The " Cod Wars" between the United Kingdom and Iceland during the 1970s caused cod prices to double. remained liable for millions of dollars of payments to investors. However, under the terms of its original sale-leaseback agreements, Orange Co. would sell to investors sites for new restaurants and then sign long leases unconditionally guaranteeing to continue lease payments if the restaurants failed.
Under the terms of these agreements, Orange Co. Lacking equity, he relied on generous sale-leaseback agreements. Under this name, Davis conducted an aggressive expansion campaign from 1972 through 1976.
īy the early 1970s, National Fast Food had become Orange Co. Authentic English Fish and Chips) introduced British fish and chips to America in California. Aided by Arthur Treacher's advertisements, these companies introduced British fish and chips to northeastern America, albeit four years after Salt's Fish & Chips (later renamed H. Long John Silver's, Captain D's, Skipper's and Alfie's Fish & Chips likewise employed the fish franchise concept about the same time. In 1970, Fisher Foods swapped capital with and licensed franchises from National, with a total of 550 franchises sold (106 to Fisher alone), but only 99 stores were actually in operation. Hartzog ran a chain of bakeries selling biscuits to Colonel Sanders franchisees nationally. Thomas sold his Colonel Sanders franchises back to that company for $3 million. Hartzog.ĭavis was a real estate developer who built and leased several Colonel Sanders Kentucky Fried Chicken properties. Robert Davis, his friend and future Wendy's founder Dave Thomas, and L. The franchise company was started in Columbus, Ohio in 1969 as National Fast Food Corp. John Elliott claimed the fish recipe to be the actor's own, brought over from the United Kingdom. In a 1975 interview, New England franchise vice president M. Regardless, he "served as a spokesman for the restaurant chain in its early years, underscoring the British character of its food." He would sometimes visit the restaurants in a red double-decker bus. Treacher refused in interviews to confirm whether he had a financial involvement in the restaurants. At the time the chain was founded, Treacher was best known as the announcer and sidekick on the popular The Merv Griffin Show. The chain's namesake is Arthur Treacher (1894–1975), an English character actor typecast as "the perfect butler" for his performances as Jeeves, as a butler in several Shirley Temple films, and the role of Constable Jones in Walt Disney Productions' Mary Poppins. A since-closed Arthur Treacher's co-branded with a Nathan's Famous in Downtown Pittsburgh.
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