What does a Payroll Vault Franchise Cost?
Payroll Vault franchise fees for 2024:
Cash Investment: $100,000
Total Investment: $65,460 - $99,970
Minimum Net Worth: $250,000
Franchise Fee: $56,000
Royalty: Greater of $400/mo. or 6%
Ad: 300/mo
Item 19: Yes-very detailed
Average Number of Employees:1-3
Visa Candidates: No
Passive Ownership: No
Semi-Passive Ownership: Yes, full time GM required
Home-Based: Yes
B2B: Yes
Master Franchise Opportunities: Would be considered, US
only
Veteran Discount: Yes- 10% off IFF
Is Payroll Vault a Semi Absentee Franchise with a Passive Ownership Opportunity?
No. Payroll Vault is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.
Is Payroll Vault a Home Based franchise?
Yes. Payroll Vault is a home based franchise opportunity.
What Do Payroll Vault Franchise Owners Make?
Click here to find out how much Payroll Vault franchisees make. Payroll Vault offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.
Is Payroll Vault a Master Franchise Opportunity?
Yes. Payroll Vault is a master franchise opportunity. A master franchisee is responsible to recruit, train and support franchisees in their territory.
Does Payroll Vault Offer a Veteran Discount?
Yes. Payroll Vault franchise does offer a veteran discount.
Does Payroll Vault Work with E2 Visa and EB-5 Visa Candidates?
No. Payroll Vault franchise does not work with E2 Visa and EB-5 Visa candidates.
Is Payroll Vault Looking for Franchisees in Canada?
No. Payroll Vault franchise is not looking for Canada franchisees.
Is Payroll Vault Looking for International franchisees?
No. Payroll Vault franchise is not looking for International franchisees.
Where can I see Payroll Vault's FDD (Franchise Disclosure Document)?
Buying a Franchise Guide: What is a Franchise Disclosure Document?
When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.
Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.