"(SINGING) It's H. Salt Fish and Chips.

Fish, fresh.

Lightly battered, deep fried.

Potatoes, peeled.

Chip, deep fried.

Salt and vinegar.

Makes my mouth water.

Batter, perfect.

Peanut oil's 350 degrees.

Texture, crispy.

Bite into it and, oh, so good.

Anything that's not good for you is good.

Two pieces of fish and chips.

And don't forget the malt vinegar.

Making me hungry.

Oh, fish and chips.

The two notes that sound beautiful together.

Harmony.

So when you do it like that, things can be exciting.

Who knows?

May have an orgasm, if you do it right."

"This kindly, mild-mannered Englishman is Haddon Salt."

"I always felt that I was an American.

In England, there was the bloody weather,

bloody government.

This is wrong.

You're always so negative.

The thing I love about America is

that this is the home of the power of positive thinking.

The American dream is opportunity

for self-employment.

Otherwise, you're fulfilling somebody else's dream.

Of course, I was in England during World War II.

So I remember that quite vividly.

Towards the end of the war, my father got into business.

And that was when I learned about how

to cook fish and chips."

"He took to frying like a duck to water.

This is my family's original fish and chip shop.

That's my father, a master fryer."

"He worked in the coal mines, the most lowly background

that you can have in England."

"I discovered early that my father's business flourished

because he worked hard and paid great attention to —"

"Quality."

"That's all we thought about was work.

That's all we did.

We had this big navy base near us.

And we had a line-up of people from the day we opened."

"Today is Victory in Europe Day."

"This was the moment we'd all be waiting for."

"I remembered the day that the war

ended, May the 8th, lives just changed.

Your dreams started really opening up.

They were closing the base down.

And they said, we're gonna miss you,

because this is the only English food that we like.

English food did — had a bad reputation."

"Hey, you know what you ought to do?"

"No.

What do you think I ought to do?

And he said —"

"You ought to sell these fish and chips in the States,

that's what you ought to do."

"Name, please."

"Salt.

Salt, what kind of name is that?"

"Aren't you glad they let him in?"

"We found a piece of property in Sausalito.

That was our first shop, H. Salt Esquire.

When you use your name, you're putting your name behind it.

In other words, your reputation.

We were selling the romance of England in our shop.

Wooden paneling and pictures of the tube stations

in London.

People loved it.

I had no idea about franchising in those days.

But I knew that I was gonna do something like that."

"He's accepted a duel with the American hamburger.

He is luring Americans away from hamburgers

to authentic English fish and chips,

through his family's secret recipe."

"When we had the professional advertising,

the line must have been a quarter of a mile long.

It was amazing, opening day.

From then on, we just flew.

We went down to Los Angeles.

It just spread so quickly.

It's contagious.

And so we're opening stores everywhere.

Eventually, wound up with 500.

My name was known everywhere in the country.

They'd say, what's your name?

Haddon Salt. Are you really H. Salt?

We were growing so quickly that I realized

how many components it would take to make this thing work.

But only if you do it right.

And that's the hard part, getting people

to do it right."

"This was the first service station that I had.

But I don't care if I had truck drivers sitting down

there and here come a doctor, I didn't know who he was.

I thought everybody could eat at the same table.

I didn't know anything, only to be friendly.

So that was my first restaurant."

"I admired K.F.C. as the leading food company.

They were ahead of McDonald's in those days.

When they went public, every franchisee

became multimillionaires.

Within a year, the company was worth $500 million

from $2 million.

Now, they've got all this money.

So H. Salt comes along.

I think, ah ha.

Now, I'd been coached before I went in this meeting,

because I'm not used to this kind of stuff.

So they said, well, what do you think

you want for your company?

I said, well, why don't we self for 25 times earnings.

All their faces went pale.

So one of the guys just jumped up.

He says, give me $5 million dollars.

He said, I'll blow this guy off the face of the earth.

And I said, and I want to help you buy my company,

if you want to buy it.

I said, but you can't come in here

and scare me into selling my company,

because it ain't gonna work.

End of conversation.

They all left, came back two hours later, made the deal.

25 times earnings.

$12.5 million in K.F.C. stock.

Then, it proceeded to go up.

That was the first time that I knew how many zeros there

was in a million dollars.

They saw me as the next Colonel Sanders.

All my life, everything I touched turned to gold.

Then, suddenly, it went the other way.

They weren't selling chicken.

They were selling Colonel Sanders.

They weren't selling fish.

They were selling me.

They didn't really grasp what the idea was.

I was trying to put middle-class people into business,

give them the joy of self-employment.

They missed that.

They worked on me big time, but they

didn't work on the company.

They started to lower the standards,

the quality of the fish.

And so the volumes of the restaurants went down.

And people stopped buying franchises.

So that was the end of it.

Didn't grow anymore.

Well, there's still quite a few in Los Angeles,

but they're self-managed.

They're not an authentic English fish and chip shop

anymore.

K.F.C. just let them go.

You're risking your reputation when you put your name

behind something.

You can't walk away from your name.

So —

I don't know.

I don't feel responsible.

I don't feel —

I don't feel guilty or responsible.

I did sell out.

You might say, do you wish you hadn't?

I don't know.

But you know, life moves forward.

You have to keep moving forward."

[SINGING]

"(SINGING) It's H. Salt Fish and Chips."