In 1916, Polish immigrant Nathan Handwerker opened the original Nathan’s Famous hot dog stand in Coney Island, New York with his wife's secret spice recipe. Fast forward to 1939, and President Roosevelt served Nathan's hot dogs to the King and Queen of England.
In 1955, Nathan's opened its second location in Oceanside, Long Island and in 1968 the company went public. That same year, Nathan Handwerker's son published The Nathan's Famous Hot Dog Cookbook.
In 1972, Nathan's held its first ever recorded hot dog eating contest on July 4.
Nathan's hot dogs made their supermarket debut in 1983. In 1987 the Handwerker family sold off the business to private investors, who then expanded franchise operations around New York.
In 2014, Nathan's launched its Mobile Tour and took the Original Coney Island Flavor on the road. The company currently does two tours each year.
Nathan's Hot Dog Eating Contest is happening again this July 4, with Joey Chestnut competing. Chestnut has won the contest 12 times. He holds the world record of 74 hot dogs and buns in 10 minutes.
Watch More Videos From TheStreet and Jim Cramer:
- Coronavirus Update: Google Delays Return to Office Until Labor Day
- Sport of Money: What Poker Taught Author Maria Konnikova About Life, Luck, Winning and Losing
- Ask Bob: How to Prepare for the Risk of Not Working in Retirement
- Which Fast Food Chains Offer Plant-Based Meatless Breakfasts?
- How Magic Johnson Became the Business Icon He Is Today
- Bill Gates Reveals His Five Favorite Books for Summer 2020