Brooke Franchise Corporation Announces November Franchise Additions
December 14 2005 - 9:53AM
PR Newswire (US)
OVERLAND PARK, Kan., Dec. 14 /PRNewswire-FirstCall/ -- Shawn Lowry,
President of Brooke Franchise Corporation, a subsidiary of Brooke
Corporation (NASDAQ:BXXX), announced selected November 2005
results. Lowry announced that Brooke Franchise Corporation assisted
franchisees and others in the acquisition of businesses in the
states of Arizona, California, Colorado, Connecticut, Florida,
Georgia, Michigan, North Carolina, Pennsylvania, Texas, Virginia
and Washington. 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 November and received approximately $3,900,000 in
initial franchise fees, consulting fees, seller fees and gains on
sale of businesses." To help observers put the November expansion
into perspective, Lowry noted that an average of 17 new franchise
locations was added each month in the prior 12 months resulting in
a monthly average of approximately $3,000,000 in initial franchise,
consulting and seller fees. About our company ... Brooke Franchise
Corporation distributes insurance, financial, and funeral services
through a network of more than 530 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 contains forward-looking statements.
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. A more
complete description of Brooke's business is provided in Brooke
Corporation's most recent annual, quarterly and current reports,
which are available from Brooke Corporation without charge or at
http://www.sec.gov/ . DATASOURCE: Brooke Corporation CONTACT: Anita
Larson of Brooke Corporation, +1-913-661-0123, Web site:
http://www.brookecorp.com/
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