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.
Franchise Costs
4% royalty + $1,500/yr marketing fee (may increase up to $2,500/yr)
Financial Performance
Item 19 Financial Performance
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
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
MUSIC-GO-ROUND Current | $337K – $431K | $25K | 4.0% | 34 |
| MERLE NORMAN COSMETICS | $48K – $260K | N/A | N/A | 797 |
| CORNWELL | $80K – $324K | N/A | N/A | 793 |
| BATTERIES PLUS | $263K – $497K | $45K | 5.0% | 604 |
| PET SUPPLIES PLUS | $537K – $2.0M | $50K | 3.0% | 502 |
| WILD BIRDS UNLIMITED | $227K – $379K | $40K | 4.0% | 340 |
Specialty Retail Average 46 franchises | $285K – $708K | $38K | 5.0% | – |
* 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
+4 more states
Franchisee Contacts
38 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
38 Contacts Available
Unlock all MUSIC-GO-ROUND franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
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.
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