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KR Choksey Franchise or Sub Broker Review – Cost, Commission, ROI & more

KR Choksey Franchise is a well-known Sub broker franchise in India.

KR Choksey Franchise LogoCheck 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
60% to 75%
30% to 60%

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?

Dashboard Login
Partner / Sub Broker Backoffice or Dashboard Login

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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
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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