Investment Information

Opening Your Own Music Go Round® Franchise Business

Appropriate capitalization is a critical factor in the success of any business. We qualify Music Go Round candidates on an approximate investment of $350,000 to open a music resale store. However this investment will vary depending on the market and other factors. Either individually or with a financial partner, our minimum net worth and liquid asset requirements are as follows:

  • $90,000 – Cash or liquid assets.*
  • $210,000 – Equity or other assets to be used as collateral to obtain sufficient bank financing.

*Liquid asset examples include cash, non-retirement stocks, and bonds, etc.

Verification of financial data such as cash available will be required as you move forward in our franchise process. Funds quoted above are in U.S. dollars.

Interested in more detailed franchise costs and investment information? We're ready to help! Call our Winmark® team at (866) 595-0053 now!

Music Go Ground Fast Facts

It's important for any prospective franchisee to know the details about what kind of store they're hoping to open. Below, take a look at some quick facts about our Music Go Round stores, what they sell, and who they serve.

Sales and gross margin:

  • System Average Gross Sales: $944,094 (2016)*
  • Top Quartile Average Sales: $1,567,730 (2016)*
  • Top Quartile Average Gross Profit: $743,823 (2016)*

*As stated in Item 19 of the 2017 Music Go Round Franchise Disclosure Document (as reported by the 32 Music Go Round stores that had been in operation at least one year as of December 31, 2016). The Top Quartile Average Gross Sales and Average Gross Profit only relates to 8 of the reporting Music Go Round stores who ranked in the top 25% of the gross sales range. Of the 8 reporting stores in the top quartile, 3 or 38% of the stores attained or exceeded the top quartile Average Gross Sales and 5 or 63% of the stores attained or exceeded the top quartile Average Gross Profit. A new franchisee’s results will likely differ from these results.

Product selection:

  • Guitars
  • Band instruments
  • Percussion
  • Keyboards/MIDI
  • Pro sound
  • Accessories

Product mix:

  • 78% Used
  • 19% New
  • 3% Other

Ready to start the journey toward owning and operating your own store?
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People Love Buying and Reselling Used Items...Everyday!
  • 1 Sales & Gross Margin

    Average Store Gross Sales: $944,094*

    Average Gross Profit: $458,213*

    Top Quartile Average Gross Sales: $1,567,730*

    Top Quartile Average Gross Profit: $743,823*

  • 2 Core Customers

    Males age 18-44

    Beginner musicians, hobbyists and professionals

    Middle to upper income households, Active Music Scene

  • 3 Product Mix

    78% Used

    19% New

    3% Other

    Product Selection: Guitars, Percussion, Band Instruments, Keyboards/MIDI, Pro Sound, Accessories

  • 4 Real Estate

    Suburban or Urban “uptown” areas, Power strip or regional mall centers

    2,800 – 3,200 square feet

*The Average Store numbers are the 2016 Average Gross Sales and Average Gross Profit amounts stated in Item 19 of the 2017 Music Go Round® Franchise Disclosure Document (as reported by the 32 stores that had been in operation at least one year as of December 31, 2016). Of the 32 reporting stores, 13 or 41% of the stores attained or exceeded the Average Gross Sales and 15 or 47% of the stores attained or exceeded the Average Gross Profit. The Top Quartile Average Gross Sales and Average Gross Profit only relates to 8 of the reporting Music Go Round® Stores who ranked in the top 25% of the gross sales range. Of the 8 reporting stores in the top quartile, 3 or 38% of the stores attained or exceeded the top quartile Average Gross Sales and 5 or 63% of the stores attained or exceeded the top quartile Average Gross Profit. A new franchisee’s results will likely differ from these results.

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