Payroll Vault
Business Services
Availability
Payroll Vault is not currently accepting inquiries.
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Requirements
Financial requirements for this franchise: Minimum Cash Required $75,000 Total Investment $39,313 - $65,769 Cash Required $100,000 -
Options
Options available to franchisees: SBA Approved Available -
Franchisor Details
Facts about this franchise: Business Type Franchise Headquarters Algonquin, IL Total Units 63 Year Founded 2008 Franchising Since 2012 Target Market See List
What does a Payroll Vault Franchise Cost?
Payroll Vault offers a low cost, quick start business model with a high rate of return, has repeatable and recurring revenue streams in a scalable business model to grow from one territory, and does not require a brick and mortar build out. The total investment ranges from $39,313 - $65,769. Candidates are asked to have a minimum of $100,000 in liquid assets and a net worth of $250,000.
YOUR OPPORTUNITY IS HERE...
Entrepreneurs are more than seekers of the next best or greatest venture. You are pursuers of opportunity, leadership and freedom of lifestyle.
No Experience, No Credentials or Certifications are needed for ownership; all skills necessary are trainable for this professional financial services B2B business.
Making a Difference in Business
The Payroll Vault model is designed to be low-cost with a high rate of return because we do not require brick and mortar build out, has repeatable and recurring revenue streams, leverages technology, is in a growing industry and is resilient to recessions and other challenges that other business models face.
Our mission is to make a positive contribution in each local business community by Re-Defining Payroll under a creative culture with one-to-one personalized services that will set industry standards. We don’t have overseas call or processing centers; our Franchisees are trained to be a full-service payroll company through our training program and on-going support.
High Franchisee Satisfaction
We remain a top low-cost franchise with high ratings for franchisee satisfaction, and innovation within all critical areas of franchise systems including training & support, operations, franchisor/franchisee relations, and financial opportunity.
Payroll Vault is Recognized as a “Top Low-Cost Franchises” & “Franchise 500” by Entrepreneur Magazine and awarded by Franchise Business Review “Most Innovative Franchises / Franchises Best of the Best / Top 50 in Franchisee Satisfaction/ Top Franchises for Women/ Top Low-Cost Franchises by Franchisees Who Own Them”.
Growing Industry
30 M businesses in the USA drive a $47 B industry. Payroll Vault is the only full-service payroll franchise opportunity for entrepreneurs and is a member of the International Franchise Association. The payroll service business segment is HOT with industry opportunity of over 6% annual growth through the next 5 years, and payroll is a top three most outsourced business service by business owners.
Revenue Potential
This low-cost franchise opportunity offers monthly, quarterly and annual recurring revenue streams with unlimited earning potential and compounding year-over-year growth. You can build a business that is scalable while creating your legacy. NO Brick-and-Mortar build-out necessary!
Market Accessibility
In the US, small businesses generate 65% of new jobs, and 97% of the businesses employ less than 100 employees. With ever-changing regulations on the city, state, and national levels, small businesses need a reliable, local provider that can provide a personal, consultative approach for their workforce management systems. Their answer is Payroll Vault.
Training and Support
- Freedom & Independence - Create your work/life balance supported by a professional lifestyle business.
- Satisfaction & Fulfillment - Build a business that delivers a vital business service.
- Community Influence - Make lifelong connections that enrich and empower your community.
- Veterans & First Responders: Your skills are transferable and invaluable.
- Training - No experience or certification necessary. Our 3-day comprehensive training will kick start your business.
- Support - Monthly support calls for ownership, sales and marketing, 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.
- Invest In Your Future – Create a personal legacy and build value for your future.
With unlimited earning potential and compounding year-over-year growth, you can build a business that is scalable while creating your legacy.
Criteria for ownership of this type of professional financial services:
- Net Worth ~ $250k - Financing Referrals Available
- Liquidity ~ $100k
- US Citizenship & Filing Taxes in US, Green Card Accepted
- No Recent Bankruptcy - Must be more than 8 years past
- No Legal Issues that would prohibit you from owning/operating a financial services business
- Background & Credit Check
- Finger Printing by IRS
ARE YOU ARE READY FOR YOUR NEXT STEPS TOWARD BUSINESS OWNERSHIP...Inquire today to Payroll Vault to start your journey!
* This information may have changed since first published. We recommend that you always verify fees, investment amounts, and offers with the business opportunity directly prior to making a decision to invest.
