FranDB
MUSIC-GO-ROUND

MUSIC-GO-ROUND

Music Go Round franchises retail stores that sell quality used and new musical instruments, speakers, amplifiers, music-related electronics, and related accessories. The business model emphasizes consumer value by offering substantial savings on used merchandise and purchasing used goods from customers to resell. Target markets include parents of children who play musical instruments, as well as professional and amateur musicians.

Since 1994RetailMinneapolis, MNwww.musicgoround.com
Item 19 Available

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$337,050 - $430,500
Franchise Fee
$25,000
Locations
34

Financial Requirements

Franchise Fee$25,000
Initial Investment Range$337,050 - $430,500
Royalty Rate4.00%
Brand Fund0.00%
Fixed Monthly Fees$125 - $208

4% royalty + $1,500/yr marketing fee (may increase up to $2,500/yr)

Franchise Stats

Franchise Locations34
Corporate Locations0
States Operating20
Franchising Since1994
FDD Year2025

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$1,408,723
Median Gross Revenue
$1,115,849
Top Quartile Revenue
$2,621,486
Bottom Quartile Revenue
$603,800

Data Based On: 34 franchised Music Go Round® Stores located in the United States that commenced operations during the years 1996 through 2023, and were not transferred during 2024, for the fiscal year ended December 28, 2024.

* Average Gross Profit is explicitly defined as Gross Sales less Cost of Goods Sold and does not reflect any operating expenses other than Cost of Goods Sold. Therefore, average_net_profit, average_net_income, average_ebitda, and profit range estimates cannot be calculated based on the provided definitions as no information on other operating expenses is available.

Extracted Item 19 Section

How MUSIC-GO-ROUND Compares to Other Specialty Retail Franchises

FranchiseInvestment RangeFranchise FeeRoyaltyLocations
MUSIC-GO-ROUND
Current
$337K - $431K$25K4.0%34
MERLE NORMAN COSMETICS$48K - $260KN/AN/A797
CORNWELL$80K - $324KN/AN/A793
BATTERIES PLUS$263K - $497K$45K5.0%604
PET SUPPLIES PLUS$537K - $2.0M$50K3.0%502
WILD BIRDS UNLIMITED$227K - $379K$40K4.0%340
Specialty Retail Average
46 franchises
$285K - $708K$38K5.0%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 46 Specialty Retail franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2024)

Outlets by state across the United States

Top States by Outlet Count
1MN
5
2CO
4
3OH
3
4WI
2
5MI
2
6MO
2
7NC
2
8PA
2
9CA
2
10GA
1
11VA
1
12TX
1
13NE
1
14NM
1
15IN
1

+4 more states

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
2
Non-Renewals
1
Reacquired by Franchisor
0
Ceased Operations (Other)
0
System Transfers
0
Sold to Franchisees
0
Projected New Franchises
4

Frequently Asked Questions

How much does it cost to open a MUSIC-GO-ROUND franchise?

The total initial investment to open a MUSIC-GO-ROUND franchise ranges from $337,050 to $430,500. This includes a franchise fee of $25,000. Ongoing royalty fees are 4.0% of gross sales.

How much revenue does a MUSIC-GO-ROUND franchise make?

According to the 2025 FDD, the average gross revenue for a MUSIC-GO-ROUND franchise is $1,408,723. The median revenue is $1,115,849.

How many MUSIC-GO-ROUND franchise locations are there?

As of the 2025 FDD, MUSIC-GO-ROUND has 34 franchise locations. The company has been franchising since 1994.

Is MUSIC-GO-ROUND a good franchise to buy?

MUSIC-GO-ROUND shows several positive indicators: transparent financial performance data (Item 19). However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in MUSIC-GO-ROUND?

Talk to a franchise advisor to get personalized guidance and learn if MUSIC-GO-ROUND is the right fit for you.

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