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Longman Dictionary of Contemporary English
franchisor
noun
EXAMPLES FROM CORPUS
▪ Already he is delighted with the back-up he has had from a professionally run franchisor.
▪ It is normal for the franchisor to charge the franchisee an advertising levy for promoting the product and the franchise.
▪ Under the franchise agreement the franchisor grants the franchisee the right to sell the product in a particular territory.
▪ Usually the initial fee payable to the franchisor is between 5 percent and 10 percent of the total investment.
▪ We will have the franchisor, who will be responsible for awarding contracts and for contract administration.
Wiktionary
franchisor

n. A company which or person who grants franchises.