Brooke (AMEX:BXX)
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Brooke Franchise Corporation Announces March Franchise Additions
OVERLAND PARK, Kan., April 14 /PRNewswire-FirstCall/ -- Shawn Lowry, President
of Brooke Franchise Corporation, a subsidiary of Brooke Corporation (AMEX:BXX)
announced selected March 2005 results.
Lowry announced that Brooke Franchise Corporation assisted franchisees and
others in the acquisition of businesses in the states of California, Texas,
Oregon, Washington, Louisiana, Kansas, North Carolina, Arizona and Ohio. Lowry
stated, "As a result of converting business acquisitions into franchises and
the start up of new franchises, Brooke Franchise Corporation added 19 new
franchise locations in March and received approximately $2,500,000 in initial
franchise and conversion fees from the addition of these new franchisees." To
help observers put the March 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 $1,900,000 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 400 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, or
+1-913-661-0123
Web site: http://www.brookecorp.com/