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    Ledgers Area Representative vs Payroll Vault Franchising, LLC Franchise Opportunities

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    DisclosureLedgers Area RepresentativePayroll Vault Franchising, LLC
    Estimated initial investment (Item 7)
    $155,250
    Total initial investment — $155,250–$314,000
    2026 FDD · Item 7 · PDF p. 22
    $77,000 – $140,010
    TOTAL — $77,000 to $140,010
    2026 FDD · Item 7 · PDF p. 19
    Standard initial franchise fee (Item 5)
    $150,000
    2026 FDD · Item 5 · PDF p. 18
    Not available
    No single standard fee identified
    Royalty (Item 6)
    Not available
    No reviewed royalty record
    Not available
    No reviewed royalty record
    Total outlets (Item 20)
    Not available
    No reviewed outlet counts
    Not available
    No reviewed outlet counts
    Net outlet change (Item 20)
    Not available
    Only one year reported
    Not available
    Only one year reported
    Financial performance (Item 19), by location group
    Not disclosed — no Item 19 financial performance representation
    No reviewed Item 19 figures

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change is a Franopolis calculation from the disclosed counts.

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