Brooke Franchise Corporation Announces July Franchise Additions
August 23 2005 - 11:22AM
PR Newswire (US)
OVERLAND PARK, Kan., Aug. 23 /PRNewswire-FirstCall/ -- Shawn Lowry,
President of Brooke Franchise Corporation, a subsidiary of Brooke
Corporation (NASDAQ:BXXX), announced selected July 2005 results.
Lowry announced that Brooke Franchise Corporation assisted
franchisees and others in the acquisition of businesses in the
states of Arizona, California, Kansas, Minnesota, Missouri and
Texas. Lowry stated, "Primarily as a result of converting business
acquisitions into franchises and the start up of new franchises,
Brooke Franchise Corporation added 15 new franchise locations in
July and received approximately $3,440,000 in initial franchise,
consulting and seller fees." To help observers put the July
expansion into perspective, Lowry noted that an average of 14 new
franchise locations was added each month in the prior 12 months
resulting in a disclosed monthly average of approximately
$2,400,000 in initial franchise, consulting and seller fees. About
our company ... Brooke Franchise Corporation is a subsidiary of
Brooke Corporation (NASDAQ:BXXX) that distributes insurance,
financial, and funeral services through a network of more than 450
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, the effectiveness of
internal controls, and risks and factors described from time to
time in reports and registration statements filed by Brooke
Corporation with the Securities and Exchange Commission. 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/
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