Franchisee

RECENT NEWS
Wall Street Journal  Aug 16  Comment 
Acon Investments, the buyout firm that owns a bankrupt Applebee’s franchisee, wants to recapitalize the restaurant operator while also leaving the door open for a new bidder to emerge in the chapter 11 proceedings, a lawyer for the franchisee said.
Insurance Journal  Apr 3  Comment 
Fast food chain Arby’s and its franchisee Beavers’ Inc. are facing a federal lawsuit after several teenaged female employees were allegedly sexually harassed at an Arby’s in Atmore, Alabama. The Equal Opportunity Employment Commission sued...
The Hindu Business Line  Mar 9  Comment 
GMR Group and JSW Sports have entered into an agreement for a 50:50 partnership in GMR Group’s IPL franchisee Delhi Daredevil. Delhi Daredevils is owned by GMR Sports Private Ltd, an arm
Clusterstock  Mar 2  Comment 
Subway executives confirmed they expect more locations to close in the coming years. In 2017, the chain's US store count fell by 909 as it lost almost three times as many locations as the year before. Executives say that the chain hopes to...
The Hindu Business Line  Feb 15  Comment 
Will invest ₹100 cr for the launch
The Hindu Business Line  Dec 21  Comment 
Shares of Varun Beverages hits 9-year high on PepsiCo franchisee deal. The stock rose as much as 10.2 per cent to Rs 590 in early trade. The stock hit its highest level since December 22, 2008, and p...
Forbes  Dec 21  Comment 
One of the nation's largest restaurant franchisees agreed to pay $250,000 to settle a large child labor case in Massachusetts.
The Economic Times  Aug 22  Comment 
The stock rose 14.91 per cent to hit a high of Rs 282.80 on BSE.




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Franchisee

Person who bought permission from a company enabling them to carry out specified commercial activities.

The franchisor allows the franchisee to use the franchisor’s trademarks, collects a fee from the franchisee at the beginning of the operation, and the franchisor has significant control over the franchisee’s operation. [1] Fast-food companies are often franchised, and one example of a franchisor would be McDonald's Corporation. [2]

From 18c particular legal privilege. Authorization by a company to sell its products or services, is from 1959. [3] Franchising is from 1570s; the commercial licensing sense is from 1966. [4]

References

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