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Payroll Vault Franchise

Payroll Vault Franchise

Payroll Vault is a customer focused, full-service payroll company designed for small business. We help business owners be more successful by supporting them with payroll and workforce management services. All of our services are customized and provided on a local level in your community.

Business Services, Home Based Franchises
Min. Liquid Capital

$25,000

Min. Franchise Fee

$68,500

Total Number of Units

56

About Payroll Vault

Payroll Vault is a boutique-style, B2B, cloud-based payroll and HR services franchise designed for high recurring revenue with low overhead and no required brick-and-mortar office. Targeting small-to-mid-sized businesses, it offers a scalable, remote-friendly model

Franchising Since

2012 (14 years)

Company Units

3

Average Unit Revenue

$247,177

Franchise Fees

Min. Franchise Fee

$68,500
$50,400 - $68,400 Veteran's Fee

Royalty Fee

6.0%
Gross Revenues

Ad Fund Fee

$300
Fixed Fee

Why Payroll Vault?

The Payroll Vault - payroll services business is best described as a professional type of business. The owner and/or their employees will be using an advanced technology software system to process payroll and provide related workforce management tools to business owners. In addition to the day-to-day operations of the business that is typically done during standard business hours, Monday through Friday, 8-5. That said, this is also a remote business model that provides added flexibility to both the work location and the work hours. In addition to the operations the owner will be scheduling daily marketing activities and/or sales meeting to grow the business, thus being involved in the community and working with other business owners to develop referral opportunities is also part of the day to day to grow the business.

Ideal Candidate

Hard working, business/marketing/sales background is a plus, accounting and payroll experience helpful but not required, USA Citizenship, minimum credit score of 685, no bankruptcy under 8 years or legal issues prohibiting operation of a financial services business, understanding of franchising model and willingness to follow a systemized process. Someone who likes operations and/or business development that has attention to detail, and has a passion for their local business community and wants to support small businesses, which 90% of all businesses are small businesses.

Initial Investment

$77,000 - $112,000

Min. Liquid Capital

$25,000

Net Worth Required

$150,000

Benefits

Payroll Vault provides comprehensive training and support for new franchisees, including a 3-day initial intensive, ongoing virtual operations training, and specialized sales/marketing assistance.


Support includes monthly calls, two annual conferences, and direct access to peers. No industry experience is required to begin.


Key Training & Support Components

  • Initial Training (3 Days): Covers ownership, management, operations, and sales/marketing.
  • Operations & Software: Ongoing virtual training for payroll processing and software.
  • Launch Assistance: Support during the initial 60–90 days for client onboarding.
  • Ongoing Support: Monthly "Owner Calls," sales and marketing support calls, and accountability groups.
  • Annual Events: Access to the Owners Exchange Conference and the Annual National Conference.
  • Resources: Access to marketing materials, social media, and industry best practices.
  • No Experience Required: Designed for career changers, with focus on training and compliance.
  • Direct Access: Access to a network of peers and corporate team experts.
  • Dedicated Support: Personalized service to assist with complex tax and compliance rules.

  • Training and Support
  • Financing Available
  • Multi Units