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We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.

Payroll Vault Franchising

Payroll Vault Franchising

Payroll Vault Franchising, LLC offers franchisees the opportunity to operate a business providing accurate and reliable software-based payroll and employee management services, including payroll check writing, payroll tax payments and reporting, independent contractor check writing and reporting, and related human capital management and workforce management services. Franchisees use proprietary business methods, trademarks, and payroll software to serve clients from a specific location within a defined territory containing approximately 150,000 individuals. The target market includes businesses of all sizes.

61locations
$77K–$112K
Since 2012
ServicesLittleton, COProsperity Holdings, LLCwww.PayrollVault.comDisclaimer

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Franchise Costs

Franchise Fee
$68,500
Initial Investment
$77,375 – $111,885
Royalty Rate
6.00%
Brand Fund
N/A
Fixed Monthly Fees
$1,033 – $1,505

6% royalty (greater of 6% Gross Revenue or $400/mo min) + $300/mo national advertising fee + $1,033-$1,505/mo in fixed technology, software, and other monthly fees.

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$274,869.99
EBITDA Margin
30%
Top Quartile Revenue
$432,376.71
Bottom Quartile Revenue
$131,682.06
Average Net Profit
$76,069.84
Average Gross Profit
$108,036.63
Average EBITDA
$82,575.41

Data Based On: 42 franchised businesses (17 full-time, 25 part-time) reporting for every month of 2024.

* Weighted average gross revenue calculated from 17 Full Time Owner Operators (average revenue $321,646.16) and 25 Part Time Owner Operators (average revenue $243,062.20). Weighted average gross profit, net profit (Net Operating Income), and EBITDA were calculated similarly using the respective averages for full-time and part-time operators. Revenue top quartile is a weighted average of the top segments (Top 8 of 17 Full-Time, Top 12 of 25 Part-Time). Revenue bottom quartile is a weighted average of the bottom segments (Bottom 9 of 17 Full-Time, Bottom 13 of 25 Part-Time). EBITDA margin calculated as average_ebitda / average_gross_revenue. Best guess profit range uses the average_net_profit as no explicit profit range or further expense details for estimation were provided.

Extracted Item 19 Section

Avg. Revenue: $274,870

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Payroll Vault Franchising Franchise Analysis

Payroll Vault enters the fray with a tech-heavy approach to payroll processing in business services, targeting territories of 150,000 people. Item 19 delivers actual revenue and profit benchmarks from operating units, painting a picture of steady cash flow potential. Meanwhile, a modest SBA lending footprint hints at accessible financing—but with a default rate that raises eyebrows, is this vault truly secure for your investment?

Item 7 in the 2025 FDD pegs total investment at $77,375-$111,885, led by a steep $68,500 franchise fee that's high for business services norms where fees often hover under $50K. Ongoing fees stack up aggressively: 6% royalty (minimum $400/month), $300/month national advertising, plus $1,033-$1,505/month in fixed technology and software costs—potentially eating 20-25% of revenue right off the top. Item 19 shines with average gross revenue of $274,870 across units, yet EBITDA margin sits at 0%, squeezing to an estimated profit of exactly $76,070; this suggests owner-operator labor covers the gap, making it viable for hands-on investors but thin for absentee models.

System momentum impresses with 48 locations in 2023 jumping 27% to 61 in 2024, only 1 termination signaling stability, and 10 projected new units showing franchisor confidence. SBA data bolsters the case: 13 loans averaging $125,031 with a low 7.7% default rate versus category averages over 10%, indicating fundable and relatively low-risk borrowers. For due diligence, the combo of solid growth, disclosed earnings, and financing track record outweighs fee pressures if you thrive in B2B sales—though that razor-thin EBITDA flags sensitivity to client churn or tech hikes.

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Analysis based on the 2025 Franchise Disclosure Document. All figures should be independently verified before making investment decisions.

How Payroll Vault Franchising Compares

Key Insights

  • Lower than average SBA loan default rate in Business Services
FranchiseInvestmentFeeRoyaltyLocations
Payroll Vault Franchising
Current
$77K – $112K$69K6.0%61
Bimbo Foods Bakeries Distribution, LLC$14K – $607KN/AN/A6,454
THE UPS STORE (TRADITIONAL)$216K – $609K$30K5.0%4,500
RE/MAX$37K – $337K$35K1.0%2,994
JACKSON HEWITT TAX SERVICE$71K – $105K$25K15.0%2,744
CRUISE PLANNERS$2K – $21K$11K3.0%2,655
Business Services Average
198 franchises
$121K – $289K$47K10.2%–

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 198 Business Services franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States
1CA
7
2TX
7
3CO
6
4IN
3
5MI
3
6NY
3
7FL
2
8VA
2
9AL
2
10MN
2
11GA
2
12OK
2
13KY
2
14AZ
2
15SD
2

+15 more states

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SBA Loan History

Historical SBA 7(a) loan data for Payroll Vault Franchising franchisees (2017 – 2024)

Total Loans
13
Average Loan
$125,031
Total Volume
$1.6M
Default Rate
7.7%

Loans by Year

SBA 7(a) loan activity over time

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

13 SBA loans on record

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Franchisee Contacts

84 franchisee contacts on file from official FDD filings.

84 Contacts Available

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Due Diligence

Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
1
Non-Renewals
0
Reacquired
0
Ceased Ops
6
Transfers
0
Sold to Franchisees
0
Projected New
10

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Frequently Asked Questions

The total initial investment to open a Payroll Vault Franchising franchise ranges from $77,375 to $111,885. This includes a franchise fee of $68,500. Ongoing royalty fees are 6.0% of gross sales.