APRIL 16, 2025 FOR IMMEDIATE RELEASE
Littleton, CO, April 16, 2025 – Payroll Vault Franchising LLC. was identified by independent franchise research firm, Franchise Business Review, as a 2025 Top Low-Cost Franchise.
Payroll Vault is a national payroll and HR services provider that caters to small and mid-sized businesses. With over 60 franchise locations across the United States, Payroll Vault offers comprehensive payroll, HR, payroll tax, and compliance solutions to help businesses manage their most valuable asset – their employees.
Franchise Business Review (FBR), a research firm that conducts independent surveys of franchisee satisfaction, provides the only ratings of franchises based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes its rankings of top franchises semi-annually in its Guide to Today’s Top Franchises, as well as industry reports throughout the year that highlight research on the top franchises in specific sectors.
More than 12,000 franchisees representing 125 low-cost brands participated in Franchise Business Review’s franchisee satisfaction survey over 18 months. The brands that were named to the list of the best low-cost franchises to buy had to have high franchisee satisfaction and an investment of under $100,000 at the time their franchisees participated in FBR’s satisfaction survey.
Payroll Vault's franchisees were surveyed on 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training & support, operations, franchisor/franchisee relations, culture, and financial opportunity.
“It’s a common misconception that buying a franchise is too expensive for the average person seeking to start a business. What many people don’t know is that there are very solid franchise opportunities that provide the satisfaction and perks of business ownership but don’t require a huge financial investment,” said Eric Stites, CEO of Franchise Business Review. “Approximately one-third of the award-winning brands on our list of the Top Low-Cost Franchises have initial investments starting under $75K. With financing, many can be started for as little as $20K, with a few options starting under $15K. More importantly, these 50 franchises have average owner satisfaction 20% higher than our industry benchmark, making them all excellent options for anyone considering franchise ownership.”
"Being recognized among the 2025 Top Low Cost Franchises is a tremendous honor for Payroll Vault," said Tricia Petteys, CEO and Co-Founder. "This distinction validates our business model's accessibility and highlights our commitment to providing entrepreneurs with an affordable entry point into the payroll and HR services industry without compromising on support, quality, or potential for growth."
Visit FranchiseBusinessReview.com to see the full list of 2025 Top Franchises.
About Payroll Vault Franchising
Payroll and Workforce Management services are growing requirements for small businesses. Payroll Vault Franchising offers the opportunity to own a boutique-style full-service payroll company supported by a team of experts and a nationally recognized brand. Franchisees are trained in business best practices and provided systems and strategies to operate a payroll business in an increasingly in-demand industry. From the 2012 franchise launch, Payroll Vault Franchising has rapidly grown due to exemplary client service and is an industry leader receiving many accolades and awards nationally. For more information, visit PayrollVault.com/Franchise.
About Franchise Business Review
Franchise Business Review (FBR) is a leading market research firm serving the franchise sector. FBR measures the satisfaction and engagement of franchisees and franchise employees and publishes various guides and reports for entrepreneurs considering an investment in a franchise business. Since 2005, FBR has surveyed hundreds of thousands of franchise owners and over 1,300 leading franchise companies. FBR publishes free and unbiased franchisee satisfaction research reports throughout the year online at http://www.FranchiseBusinessReview.com. To read our publications, visit https://franchisebusinessreview.com/page/publications/.
Media Contacts
Payroll Vault
Jessica Martin
Chief Marketing Officer
jessica.martin@payrollvault.com
Franchise Business Review
Ali Forman
B2B Marketing Director
603.319.4818
aforman@franchisebusinessreview.com