Chili’s

Definition

Chili's is a casual dining restaurant chain that operates as a franchise, showcasing a business model where individuals or entities are granted the rights to open and operate a restaurant under the Chili’s brand. This model allows for standardized quality and service across locations while providing franchisees support from the parent company, Brinker International.

Related terms

Franchise:

A licensing arrangement whereby an individual or company acquires the rights to use another's brand name, operating system, and proprietary knowledge to sell goods or services within a defined area.

Franchisor:

The entity that grants the franchisee the right to use its trademark or trade name as well as certain business systems and processes, to produce and market a good or service according to certain specifications.

Franchisee:

An individual or company that holds a franchise for the sale of goods or services; they must adhere to specific rules set by the franchisor but benefit from operating under an established brand