Brooke Franchise Corporation Announces February Franchise Additions
29 Marzo 2005 - 6:16PM
PR Newswire (US)
Brooke Franchise Corporation Announces February Franchise Additions
OVERLAND PARK, Kan., March 29 /PRNewswire-FirstCall/ -- Shawn
Lowry, President of Brooke Franchise Corporation, a subsidiary of
Brooke Corporation (AMEX:BXX) announced selected February 2005
results. Lowry announced that Brooke Franchise Corporation assisted
franchisees and others in the acquisition of businesses in the
states of California, Texas, Florida, Colorado, Missouri and Maine.
Lowry stated, "As a result of converting business acquisitions into
franchises and the start up of new franchises, Brooke Franchise
Corporation added 10 new franchise locations in February and
received approximately $2,500,000 in initial franchise and
conversion fees from the addition of these new franchisees." To
help observers put the February 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 $1,870,000 in initial franchise 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 approximately
385 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 of
Brooke Corporation, +1-913-661-0123, Web site:
http://www.brookecorp.com/
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