Payroll Vault Franchising LLC

Payroll Vault Franchising LLC

Payroll and workforce management services
Find out what franchise is right for you
2021 Franchise 500 Rank
#460 Ranked #449 last year
See the Full List
Initial investment
$49K - $66K
Units as of 2021
64 64.1% over 3 years

Company Overview

About Payroll Vault Franchising LLC

Founded
2007
Leadership
Sean Manning, CEO

Franchising Overview

Franchising Since
2012 (9 years)
# of employees at HQ
11
Where seeking

This company is seeking new franchisees throughout the US.

# of Units
64 (as of 2021)

Franchisor Information

Corporate Address
5231 S. Quebec St., #260
Greenwood Village, CO 80111

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Payroll Vault Franchising LLC franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$40,000
Initial Investment
$49,313 - $65,769
Net Worth Requirement
$250,000
Cash Requirement
$100,000
Veteran Incentives
25% off franchise fee
Royalty Fee
6%
Term of Agreement
5 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Payroll Vault Franchising LLC has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Classroom Training
24 hours
Additional Training
Ongoing training as needed
Ongoing Support
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Ad Templates
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
Yes
Can this franchise be run part time?
No
# of employees required to run
1
Are exclusive territories available?
No

Franchise 500 Ranking History

Compare where Payroll Vault Franchising LLC landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Payroll Vault Franchising LLC ranked on other franchise lists? Find out below.

Ranked #460

Franchise 500 Ranking

Ranked #47

Top Franchises for Less Than $50,000

Want to stay updated on the latest franchise news?

Never miss a beat when you sign up to receive our newsletter.

We care about the protection of your data. Read our Privacy Policy

Related Franchises

Are you eager to see what else is out there? Browse more franchises that are similar to Payroll Vault Franchising LLC.

Office Evolution

Office Evolution

Virtual office services, coworking spaces, executive-suite and conference-room rentals
Bruster's Real Ice Cream

Bruster's Real Ice Cream

Ice cream, frozen yogurt, ices, sherbets

Related Franchise Content

Catch up on the latest franchise news, trends, and more.

All of the Best Franchise Investments Start With These 10 Essential Steps

If you want your franchise investment to be successful, be sure to address these 10 concerns before you purchase.

Manish Vakil

· 9 min read

Entrepreneur Franchise of the Day: Concrete Technology Inc

Franchising for 30 years, CTI has found success with its easy-to-use concrete resurfacing system by providing support, training and a successful business model for its franchisees.

The Marketing Challenges of Finding New Franchises

Many young brands make the mistake of taking the approach that more is better.

Rick Grossmann

· 4 min read

Sports World and Smart Fit are in talks to merge

Both franchises want to create "one of the Top 10 Wellness companies worldwide".

Alto Nivel

· 3 min read

McDonald's Apologizes for Understaffing: 'Nobody Wants to Work Anymore'

One McDonald's has come under scrutiny for a controversial sign it shared.

Entrepreneur en Español

· 2 min read

10 Traits of the Most Successful Franchise Owners

A look at the innate qualities that lead to successful franchise ownership.

Don Daszkowski

· 5 min read
Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021