article_snippet.sent: Raymond Allen - who is only a handful of people in the world to know only a handful of people in the world secret recipe - opened the first franchise in Preston, Lancashire, in 1965.
article_snippet.sent: was a small-time Southern State restaurant owner, and I knew a lot about patents or registered trademarks. '
article_snippet.sent: We were in the fast food business and thought it would be the ideal product to sell in a takeaway. '
article_snippet.sent: so I walked the streets of London to go to a bank. '
article_snippet.sent: We needed £100,000 trying to raise the money - but all the banks said there was no future in the business.'
article_snippet.sent: His company KFC UK Ltd, was eventually able to obtain a loan from Heublein Inc, a USA company which at the time owned Smirnoff Vodka.
article_snippet.sent: His said: 'They saw how well They were doing and lent They the money on condition that They sold the business once They had opened 100 units.
highlights_snippet.sent: Established UK franchise of restaurant in Preston, Lancashire, in 1965 .
  