• KFC Secret Recipe Sold to Restaurants
Kentucky Fried Chicken is Born After closing the restaurant in 1952, Sanders devoted himself to franchising his chicken business. He traveled across the country, cooking batches of chicken from restaurant to restaurant, striking deals that paid him a nickel for every chicken the restaurant sold. His first franchise sale went to Pete Harman of Salt Lake City. 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
Later Years Sanders continued to visit the KFC restaurants around the world as a spokesman in his later years. He died of leukemia on December 16, 1980, at the age of 90, in Louisville, Kentucky.