The definition of a franchisee is a person who is granted the right to market a company's product in a certain geographical area.
A person who buys the right to open a store under the Dairy Queen brand name is an example of a franchisee.
One that has been granted the right by a corporation to sell its product or service within a particular area.
- A holder of a franchise; a person who is granted a franchise.
- A franchise business opportunity is a way of doing business where a franchisee purchases a license for a successful business and trademark, duplicating operations as determined and directed by the franchisor.
- The store manager or franchisee knows from the outset whether the job seeker is looking for full or part-time hours and whether the hours they are willing to work are a good match for the restaurant's needs.
- A franchise agreement is a binding contract that directs the franchisee on all operations aspects of the business from following a business plan to hiring and training employees.
- A franchise agreement allows the franchisee to use the businesses name and sell a product or perform a service in a specified territory according to a proven formula.
- The start-up cost is a key factor, but the future happiness and success of the franchisee can also be affected by the hours and experience required by the franchise.