Brooke Franchise Corporation Announces March Franchise Additions
April 14 2005 - 11:40AM
PR Newswire (US)
Brooke Franchise Corporation Announces March Franchise Additions
OVERLAND PARK, Kan., April 14 /PRNewswire-FirstCall/ -- Shawn
Lowry, President of Brooke Franchise Corporation, a subsidiary of
Brooke Corporation (AMEX:BXX) announced selected March 2005
results. Lowry announced that Brooke Franchise Corporation assisted
franchisees and others in the acquisition of businesses in the
states of California, Texas, Oregon, Washington, Louisiana, Kansas,
North Carolina, Arizona and Ohio. Lowry stated, "As a result of
converting business acquisitions into franchises and the start up
of new franchises, Brooke Franchise Corporation added 19 new
franchise locations in March and received approximately $2,500,000
in initial franchise and conversion fees from the addition of these
new franchisees." To help observers put the March expansion into
perspective, Lowry noted that an average of 13 new franchise
locations were added each month in the prior 12 months resulting in
an average of approximately $1,900,000 in initial franchise fees
each month. About our company ... Brooke Franchise Corporation is a
subsidiary of Brooke Corporation (AMEX:BXX) that distributes
insurance, financial, and funeral services through a network of
approximately 400 franchise locations. The Brooke organization was
founded on the belief that local business owners distribute
insurance and related services more efficiently than others if
supported by a franchise system. Email Distribution ... To receive
electronic press release alerts visit the "Investor Relations"
section of the Brooke Corporation website at
http://www.brookecorp.com/ and subscribe to our "Email Alerts"
on-line. This press release may contain forward-looking statements.
Investors are cautioned that all forward-looking statements involve
risks and uncertainties, and several factors could cause actual
results to differ materially from those in the forward-looking
statements. The following factors, among others, could cause actual
results to differ from those indicated in the forward-looking
statements: the uncertainty that the Company will achieve its
short-term and long-term profitability and growth goals,
uncertainties associated with market acceptance of and demand for
the Company's products and services, the impact of competitive
products and pricing, the dependence on third party suppliers and
their pricing, its ability to meet product demand, the availability
of funding sources, the exposure to market risks, uncertainties
associated with the development of technology, changes in the law
and in economic, political and regulatory environments, changes in
management, the dependence on intellectual property rights, and the
effectiveness of internal controls. Investors are directed to
Brooke Corporation's most recent annual and quarterly reports,
which are available from Brooke Corporation without charge or at
http://www.sec.gov/ , for a more complete description of Brooke's
business. DATASOURCE: Brooke Corporation CONTACT: Anita Larson of
Brooke Corporation, or +1-913-661-0123 Web site:
http://www.brookecorp.com/
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