---
title: "Payroll Vault Celebrates Rapid Growth with Seven New Locations and Two New States"
url: https://burnaze.com/article/2fc85402-ea32-40bf-ab06-ecd015134b03
source: "Franchising.com"
original_url: https://www.franchising.com/news/20240430_payroll_vault_celebrates_rapid_growth_with_seven_new_locations_and_two_new_.html
category: "Business Services"
industry: "Business Services"
topics: ["Finance & M&A","Development & multi-unit"]
published: 2024-04-30T12:00:00.000Z
modified: 2026-11-01T22:32:41.566Z
image: https://images.unsplash.com/photo-1526304640581-d334cdbbf45e?w=1600&q=80&auto=format&fit=crop
---

# Payroll Vault Celebrates Rapid Growth with Seven New Locations and Two New States

**TL;DR:** Payroll Vault, a provider of payroll and workforce management services, is opening seven new offices across the US. The company has experienced a 15.4% growth rate in the first four months of 2024 and aims to open 20 new locations this year.

*originally published in Franchising.com on 2024-04-30. [Read the original](https://www.franchising.com/news/20240430_payroll_vault_celebrates_rapid_growth_with_seven_new_locations_and_two_new_.html).*

## Story

LITTLETON, Colo. - Payroll Vault, a leading provider of payroll and workforce management services for small businesses, is excited to announce the grand opening of seven new offices on May 1. The new locations include Castle Rock and Denver, Colorado; East Granby, Connecticut; Rehoboth, Delaware; Atlanta, Georgia; Watertown, South Dakota; and Frisco, Texas.

“We’re thrilled to welcome these new owners into the Payroll Vault franchise family. They each bring diverse experiences and skills to the brand,” said Sean Manning, CEO of Payroll Vault. “As we continue to grow, we remain committed to supporting our franchisees in providing exceptional payroll services to help small businesses with the complexities of payroll and HR.”

With a total of eight new locations in the first four months of 2024, the Payroll Vault franchise has experienced a robust growth rate of 15.4% to date. This latest group of new locations mark the franchise’s first locations in Delaware and Connecticut, extending the company’s reach to 23 states plus the Virgin Islands. The brand isn’t looking to slow down, with a goal of a total of 20 new locations this year and at least 20 every year from here on out.

The new locations will offer a comprehensive suite of services, including payroll, HR, timekeeping and attendance, drug screening and background checks, workers’ compensation, labor law poster services, and point of sale services. These offerings are designed to streamline business operations, ensure compliance, and support the growth of local businesses. By taking on these back-of-house operations, business owners are free to build their businesses and strengthen their community and local economy.

Payroll and workforce management services are growing requirements for small businesses. Payroll Vault Franchising aims to help these businesses avoid penalties by focusing on core business operations while providing the opportunity for prospective franchisees to own a boutique-style full-service payroll company supported by a team of experts and a nationally recognized brand. Franchisees are trained on business best practices and provided systems and strategies to operate a payroll business in an increasingly in-demand industry.

From the franchise launch in 2012, Payroll Vault Franchising has rapidly grown as a result of exemplary client service and is an industry leader, receiving numerous accolades and awards nationally. For more information, visit PayrollVault.com/franchise.

## Entities

- Franchising.com (publication)
- unit expansion (topic)
- franchise growth (topic)
- Business Services (sector)
- texas (location)
- Georgia (location)
- Colorado (location)
- Connecticut (location)
- Delaware (location)
- south dakota (location)
- Payroll Vault (company)
- payroll services (topic)

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Originally reported by Franchising.com (https://www.franchising.com/news/20240430_payroll_vault_celebrates_rapid_growth_with_seven_new_locations_and_two_new_.html). Summarized by Burnaze (https://burnaze.com/article/2fc85402-ea32-40bf-ab06-ecd015134b03).