchisee

  • a person or company that has the right to sub-franchise a brand within a particular territory

    Example

    The master franchisee is responsible for recruiting and training new franchisees in their region.

  • single-unit franchisee

    a person or company that owns and operates a single franchise location

    Example

    The single-unit franchisee is responsible for managing the day-to-day operations of their business.

  • multi-unit franchisee

    a person or company that owns and operates multiple franchise locations

    Example

    The multi-unit franchisee has expanded their business by opening several franchise locations in different cities.

📌

Summary: franchisee in Brief

'Franchisee' [fran-chuh-zee] refers to a person or company that is granted a license to operate a business using the trademark, products, and processes of an existing business. It is responsible for maintaining the quality of the products and services and pays a fee to the franchisor for the right to use their brand. 'Franchisee' extends into phrases like 'master franchisee,' who has the right to sub-franchise a brand within a particular territory, and 'multi-unit franchisee,' who owns and operates multiple franchise locations.