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.
Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.
Overview
Financial Requirements
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.
Franchise Stats
Financial Performance
Item 19 Financial Performance
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
How Payroll Vault Franchising Compares to Other Business Services Franchises
Key Insights
- Lower than average SBA loan default rate in Business Services
| Franchise | Investment Range | Franchise Fee | Royalty | Locations |
|---|---|---|---|---|
Payroll Vault Franchising Current | $77K - $112K | $69K | 6.0% | 61 |
| Bimbo Foods Bakeries Distribution, LLC | $14K - $607K | N/A | N/A | 6,454 |
| THE UPS STORE (TRADITIONAL) | $216K - $609K | $30K | 5.0% | 4,500 |
| JACKSON HEWITT TAX SERVICE | $71K - $105K | $25K | 15.0% | 2,744 |
| CRUISE PLANNERS | $2K - $21K | $11K | 3.0% | 2,655 |
| SERVPRO (UNIT) | $259K - $380K | $100K | 10.0% | 2,286 |
Business Services Average 187 franchises | $118K - $285K | $46K | 10.4% | - |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 187 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
+15 more states
SBA Loan History
Historical SBA 7(a) loan data for Payroll Vault Franchising franchisees (2017 - 2024)
Loans by Year
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
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Due Diligence
Litigation (Item 3)
No litigation involving franchisees reported in the FDD.
Bankruptcy (Item 4)
No bankruptcy history reported in the FDD.
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
How much does it cost to open a Payroll Vault Franchising franchise?
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.
How much revenue does a Payroll Vault Franchising franchise make?
According to the 2025 FDD, the average gross revenue for a Payroll Vault Franchising franchise is $274,869.99.
How much profit can you make with a Payroll Vault Franchising franchise?
Based on the financial performance data in the FDD, estimated profit for a Payroll Vault Franchising franchise ranges from $76,069.84 to $76,069.84 per year. Actual results vary based on location, management, and market conditions.
How many Payroll Vault Franchising franchise locations are there?
As of the 2025 FDD, Payroll Vault Franchising has 61 franchise locations. The company has been franchising since 2012.
Can you get an SBA loan for a Payroll Vault Franchising franchise?
Yes, SBA loans are available for Payroll Vault Franchising franchises. Historical data shows 13 SBA 7(a) loans have been approved for Payroll Vault Franchising franchisees, with an average loan amount of $125,031. The historical default rate is 7.7%.
Is Payroll Vault Franchising a good franchise to buy?
Payroll Vault Franchising shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.
Interested in Payroll Vault Franchising?
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