Payroll Vault Franchise Review 2026: Ratings & Verdict

Product details

Contents

Key facts


The Verdict

Quick Verdict · who it fits

Payroll Vault fits first-time franchise buyers looking for a mid-scale financial services concept.

✓ Strengths

⚠ Risks to review

Key FDD Facts

The numbers a buyer needs first — straight from the filing.

Initial investment (Item 7)

$77K - $140K

Franchise fee (Item 5)

$69K

Royalty (Item 6)

6% + 2% ad

System size (Item 20)

62 +10

Agreement term

5 yrs

Years in business

14+ yrs

Company-owned units

1

Item 3 litigation

1 suit

Model Payroll Vault's costs in the investment calculator → Prefilled from this filing — startup cost, cash flow and break-even.

Buyer qualifications

•No exclusive territory•Owner-operator required✓No bankruptcy disclosed•1 Item 3 case

Data extracted from the 2026 FDD filed with state regulators. Fees and terms may have changed since filing — request the current FDD from the franchisor before deciding. Not legal, financial, or investment advice. Full disclaimer.

What you'd pay the franchisor

Drag to your projected annual sales. Royalty 6% + ad fund 2% on gross sales.

PROJECTED ANNUAL SALES$500,000

$100k$2M

Royalty (6%)

Ad fund (2%)

Total / year

▪ Of-sales fees only · excludes rent, labor, COGS, and one-time costs · for illustration

Executive Summary

Free AI summary — the first read on the filing.

Key Numbers

62

Total units open

14 franchised outlets

Units opened last year

6 franchised outlets

Units closed last year

7 franchised outlets

Net unit growth

AI Due Diligence Findings PREMIUM

What our analysis flagged across the 2026 filing.

4

Risks to review

3

Strengths identified

5

Questions to ask

Industry Benchmarks

How Payroll Vault ranks against 29 Financial Services peers we've analyzed.

Initial investment

79th pct · of 29 peers

Franchise fee

93rd pct · of 29 peers

System size

37th pct · of 29 peers

Financial Services industry averages

Avg investment

$58K - $182K

Avg franchise fee

$37K

Avg system size

450

Franchises analyzed

29

How Payroll Vault stacks up

Closest concepts by category and investment.

Brand Item 19 Fee Investment Royalty Units
Payroll Vault None $69K $77K - $140K 6% 62
Ameriprise Financial ServicesSimilar price Disclosed $2K $10K - $138K 72–91% 3,738
Jackson HewittBiggest system Disclosed $25K $19K - $105K 15% 2,468
Brightway InsuranceTop-rated in category Disclosed $25K $43K - $187K 351

Compare side-by-side ↗

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Investment Guide

Franchise Net Worth and Liquidity Requirements: Do You Actually Qualify?

A franchise net worth requirement and a liquid capital requirement measure two very different things — and most rejected applicants fail the one they never checked. Here's how the math works at every investment tier.

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Financial Analysis

Item 19 Shows Revenue, Not Profit: Build a Pro-Forma

Item 19 hands you an average revenue number and stops there. Here's the step-by-step way to haircut that top-line, layer in COGS, labor, occupancy, the fee stack, and debt service, and land on the profit you'd actually take home.

Learn more →

Get franchise information FREE

Frequently Asked Questions

How much does a Payroll Vault franchise cost?

Payroll Vault requires a $68,500 initial franchise fee and a total initial investment range of $77,000–$140,010, per the most recent FDD on file.

Who owns Payroll Vault?

Payroll Vault franchises are sold by Payroll Vault Franchising, LLC, the franchisor entity of record on its Franchise Disclosure Document. Item 1 of the FDD discloses the corporate structure, including any parent companies and predecessors.

Does Payroll Vault disclose financial performance (Item 19)?

No. Payroll Vault does not include a financial performance representation in its FDD. Prospective buyers should rely on validation calls with existing franchisees and benchmark against industry medians.

What ongoing fees does Payroll Vault charge?

Franchisees pay a royalty of 6% and an advertising fund contribution of 2% on gross sales as defined in Item 6 of the FDD.

How many Payroll Vault locations are there?

As of their 2026 FDD, Payroll Vault has 62 total locations, with 10 new locations opened in the most recent reporting year. This information comes from Item 20 of the FDD.

Does Payroll Vault grant exclusive territory?

No. Payroll Vault does not grant exclusive territory rights under Item 12. The franchisor retains the right to operate or grant additional units inside or adjacent to your trade area.

What are the renewal and exit terms?

Per the FDD, Payroll Vault discloses an initial agreement term of 5 years. Review Items 10 and 17 for the full renewal and termination provisions.

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