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franchisee

 

Definitions from the Web

Franchisee

A franchisee is an individual or a business entity that has been granted the rights by a franchisor to operate a franchise business under their established brand and business model.

Senses and Usages:

Noun:

1. A business owner or entrepreneur who owns and operates a franchise business.

Example sentence: The franchisee successfully opened several fast-food restaurants in the city.

Noun:

2. A person who has acquired the right to represent and sell the products or services of a larger company in a specific geographical area.

Example sentence: The franchisee signed a contract with a prominent electronics company to sell their products in a particular region.

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