Brooke Franchise Corporation Announces April Franchise Additions
May 17 2005 - 5:35PM
PR Newswire (US)
Brooke Franchise Corporation Announces April Franchise Additions
OVERLAND PARK, Kan., May 17 /PRNewswire-FirstCall/ -- Shawn Lowry,
President of Brooke Franchise Corporation, a subsidiary of Brooke
Corporation (AMEX:BXX), announced selected April 2005 results.
Lowry announced that Brooke Franchise Corporation assisted
franchisees and others in the acquisition of businesses in the
states of Alabama, Arizona, California, Colorado, Illinois,
Michigan, Missouri, Nevada, Oregon, Tennessee, Texas, and Virginia.
Lowry stated, "Primarily as a result of converting business
acquisitions into franchises and the start up of new franchises,
Brooke Franchise Corporation added 11 new franchise locations in
April and received approximately $2,954,000 in initial franchise
and consulting fees." To help observers put the April 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 and
consulting 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 more than 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,
Brooke Corporation, or +1-913-661-0123 Web site:
http://www.brookecorp.com/
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