SelectQuote Local vs PAYROLL VAULT
Franchise Comparison 2026
Both SelectQuote Local and PAYROLL VAULT are financial services franchises. SelectQuote Local requires an investment of $74K – $114K while PAYROLL VAULT requires $77K – $112K. PAYROLL VAULT discloses average revenue of $282K; SelectQuote Local makes no financial performance representation in its Item 19, which is voluntary under the FTC Franchise Rule. FranchiseVerdict rates SelectQuote Local D (Below average) and PAYROLL VAULT B (Above average).
| Metric | SelectQuote Local | PAYROLL VAULT |
|---|---|---|
| Verdict Grade | DBelow average | BAbove average |
| Investment Range | $74K – $114K | $77K – $112K |
| Franchise Fee | $55K | $69K |
| Royalty Rate | 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 | 6.0% |
| Average Revenue (Item 19) | N/ANo Item 19 representation | $282K |
| SBA Charge-Off Rate | N/A | Limited data |
| Total Units | 1 | 61 |
| Unit Growth (YoY) | N/A | +6 units |
| Year Began Franchising | 2026 | 2012 |
| FDD Year | 2026 | 2025 |
Investment Range
$74K – $114K
$77K – $112K
Franchise Fee
$55K
$69K
Royalty Rate
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
6.0%
Average Revenue (Item 19)
N/ANo Item 19 representation
$282K
SBA Charge-Off Rate
N/A
Limited data
Total Units
1
61
Unit Growth (YoY)
N/A
+6 units
Year Began Franchising
2026
2012
FDD Year
2026
2025