IPA: /ˈfræn.tʃaɪ.ziː/
KK: /ˈfrænˌtʃaɪzi/
A person or business that has been given the right to operate a franchise, which is a business model that allows them to sell products or services under the brand of a larger company.
As a franchisee, she was able to open her own coffee shop using the brand's established name and business practices.
Franchisee → It is formed from "franchise" (from Old French *franchise*, meaning freedom or privilege) and the suffix "-ee" (meaning a person who is the recipient of an action). A franchisee is a person who receives the right or privilege to operate a business under the franchisor's brand.
Think of a franchisee as someone who has received a 'privilege' ('franchise') to run a business, with the '-ee' indicating that they are the one receiving this opportunity.