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Payroll Vault Franchise

Payroll Vault Franchise

Payroll Vault is the opportunity for entrepreneurs to achieve their business ownership goals in a recession resilient B2B industry.

Business Services
Min. Liquid Capital

$100,000

Min. Franchise Fee

$40,000

Total Number of Units

56

About Payroll Vault

Payroll Vault is a boutique-style full-service payroll company designed for small business. Founded by a career CPA that identified the benefits of separating payroll from traditional accounting to achieve more efficient results, Payroll Vault focuses on the needs of local small and mid-sized businesses to help them achieve their business growth objectives faster.

Franchising Since

2012 (13 years)

Company Units

3

Average Unit Revenue

$247,177

Franchise Fees

Min. Franchise Fee

$40,000
$50,400 - $68,400 Veteran's Fee

Royalty Fee

6.0%
Gross Revenues

Ad Fund Fee

$300
Fixed Fee

Why Payroll Vault?

Payroll Vault is an opportunity fueled by a multi-billion dollar industry that is growing daily. Compliance standards have consistently and frequently shifted, and Labor Law is evolving as technology advances and legislation is leading the way to increased complexity.

  • Fully Operational with Remote Online Systems
  • Scalable B2B Payroll Services
  • Owner/Operator, Semi-Absentee, Absentee Ownership Options
  • Recuring revenue (non-seasonal)
  • Low Capital Investment (<$100K)
  • 60-90 Day Start Up
  • No Accounts Receivable
  • No Brick-and-Mortar Build Out
  • Recession Resilient

Ideal Candidate

The Payroll Vault opportunity fits well with a variety of skill sets and is centered around activities that include operations, sales, and management.

  • Entrepreneurial minded
  • Determined

Initial Investment

$38,875 - $64,269

Min. Liquid Capital

$100,000

Net Worth Required

$250,000

Benefits

Ownership begins with a three-day Initial Owner Training program at the Corporate Headquarters that teaches Firm Ownership, Management, Operations, Sales, and Marketing. Operations and learning the payroll software and processing will be ongoing virtual training and support with our Operations Support Team. We also provide access to the American Payroll Association online training.

Monthly support includes:

  • Owners Conference Call
  • Sales & Marketing Conference Call
  • Sales Accountability Support Group Calls

Two annual conferences are hosted:

  • Owners Exchange Conference (Owners only)
  • Annual National Conference (Owners, support staff, vendor partners)

  • Training and Support
  • Mobile

Testimonials

Training and support are outstanding and changes are made as the field reports any issues or desires for more training, tools, and support. I find it amazing how effective Payroll Vault is at providing very good meaningful training that works. - Sean P., San Antonio, TX

I love being able to call on any other franchisees to brainstorm, discuss new ideas, or just ask general questions about their business. - Cadie G., Mobile, AL

I strongly agree with all of the core values and really enjoy the professional and caring network of Payroll Vault. I hold these values close for myself and I only want to connect with groups and people of similar values. - Debra S., Columbus, IN

The Payroll Vault franchisees are a wonderful collaborative group and really help each other. Communication is good and all franchisees are professional business people who really care about their businesses and other franchisees. - Karen M., Santa Barbara, CA