Brooke Franchise Corporation Announces May Franchise Additions
June 14 2005 - 10:15AM
PR Newswire (US)
Brooke Franchise Corporation Announces May Franchise Additions
OVERLAND PARK, Kan., June 14 /PRNewswire-FirstCall/ -- Shawn Lowry,
President of Brooke Franchise Corporation, a subsidiary of Brooke
Corporation (AMEX:BXX), announced selected May 2005 results. Lowry
announced that Brooke Franchise Corporation assisted franchisees
and others in the acquisition of businesses in the states of
Arizona, Georgia, Kansas, Missouri, Nevada, New Mexico, Ohio,
Pennsylvania, Texas, Utah 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
16 new franchise locations in May and received approximately
$3,095,000 in initial franchise and consulting fees." To help
observers put the May expansion into perspective, Lowry noted that
an average of 14 new franchise locations were added each month in
the prior 12 months resulting in an average of approximately
$2,100,000 in initial franchise and consulting fees in each of
these months. 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 420 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. Contact ... Anita Larson, Brooke
Corporation, or 913-661-0123. 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, quarterly and current
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, +1-913-661-0123, Web site:
http://www.brookecorp.com/
Copyright
Brooke (AMEX:BXX)
Historical Stock Chart
From Oct 2024 to Nov 2024
Brooke (AMEX:BXX)
Historical Stock Chart
From Nov 2023 to Nov 2024