Franchisee (noun)

1. A person or company that is granted the right to sell a company's goods or services in a particular area.
2. A person or company that operates a business under a franchising agreement.
3. A person who holds a franchise.

Origin:

Early 20th century: from franchise + -ee.

Examples:

1. The franchisee was responsible for setting up the new franchise location.
2. The franchisee was excited about the opportunities offered by the franchisor.
3. The franchisee was required to adhere to strict branding guidelines set by the franchisor.
4. The franchisee was responsible for the day-to-day operations of the franchise.
5. The franchisee was a successful entrepreneur who had started several franchises in the past.