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| Topic: |
Business
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| Number of pages / Number of words: |
40 / 11143 |
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He had also established a number of franchises in Canada. By 1963, the number of KFC franchises had risen to more than 300 and revenues topped $500 million. The Colonel celebrated his 74th birthday the following year and was eager to lessen the load of running the day-to-day operations of his business...
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Thus, he looked for potential buyers and sold his business to two Louisville businessmen - Jack Massey and John Young Brown Jr. - for $2 million. The Colonel stayed on as a public relations man and goodwill ambassador for the company. During the next five years, Massey and Brown concentrated on growing KFC’s franchise system across the United States...
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Number 1
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