Chola Wealth Franchise is a well-known Sub broker franchise in India.
Check out its Franchise Investment, Commission, Support, Infrastructure Requirement, Breakeven Time & more here.
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Brand Summary |
Line of Business |
Sub Broker |
Unit / Shop Area |
100 – 200 Sq. Ft. |
Commission% / Revenue Sharing |
60% to 75% |
Total Investment |
Zero – Rs.50,000 |
ROI Timeframe |
3 – 6 Month |
What do you know about Chola Wealth Sub Broker?
About the Brand |
Industry |
Finance & Money |
Business Line |
Sub Broker |
Organization Type |
Private |
Head Office |
Chennai |
Founder |
Rajendra Gandhi |
Founded In (year) |
1978 |
No. of Franchise Outlets |
200+ |
Master Franchise Model |
Not Available |
Franchise Tenure |
Lifetime |
Franchise Location |
All over India |
Business Set-Up Time |
15 days |
Franchise Commencement Year |
1978 |
How many types of Chola Wealth Franchise Models available?
Business Models |
Sub Broker |
65% – 75% |
Partner |
40% + Rs.300 per new Client |
Refer and Earn |
Rs.400 per new Client |
What is the Chola Wealth Franchise Cost?
Investment by Franchisee |
Sub Broker – Franchise Fee |
|
Partner – Franchise Fee |
|
Infrastructure Investment |
|
How much is Chola Wealth Sub Broker Commission?
Commission% / Revenue Sharing |
Sub Broker Commission |
60% to 75% |
Chola Wealth Commission |
|
Partner Commission |
Flat 40% + Rs.300 per new Client
|
Chola Wealth Commission |
|
Referral Commission |
|
Chola Wealth Commission |
|
How much you can earn from Chola Wealth Sub Brokership?
Monthly Revenue |
No. of Active Clients |
230 |
Daily Trades per Clients |
1 |
Avg. Volume per Trade |
2,50,000 |
Brokerage per Trade |
0.25% |
Trading Days in 1 Month |
1 |
Total Brokerage Revenue |
1,43,750 |
Sub Broker’s Share (75%) |
1,07,813 |
Monthly Expenses |
Office Rent (Co-working Space) |
12,000 |
1 Telecaller Cost |
13,000 |
1 Dealer Cost |
15,000 |
Misc. Expenses |
3,000 |
Total Cost |
43,000 |
Monthly Profit |
(Revenue – Expenses) |
64,813 |
Profit Margin |
45% |
How much you can earn from Chola Wealth Partner Program?
Monthly Revenue |
No. of Active Clients |
230 |
Daily Trades per Clients |
1 |
Avg. Volume per Trade |
2,50,000 |
Brokerage per Trade |
0.25% |
Trading Days in 1 Month |
1 |
Total Brokerage Revenue |
1,43,750 |
Sub Broker’s Share |
57,500 |
Monthly Expenses |
1 Telecaller Cost |
13,000 |
Misc. Expenses |
3,000 |
Total Cost |
16,000 |
Monthly Profit |
(Revenue – Expenses) |
41,500 |
Profit Margin |
29% |
How much time does it take for Chola Wealth Franchise to breakeven?
ROI Timeframe / Breakeven Time |
In Years |
3 – 6 Month |
Where is Chola Wealth Franchise Dashboard Login Link?
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What is the Chola Wealth Franchise Infrastructure requirement?
Infrastructure Required |
Shop / Unit Area |
100 – 200 Sq. Ft. |
Employee Strength |
1 to 2 |
Research / Advisory |
Optional |
Trading Terminals Set-up |
Optional |
Telephone Lines |
Compulsory |
Computer / Internet Connectivity |
Compulsory |
Airconditioner |
Optional |
CCTV Set-up |
Compulsory |
What is the extent of Support provided by Chola Wealth Partner?
Support from Brand |
Service Pricing |
Available |
Offers |
Available |
Client Interaction Training |
Available |
Relationship Manager Support |
Occasionally Available |
Back-Office Support |
Available |
Trading Support |
Available |
Advisory Support |
Occasionally Available |
Marketing Support |
Partially Available |
Business Management Software |
Not Available |
Website Support |
Not Available |
Operation Manual |
Available |
Training Manual |
Available |
What kind of Marketing Support is provided by Chola Wealth Franchise?
Marketing Support by Brand |
Unit Interior & Exterior Ads |
Available |
Local Advertisement |
Available |
Digital Marketing |
Not Available |
Television Advertisement |
Not Available |
Prints Advertisement |
Not Available |
Events/Seminars |
Not Available |
Does Chola Wealth Sub Broker provide training?
Training by Brand |
Product Information Training |
Provided |
Dealers Training |
Provided |
Service Training |
Provided |
What are the Products & Services provided to Chola Wealth Sub Brokers?
Products / Service Offerings |
Equity Trading |
Available |
Commodity Trading |
NA |
Currency Trading |
NA |
Options |
Available |
Futures |
Available |
Mutual Funds |
NA |
Banking |
NA |
Insurance |
NA |
Demat Services |
Available |
3 in 1 Acount |
NA |
IPO Services |
Available |
Stock Recommendations |
Available |
Robo Advisory |
NA |
PMS |
NA |
Exposure or Limit |
Available |
Mobile App |
Available |
Web Trading Platform |
Available |
Trading Terminal |
Available |
Algo Trading Platform |
NA |
Basket Trading |
NA |
What is the Brokerage offered to Chola Wealth Partners?
Brokerage Charges |
Intraday |
0.02% |
Delivery |
0.20% |
Equity Options |
Rs.20 Per lot |
Equity Futures |
0.02% |
Commodity |
NA |
Currency options |
NA |
Currency Futures |
NA |
What is the Eligibility Criteria to start Chola Wealth Franchise?
Franchisee Qualification |
Age Limit |
21 years & above |
Business Experience |
Optional |
Academic Qualification |
No Restriction |
Which documents are required to become Chola Wealth Sub Broker?
Documents Required |
Franchise Agreement |
Required |
Proprietor Aadhaar Copy |
Required |
Proprietor Photo |
Required |
Proprietor / Business PAN Copy |
Required |
Business TAN Copy |
Required |
GST Registration Certificate |
Required |
Proprietor / Business Address Proof |
Required |
Unit / Shop Address Proof |
Required |
NOC of Unit / Shop |
Required |
Is Chola Wealth Franchise good for you?
Franchise Ratings |
Revenue Sharing |
7.38 / 10 |
Franchise Fee & Infra Investment |
6.52 / 10 |
Support & Training |
8.24 / 10 |
ROI Timeframe |
7.80 / 10 |
Brand Value |
8.02 / 10 |
Overall Ratings |
7.60 / 10 |
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