Question 1

How much does it cost to open a Payroll Vault franchise?

Accepted Answer

The total initial investment for a Payroll Vault franchise ranges from $77K to $112K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Payroll Vault franchise fee?

Accepted Answer

The initial franchise fee for Payroll Vault is $69K.

Question 3

What are the net worth requirements for a Payroll Vault franchise?

Accepted Answer

Net worth requirements for Payroll Vault are specified in the Franchise Disclosure Document.

Question 4

Does Payroll Vault require a personal guarantee?

Accepted Answer

Yes, Payroll Vault requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Payroll Vault franchise?

Accepted Answer

Equipment costs for a Payroll Vault franchise range from $375 to $2K.