Brooke Franchise Corporation Announces August Franchise Additions
September 13 2005 - 12:47PM
PR Newswire (US)
OVERLAND PARK, Kan., Sept. 13 /PRNewswire-FirstCall/ -- Shawn
Lowry, President of Brooke Franchise Corporation, a subsidiary of
Brooke Corporation (NASDAQ:BXXX), announced selected August 2005
results. Lowry announced that Brooke Franchise Corporation assisted
franchisees and others in the acquisition of businesses in the
states of Arizona, California, Colorado, Florida, Georgia,
Illinois, Kansas, Louisiana, Missouri, New Mexico, Oklahoma,
Pennsylvania 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 23 new
franchise locations in August and received approximately $4,100,000
in initial franchise, consulting and seller fees." To help
observers put the August 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 monthly average of
approximately $2,500,000 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 475 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, or Web site: http://www.brookecorp.com/
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