KR Choksey 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 KR Choksey Sub Broker?
| About the Brand |
| Industry |
Finance & Money |
| Business Line |
Sub Broker |
| Organization Type |
Private |
| Head Office |
Mumbai |
| Founder |
Mr. Deven Choksey |
| Founded In (year) |
1979 |
| 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 |
1979 |
How many types of KR Choksey Franchise Models available?
| Business Models |
| Sub Broker |
|
| Partner |
|
What is the KR Choksey Franchise Cost?
| Investment by Franchisee |
| Sub Broker – Franchise Fee |
Rs.10,000 – Rs.20,000 |
| Partner – Franchise Fee |
Free |
| Infrastructure Investment |
Zero – Rs.30,000 |
How much is KR Choksey Sub Broker Commission?
| Commission% / Revenue Sharing |
| Sub Broker Commission |
60% to 75% |
| Stock Broker Commission |
25% to 40% |
| Partner Commission |
30% to 60% |
| Stock Broker Commission |
40% to 70% |
How much you can earn from KR Choksey Sub Brokership?
| Monthly Revenue |
| Total Clients |
623 |
| Active Clients |
164 |
| Avg. Commission per Active Client |
740 |
| Total Brokerage |
1,21,360 |
| Sub Broker’s Share (75%) |
91,020 |
| New Client Acquisition |
25 |
| Client Acquisition Income |
0 |
| Sub Broker’s Income |
91,020 |
| Total Expenses |
45,000 |
| Sub Broker’s Net Profit |
46,020 |
| Net Profit Margin |
38% |
How much you can earn from KR Choksey Partner Program?
| Monthly Revenue |
| Total Clients |
623 |
| Active Clients |
164 |
| Avg. Commission per Client |
740 |
| Total Brokerage |
1,21,360 |
| Partner’s Share (60%) |
72,816 |
| New Client Acquisition |
25 |
| Client Acquisition Income |
0 |
| Partner’s Income |
72,816 |
| Total Expenses |
16,000 |
| Partner’s Net Profit |
56,816 |
| Net Profit Margin |
47% |
How much time does it take for KR Choksey Franchise to breakeven?
| ROI Timeframe / Breakeven Time |
| In Years |
3 – 6 Month |
Where is KR Choksey Franchise Dashboard Login Link?
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What is the KR Choksey 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 KR Choksey 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 KR Choksey 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 KR Choksey Sub Broker provide training?
| Training by Brand |
| Product Information Training |
Provided |
| Dealers Training |
Provided |
| Service Training |
Provided |
What are the Products & Services provided to KR Choksey 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 KR Choksey Partners?
| Brokerage Charges |
| Intraday |
0.01% |
| Delivery |
0.10% |
| Equity Options |
Rs.20 Per lot |
| Equity Futures |
0.01% |
| Commodity |
NA |
| Currency options |
NA |
| Currency Futures |
NA |
What is the Eligibility Criteria to start KR Choksey Franchise?
| Franchisee Qualification |
| Age Limit |
21 years & above |
| Business Experience |
Optional |
| Academic Qualification |
No Restriction |
Which documents are required to become KR Choksey 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 KR Choksey Franchise good for you?
| Franchise Ratings |
| Revenue Sharing |
6.70 / 10 |
| Franchise Fee & Infra Investment |
5.90 / 10 |
| Support & Training |
7.48 / 10 |
| ROI Timeframe |
7.08 / 10 |
| Brand Value |
7.28 / 10 |
| Overall Ratings |
6.90 / 10 |
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