A 7-year-old local payroll company is staying close to home while expanding in the suburbs.
Checkright is doubling the size of its office in Henrico with a move about one mile from its current home.
Founder and owner Arch Wallace said the company leased 3,500 square feet of the first floor at 3311 Church Road. It’s a quick shot south from the 1,500-square-foot office it occupied for seven years at 10120 W. Broad St.
The company expects to move in June 1.
Wallace had one word to explain the reason for the move: growth.
“When we started on Broad there were three of us,” he said of the company’s headcount. “Starting in June we’ll be adding our ninth person.”
Checkright offers payroll services, timekeeping and benefits selection. Wallace said revenue and the list of clients have grown five-fold in seven years.
Wallace started Checkright after years in the restaurant business. He opened Superstars Pizza on Patterson Avenue in 1994 and sold it. That experience has helped him as he’s grown Checkright.
“When you’re in payroll there are as many types and kinds of customers as you can imagine,” he said. “But we have more restaurants and law firms than any other group. Maybe that says something about the type of town Richmond is.”