Brooke Franchise Co. — Brooke failed to live up to their promises!
Brooke Franchise sold me 2 insurance agencies which they represented had certain levels of income and certain insurance company contracts after purchasing from Brooke at an inflated price 5 of the major companies canceled their contracts thus running off 80% of the customers. Brooke's accounting practices are very inaccurate when concerning franchise's commissions and customers receipts. The management was spiteful and intimidating to me when ever I would not agree with them. Basically, all of the promises made when I joined, I feel, were broken. Please beware before buying a franchise from these people. Go check out the Yahoo message board for BXXX first.
These two issues led to me having to file bankruptcy after 5 years of being a franchisee. Upon Brooke's discovery of my quitting they promptly sued me for the $1.5 million note and then sued my new employer for torturous interference of a contract. Basically, Brooke failed to live up to their promises.