Steps to Ownership?
The Music Go Round® Process
Interested in owning and operating your own Music Go Round location in
your area? Excellent. At Winmark®, we invite all types of different prospective franchisees to submit qualified
applications. It doesn't matter if you have a long history in retail and
even whether or not you have owned your own business before. Instead,
our company and its brands have thrived due to our partnerships with enterprising
franchise partners who are passionate about their work and the success
of their store.
We're ready to hear from you. Submit your
qualification form to our team here at Winmark today!
Qualification & Your Finances
The first step toward becoming the owner of a Music Go Round franchise
business is submitting our qualification form. This will include basic
information about yourself and where you're looking to open the location.
Our Winmark team will then get back to you and confirm your financial
To open a Music Go Round location, we require a minimum of:
- $400,000 – Net Worth
- $90,000 to $105,000 in cash or liquid assets
If you do not meet these requirements, that's okay. Many of our franchisees
partner with family, friends of financial alliances to meet these first
requirements and—because Winmark Corporation is so well-regarded
in the industry—we have a great track record of success with our
franchisees getting funded.
Get to Know Music Go Round
After the necessary financial information is verified, we'll help you schedule
visits with existing Music Go Round franchisees. During these visits,
you learn firsthand how these stores operate and, more importantly, talk
with the owners about what it's like to run the business and work with Winmark.
Following your visits with franchisees, you'll be invited to our Discovery
Day here at Winmark headquarters in Minneapolis. This where you'll meet
our Music Go Round franchise team and speak with our experts on training,
store operations, real estate, marketing, and more. You'll also have a
one-on-one meeting with our Brand Director. Discovery Day is the perfect
opportunity for us to get to know you more—and for you to learn
more about Winmark!
Joining the Winmark Family
Once we both decide to move forward with this franchise opportunity, you're
ready to officially join the Music Go Round team here at Winmark! You'll
promptly be sent the franchise agreement and we'll enroll you in your
first week of training. It will still take a few months to get to your
Music Go Round grand opening, but while the location is prepped, you'll
gain the knowledge, insight, and training you need to ensure your store
is ready to be a powerful force in your local marketplace!
Have more questions about our qualification process? Our Winmark franchising
team has the answers.
Contact our Winmark team or call us at
(866) 570-5928 today!