Fitness Machine Technicians vs Payroll Vault Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Fitness Machine Technicians vs Payroll Vault including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Fitness Machine Technicians Payroll Vault
Investment 71450 - 118490 49135 - 65769
Franchise Fee
Royalty Fee 6% 6%
Advertising Fee 1%
Year Founded 2002 2008
Year Franchised 2012 2012
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Fitness Machine Technicians Payroll Vault
Experience Accounting/Business background is helpful but not necessary.

Financing Options

  Fitness Machine Technicians Payroll Vault
 
Franchise Fees Yes
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support

  Fitness Machine Technicians Payroll Vault
Training On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training 3-4 day Owners training program at our headquarters in Greenwood Village, Colorado. 5-day Sales & Marketing Training program at our headquarters in Greenwood Village, Colorado. Payroll Processing Training program is an ongoing training for 6 months to one year. *You will learn the operational and administrative elements of the business. *The experience takes place in a combination of classroom and field environments. *We also offer a variety of ongoing web training sessions throughout the year.
Support Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software You're in business for yourself, but not by yourself. We are here for you every step of the way. You will be able to contact our support staff via email and phone to ask questions or to discuss business issues. Building a great business in the payroll industry couldn't be easier.
Marketing Ad Templates Social media SEO Website development
Operations Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2 This franchise opportunity is “doors open-- M-F type of business. There are 2 primary job functions in this business, they are Business Development and Payroll Processing.

Expansion Plans

  Fitness Machine Technicians Payroll Vault
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
Fitness Machine Technicians
Payroll Vault
Franchise Fee
Fitness Machine Technicians
Payroll Vault
Royalty Fee
Fitness Machine Technicians 6%
Payroll Vault 6%
Advertising Fee
Fitness Machine Technicians 1%
Payroll Vault
Year Founded
Fitness Machine Technicians 2002
Payroll Vault 2008
Year Franchised
Fitness Machine Technicians 2012
Payroll Vault 2012
Term Of Agreement
Fitness Machine Technicians
Payroll Vault 5 years
Renewal Fee
Fitness Machine Technicians
Payroll Vault


Business Experience Requirements

Experience
Fitness Machine Technicians
Payroll Vault Accounting/Business background is helpful but not necessary.

Financing Options

 
Franchise Fees
Fitness Machine Technicians Yes
Payroll Vault Yes
Start-up Costs
Fitness Machine Technicians
Payroll Vault
Equipment
Fitness Machine Technicians}
Payroll Vault
Inventory
Fitness Machine Technicians
Payroll Vault
Receivables
Fitness Machine Technicians
Payroll Vault
Payroll
Fitness Machine Technicians
Payroll Vault

Training & Support

Training
Fitness Machine Technicians On-The-Job Training: 80 hours Classroom Training: 46 hours Additional Training: Field training
Payroll Vault 3-4 day Owners training program at our headquarters in Greenwood Village, Colorado. 5-day Sales & Marketing Training program at our headquarters in Greenwood Village, Colorado. Payroll Processing Training program is an ongoing training for 6 months to one year. *You will learn the operational and administrative elements of the business. *The experience takes place in a combination of classroom and field environments. *We also offer a variety of ongoing web training sessions throughout the year.
Support
Fitness Machine Technicians Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software
Payroll Vault You're in business for yourself, but not by yourself. We are here for you every step of the way. You will be able to contact our support staff via email and phone to ask questions or to discuss business issues. Building a great business in the payroll industry couldn't be easier.
Marketing
Fitness Machine Technicians Ad Templates Social media SEO Website development
Payroll Vault
Operations
Fitness Machine Technicians Absentee Ownership Allowed Number of Employees Required to Run: 1 - 2
Payroll Vault This franchise opportunity is “doors open-- M-F type of business. There are 2 primary job functions in this business, they are Business Development and Payroll Processing.

Expansion Plans

US Expansion
Fitness Machine Technicians Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Payroll Vault Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
Fitness Machine Technicians
Payroll Vault
International Expansion
Fitness Machine Technicians
Payroll Vault