PAYROLL VAULT vs SelectQuote Local
Franchise Comparison 2026
Both PAYROLL VAULT and SelectQuote Local are financial services franchises. PAYROLL VAULT requires an investment of $77K – $112K while SelectQuote Local requires $74K – $114K. PAYROLL VAULT discloses average revenue of $282K; SelectQuote Local does not report Item 19 data. PAYROLL VAULT has SBA lending data on file with a 7.7% charge-off rate. FranchiseVerdict rates PAYROLL VAULT A (Strongest tier) and SelectQuote Local D (Below average).
| Metric | PAYROLL VAULT | SelectQuote Local |
|---|---|---|
| Verdict Grade | AStrongest tierStrongest tier | DBelow averageBelow average |
| Investment Range | $77K – $112K | $74K – $114K |
| Franchise Fee | $69K | $55K |
| Royalty Rate | 6.0% | 20% of Net Revenues on Health/Life Insurance Products in initial term (30% of Net Revenues on Health renewal terms); subject to Minimum Royalty. 'Net Revenues' = Commissions and administrative fees net of reversals, i.e. a commission base, not gross |
| Average Revenue (Item 19) | $282K | N/An=1 |
| SBA Charge-Off Rate | 7.7% (13 loans) | N/A |
| Total Units | 55 | 1 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2012 | 2026 |
| FDD Year | 2025 | 2026 |
Investment Range
$77K – $112K
$74K – $114K
Franchise Fee
$69K
$55K
Royalty Rate
6.0%
20% of Net Revenues on Health/Life Insurance Products in initial term (30% of Net Revenues on Health renewal terms); subject to Minimum Royalty. 'Net Revenues' = Commissions and administrative fees net of reversals, i.e. a commission base, not gross
Average Revenue (Item 19)
$282K
N/An=1
SBA Charge-Off Rate
7.7% (13 loans)
N/A
Total Units
55
1
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2012
2026
FDD Year
2025
2026