"But about 12 of our independent franchisees do."

Individual stores are operated by independent franchisees.

Beginning in 1981, Coke began taking equity positions in some of its largest bottlers, which have historically been predominantly independent franchisees.

Instead of financing and managing the new outlets yourself, you work with independent franchisees.

As independent franchisees, they are free to choose their style of retailing.

The filling did not include its international or Canadian operations, nor its independent franchisees.

It is owned by DineEquity, with 99% of the restaurants run by independent franchisees.

Today, only 155 of the 867 shops in Japan are owned by independent franchisees.

Most stations are run by independent franchisees, who may not be able to pay for large cleanups.

The chain's stores are owned by independent franchisees.