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The word 'franchisee' is correct and commonly used in written English.
It refers to a person or organization that has been granted the right to operate a business under a franchiser's name, trademark, and business model. Example: The fast food chain has over 100 franchisees across the country, each operating their own restaurant under the company's brand.
Dictionary
franchisee
noun
A holder of a franchise; a person who is granted a franchise.
Exact(60)
With more than 1,400 stores in the UK, Subway is already five times the size it was in 2004, but its founder and self-styled "sandwich king" Fred DeLuca, who was in London to speak at a franchisee conference last week, was bullish: "Everybody eats three times a day; it's only a question of where they choose to eat.
By the time Benetton came to Syria to scout for a franchisee in the mid-1990s, Mr Samha owned a factory exporting clothes to Europe.
After Iran, he will even have run out of rogue states (Benetton's Egyptian franchisee has snapped up Libya).
The company's local franchisee, a Harvard-educated, Vietnamese-American tech tycoon, is the son-in-law of Nguyen Tan Dung, the prime minister, who presides over a nominally communist nation.
The Ingka Holding group, the company owned by the Kamprad foundation, is the biggest franchisee, with its 207 stores; other franchisees run the remaining 28 stores, which are mainly in the Middle East and Asia.How much money does Inter IKEA Systems make?
In return, the Japanese firm may get not only capital and new management ideas, but also better access to the burgeoning Chinese market.This is the case with Laox, an atrophying electronics retailer in which a Chinese franchisee and Suning, a big Chinese appliance retailer, recently bought a 51% stake.
Much is made of the East Coast mainline, which has been run successfully by a state-owned group after the private franchisee had to step down in 2009.
After it opened 25 outlets, the incumbent franchisee reopened under a new, if similar, name.
The franchisee pays it $2 or so and sells for about $3.
"When the head of our design team went to one Westin franchisee to ask him to use a white bedspread to match our brand image, he said 'but it will stain'.
Jemaah Islamiah, the local al-Qaeda franchisee, responsible for the bombing in Bali in 2002 and other attacks, has been marginalised: its most dangerous fanatics are in jail or hiding in the jungles of Mindanao in the southern Philippines.
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