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Franchise Prospector » Franchise Opportunities
Brooke Insurance and Financial Svcs.
Franchise Concept: Insurance and financial services
Actively seeking Franchisee's in:
South, Southeast, Midwest, Southwest, West
Franchise Opportunities
With our emphasis on providing local entrepreneurs a blueprint for success, it is not surprising that regulators would consider our Master Agent program a franchise and require the corresponding regulatory disclosures. Classification as a franchise allows us to be compared to different types of franchises in different kinds of industries. Entrepreneur Magazine ranks the top 500 franchises in the country each year and our ranking jumped to 103rd in 2002 from 278th in 2001. This is a significant distinction because we have been compared to large and formidable franchisors in businesses as diverse as hotels, retaurants, car rentals and auto service. During 2002 we renamed this subsidiary \"Brooke Franchise Corporation\" to better describe our business activities using a word (franchise) that is familiar to most investors. Additionally, we designated Brooke Franchise Corporation as a primary subsidiary with its own separate board, officers and employees. Brooke Franchise Corporation represents the nucleus of what we do. The regional office and service center network of Brooke Franchise Corporation is managed by regional vice presidents. This network provides the framework for delivery of the Master Agent services provided as part of the franchise product line and the consulting services provided as part of the facilitator product line. Agency business consulting is the most important of our consulting activities and our most capable deal makers are assigned to this acitvity. Total revenues from insurance commissions increased to $30,539,743 in 2002 from $20,895,232 and total revenues from consulting and similar related services increased to $6,147,630 in 2002 from $2,716,053. Our Master Agent services have been typically tailored to fit those agents specializing in the sale of property casualty insurance. During 2002 Brooke Franchise Corporation developed a separate set of Master Agent services to accommodate agents specializing in financial services.
Franchise Information
Financial & Terms
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| Minimum Net Worth |
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| Equity/Liquid Capital |
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| Min Total Investment |
$1,900 to $22,100
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| Initial Franchise Fee |
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| Ongoing Royalty |
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| Advertising Fee |
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Contact Information
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| Address |
Brooke Insurance and Financial Svcs.,
205 F Street,
Phillipsburg KS 67661-1918
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| Sales Contact |
Shawn Lowry
VP
800-642-1872
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