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| Colonel Sanders Founder of KFC |
....Colonel
Sanders is best known for creating a fried chicken recipe that would launch the
world's largest fast-food chicken chain, Kentucky Fried Chicken.
..Who Was
Colonel Harland Sanders?
At the age
of 40, Harland Sanders was running a popular Kentucky service station that also
served food—so popular, in fact, that the governor of Kentucky designated him a
Kentucky colonel. Eventually, Sanders focused on franchising his fried chicken
business around the country, collecting a payment for each chicken sold. The
company went on to become the world's largest fast-food chicken chain, Kentucky
Fried Chicken. Sanders died in Louisville, Kentucky, on December 16, 1980.
Early
Life and Career
Harland David
Sanders was born on September 9, 1890, in Henryville, Indiana. After his father
died when he was 6 years old, Sanders became responsible for feeding and taking
care of his younger brother and sister. Beginning at an early age, he held down
numerous jobs, including farmer, streetcar conductor, railroad fireman and
insurance salesman.
At age 40,
Sanders was running a service station in Kentucky, where he would also feed
hungry travelers. Sanders eventually moved his operation to a restaurant across
the street and featured a fried chicken so notable that he was named a Kentucky
colonel in 1935 by Governor Ruby Laughton.
Kentucky
Fried Chicken is born
In 1952,
Sanders began franchising his chicken business. His first franchise sale went
to Pete Harman, who ran a restaurant in Salt Lake City where “Kentucky Fried
Chicken” had the allure of a Southern regional specialty. When a new interstate
reduced traffic at Sanders' own restaurant in North Carolina, he sold the
location in 1955. He then started traveling across the country, cooking batches
of chicken from restaurant to restaurant, striking deals that paid him a nickel
for every chicken the restaurant sold. In 1964, with more than 600 franchised
outlets, he sold his interest in the company for $2 million to a group of
investors.
Kentucky
Fried Chicken went public in 1966 and was listed on the New York Stock Exchange
in 1969. More than 3,500 franchised and company-owned restaurants were in
worldwide operation when Heinlein Inc. acquired KFC Corporation in 1971 for
$285 million. KFC became a subsidiary of R.J. Reynolds Industries, Inc. (now
RJR Nabisco, Inc.), when Heinlein Inc. was acquired by Reynolds in 1982. KFC
was acquired in October 1986 from RJR Nabisco, Inc. by PepsiCo, Inc., for
approximately $840 million.
...Later Years
Sanders
continued to visit the KFC restaurants around the world as an ambassador
spokesman in his later years. He died of leukemia on December 16, 1980, at the
age of 90, in Louisville, Kentucky.
Kentucky
Fried Chicken is born
In 1952, Sanders
began franchising his chicken business. His first franchise sale went to Pete
Harman, who ran a restaurant in Salt Lake City where “Kentucky Fried Chicken”
had the allure of a Southern regional specialty. When a new interstate reduced
traffic at Sanders' own restaurant in North Carolina, he sold the location in
1955. He then started traveling across the country, cooking batches of chicken
from restaurant to restaurant, striking deals that paid him a nickel for every
chicken the restaurant sold. In 1964, with more than 600 franchised outlets, he
sold his interest in the company for $2 million to a group of investors.
Kentucky
Fried Chicken went public in 1966 and was listed on the New York Stock Exchange
in 1969. More than 3,500 franchised and company-owned restaurants were in
worldwide operation when Heinlein Inc. acquired KFC Corporation in 1971 for
$285 million. KFC became a subsidiary of R.J. Reynolds Industries, Inc. (now
RJR Nabisco, Inc.), when Heinlein Inc. was acquired by Reynolds in 1982. KFC
was acquired in October 1986 from RJR Nabisco, Inc. by PepsiCo, Inc., for
approximately $840 million.
Kentucky
Fried Chicken is born
In 1952,
Sanders began franchising his chicken business. His first franchise sale went
to Pete Harman, who ran a restaurant in Salt Lake City where “Kentucky Fried
Chicken” had the allure of a Southern regional specialty. When a new interstate
reduced traffic at Sanders' own restaurant in North Carolina, he sold the
location in 1955. He then started traveling across the country, cooking batches
of chicken from restaurant to restaurant, striking deals that paid him a nickel
for every chicken the restaurant sold. In 1964, with more than 600 franchised
outlets, he sold his interest in the company for $2 million to a group of
investors.
Kentucky
Fried Chicken went public in 1966 and was listed on the New York Stock Exchange
in 1969. More than 3,500 franchised and company-owned restaurants were in
worldwide operation when Heublein Inc. acquired KFC Corporation in 1971 for
$285 million. KFC became a subsidiary of R.J. Reynolds Industries, Inc. (now
RJR Nabisco, Inc.), when Heublein Inc. was acquired by Reynolds in 1982. KFC
was acquired in October 1986 from RJR Nabisco, Inc. by PepsiCo, Inc., for
approximately $840 million.
...Later Years
Sanders
continued to visit the KFC restaurants around the world as an ambassador
spokesman in his later years. He died of leukemia on December 16, 1980, at the
age of 90, in Louisville, Kentucky.
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