Buying Franchise Opportunity


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Find out about franchises, how to buy one

Sparks residents considering buying a franchise are invited to attend a seminar from 7:30 to 9 a.m. Thursday at the Washoe County Complex, 1001 E. 9th St. in Reno.

Participants will have the opportunity to learn about small business and franchise facts, strategies for finding the right business, the legalities of franchising and how to properly investigate franchises.

To register, visit www.sparkschamber.org

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Brooke unit buys 60 insurance agency locations from Chicago firm

Brooke Franchise Corp. today said it its buying 60 insurance agency locations associated with J and P Holdings Inc. of Chicago.

Brooke Franchise, a subsidiary of Overland Park-based Brooke Corp., said the acquisition is expected to close Friday. No financial terms were disclosed.

In a news release, Brooke Franchise said the agencies sell auto insurance under the trade names of Lone Star Auto, Insurance Xpress, Car Insurance Store, Hallberg Insurance Agency and Hallberg Xpress in Kansas, Missouri, Colorado, Illinois and Texas.

The acquired agencies will be converted into Brooke franchises or merged into existing Brooke franchise locations. The company said the deal boosts its franchise locations to about 900.

"This acquisition is a good geographical fit with our existing franchise locations that specialize in auto insurance sales and provides opportunity for current Brooke franchisees to grow through acquisition," said Kyle Garst, Brooke Franchise's chairman and chief executive officer.


AT&T investing in Ohio upgrades

AT&T on Monday announced plans to invest in Ohio about $500 million in fiber network upgrades, expanded broadband and internet-based technologies, including video.

The investment over the next several years to provide these products to consumers is due to the passage and Monday's enactment of Ohio Senate Bill 117, which reformed the state's video franchising system and grants video competition here.

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