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.

67
Locations
$339K–$459K
Investment
Since 1994
Franchising
RetailMinneapolis, MNwww.musicgoround.comDisclaimer

Franchise Costs


Franchise Fee
$25,000
Item 5 of FDD
Initial Investment Range
$339,200 $458,900
Low: $339,200High: $458,900
Item 7 of FDD
Royalty Rate
5.00%
of gross sales
Brand Fund
0.00%
Item 6 of FDD
Fixed Monthly Fees
$420 – $420
Item 6 of FDD

5% royalty + $1,500/yr marketing + $295/mo software fee

How MUSIC-GO-ROUND Compares


FranchiseInvestmentFeeRoyaltyLocations
MUSIC-GO-ROUND
Current
$339K – $459K$25K5.0%67
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 – $709K$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.

Franchisee Contacts


68 franchisee contacts on file from official FDD filings.

NameSBA 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

68 Contacts Available

Unlock all MUSIC-GO-ROUND franchisee contacts with verified contact information

Due Diligence


Litigation (Item 3)

Franchisee Cases0
No litigation involving franchisees reported

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
4
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
1
Sold to Franchisees
0
Projected New
1

Frequently Asked Questions


The total initial investment to open a MUSIC-GO-ROUND franchise ranges from $339,200 to $458,900. This includes a franchise fee of $25,000. Ongoing royalty fees are 5.0% of gross sales.

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