Goodwill 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 |
200 – 300 sq. ft. |
Commission% / Revenue Sharing |
50% – 70% |
Total Investment |
Rs.80,000 – Rs.100,000 |
ROI Timeframe |
3 Month |
What do you know about Goodwill Wealth Sub Broker?
About the Brand |
Industry |
Finance & Money |
Business Line |
Sub Broker |
Organization Type |
Private |
Head Office |
Chennai |
Founder |
Gandhimathi Baskaran |
Founded In (year) |
2008 |
No. of Franchise Outlets |
600+ |
Master Franchise Model |
Not Available |
Franchise Tenure |
Lifetime |
Franchise Location |
All over India |
Business Set-Up Time |
1 Month |
Franchise Commencement Year |
2012 |
How many types of Goodwill Wealth Franchise Models available?
Business Models |
Partner Program |
40% – 50% |
Referral Program |
Rs.300 per Client |
What is the Goodwill Wealth Franchise Cost?
Investment by Franchisee |
Partner Model Fees |
|
Infrastructure Investment |
Rs.20,000 – Rs.30,000 (Not Compulsory)
|
How much is Goodwill Wealth Sub Broker Commission?
Commission% / Revenue Sharing |
Partner Commission |
|
Stock Broker Commission |
|
Referral Commission |
|
Stock Broker Commission |
|
How much you can earn from Goodwill Wealth Sub Brokership?
Monthly Revenue |
Total Clients |
629 |
Active Clients |
170 |
Avg. Commission per Active Client |
795 |
Total Brokerage |
1,35,150 |
Sub Broker’s Share (75%) |
1,01,363 |
New Client Acquisition |
25 |
Client Acquisition Income |
3,750 |
Sub Broker’s Income |
1,05,113 |
Total Expenses |
47,000 |
Sub Broker’s Net Profit |
58,113 |
Net Profit Margin |
42% |
How much you can earn from Goodwill Wealth Partner Program?
Monthly Revenue |
No. of Active Clients |
160 |
Daily Trades per Clients |
3 |
Brokerage per Trade |
20 |
Trading Days in 1 Month |
15 |
Total Brokerage Revenue |
1,44,000 |
Partner’s Share (50%) |
72,000 |
Monthly Expenses |
1 Telecaller Cost |
12,000 |
Misc. Expenses |
5,000 |
Total Cost |
17,000 |
Monthly Profit |
(Revenue – Expenses) |
55,000 |
Profit Margin |
38% |
How much time does it take for Goodwill Wealth Franchise to breakeven?
ROI Timeframe / Breakeven Time |
In Years |
3 Month |
Where is Goodwill Wealth Franchise Dashboard Login Link?
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What is the Goodwill Wealth Franchise Infrastructure requirement?
Infrastructure Required |
Shop / Unit Area |
200 – 300 sq. ft. |
Employee Strength |
Minimum 2 |
Research / Advisory |
Optional |
Trading Terminals Set-up |
Compulsory |
Telephone Lines |
Compulsory |
Computer / Internet Connectivity |
Compulsory |
Airconditioner |
Optional |
CCTV Set-up |
Optional |
What is the extent of Support provided by Goodwill Wealth Partner?
Support from Brand |
Service Pricing |
Available |
Offers |
Available |
Client Interaction Training |
Partially Available |
Relationship Manager Support |
Not Available |
Back-Office Support |
Available |
Trading Support |
Available |
Advisory Support |
Available |
Marketing Support |
Partially Available |
Business Management Software |
Available |
Website Support |
Not Available |
Operation Manual |
Available |
Training Manual |
Available |
What kind of Marketing Support is provided by Goodwill Wealth Franchise?
Marketing Support by Brand |
Unit Interior & Exterior Ads |
Available |
Local Advertisement |
Available |
Digital Marketing |
Available |
Television Advertisement |
Not Available |
Prints Advertisement |
Not Available |
Events/Seminars |
Not Available |
Does Goodwill 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 Goodwill Wealth Sub Brokers?
Products / Service Offerings |
Equity Trading |
Available |
Commodity Trading |
Available |
Currency Trading |
Available |
Options |
Available |
Futures |
Available |
Mutual Funds |
Available |
Banking |
NA |
Insurance |
NA |
Demat Services |
Available |
3 in 1 Acount |
NA |
IPO Services |
Available |
Stock Recommendations |
Available |
Robo Advisory |
NA |
PMS |
Available |
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 Goodwill Wealth Partners?
Brokerage Charges |
Intraday |
0.01% – 0.02% |
Delivery |
0.1% – 0.2% |
Equity Options |
Rs.10 – Rs.20 per lot |
Equity Futures |
0.01% – 0.02% |
Commodity |
0.01% – 0.02% |
Currency options |
Rs.7 – Rs.10 per lot |
Currency Futures |
0.01% – 0.02% |
What is the Eligibility Criteria to start Goodwill Wealth Franchise?
Franchisee Qualification |
Age Limit |
21 years & above |
Business Experience |
Optional |
Academic Qualification |
No Restriction |
Which documents are required to become Goodwill 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 Goodwill Wealth Franchise good for you?
Franchise Ratings |
Revenue Sharing |
8.00 / 10 |
Franchise Fee & Infra Investment |
7.88 / 10 |
Support & Training |
7.64 / 10 |
ROI Timeframe |
7.76 / 10 |
Brand Value |
7.72 / 10 |
Overall Ratings |
7.80 / 10 |
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