Payroll Vault - Franchise
Payroll Vault helps small businesses be more successful by supporting them with payroll and workforce management services that aid them in managing their employees, their business, and most importantly, keep them compliant. Client Focused & Technology Driven, Payroll Vault is a boutique style full service payroll and workforce services company designed for small business.
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $50,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $250,000 What does Net Worth mean? |
| Total Investment: | $74,254 What does Total Investment mean? |
Options
Options available to franchisees:
| Financing: | Via 3rd party |
|---|---|
| Training: | Available |
| Veteran Discount: | 10% off Franchise Fee |
| SBA Approved: | Available |
Franchisor Details
Facts about this franchise:
| Total Units: | 60 |
|---|---|
| Year Founded: | 2008 |
| Franchising Since: | 2012 |
What Does a Payroll Vault Franchise Cost?
To buy a franchise with Payroll Vault, you'll need to have at least liquid capital of $50,000 and a minimum net worth of $250,000. Franchisees can expect to make a total investment of at least $74,254. They also offer financing via 3rd party as well as a discount for veterans (10% off Franchise Fee). *
Why Payroll Vault?
- Low Capital Investment <$100K
- 60-90 Day Start-up
- Exceptional ROI
- No Brick & Mortar Required
- No Accounts Receivable
- Fully Operational with Remote Online Systems
- Owner/Operator & Semi-Absentee
- Business to Business
- Recurring Revenue Stream
- Recession Resistant
Payroll Vault Benefits
- Freedom & Independence - Create your work/life balance supported by a professional lifestyle business.
- Building New Professional Skills - All aspects of the business are trainable and lead to career opportunities and job satisfaction. Tap into the Vault!
- Satisfaction & Fulfillment - Build a business that delivers a vital business service.
- Community & Discovery Influence - Channel stress of a job into energy of business ownership and make lifelong connections that enrich and empower your community.
- Investing In Your Future - Make the financial investment that will create a personal legacy and build value for your future.
This is a great opportunity for Veterans and First Responders.
Training & Support
This low-cost turn-key business opportunity has you up and running a full-service payroll company in about 90 days with the training and support from a team of experts.
No experience or certification is necessary to start up your Payroll Vault.
Our 3-day comprehensive training at our Headquarters will kickstart your business. Be assured that you will have the support and training from our corporate team and franchise community. Monthly support calls, two annual conferences, a variety of continuing education programs in every division, and direct access to your peers will help you develop and grow your Payroll Vault.
- Monthly support includes: Owners call for franchise owners, Sales & Marketing Support call, and Sales Accountability Support Groups calls
- 2 annual conferences: Owners Exchange Conference for owners only; Annual National Conference for owners, staff, and vendor partners
Ideal Candidate
We're looking for franchise owners with operational skills and who individuals who are comfortable with numbers and systems. Sales process and management skills are important characteristics of the ideal candidate.
Request more information about Payroll Vault to start your franchise today!
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Awards
Payroll Vault has received the following awards and acknowledgements:
Top 500 (2020), Top Low Cost Franchise Opportunity (2020, 2019)
Availability
Payroll Vault is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $50,000 in liquid capital to invest.
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