Question 1

How many Payroll Vault franchise locations are there?

Accepted Answer

Payroll Vault currently has 62 total units, including 61 franchised locations and 1 company-owned locations.

Question 2

Is the Payroll Vault franchise system growing or shrinking?

Accepted Answer

Payroll Vault has experienced positive net growth of +12.7% over the past year, with a 3-year compound annual growth rate (CAGR) of +6.0%.

Question 3

What is the franchise vs. company-owned ratio for Payroll Vault?

Accepted Answer

Payroll Vault has a franchise ratio of 98%, meaning 98% of all units are franchisee-owned. This is a heavily franchised system.

Question 4

How many Payroll Vault franchise units have opened and closed recently?

Accepted Answer

In the most recent reporting year (2024), Payroll Vault had 14 units opened and 7 units closed.