Cost to Open 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 $309,300 to $394,800 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 to $105,000 – Cash or liquid assets*
  • $400,000 – Net Worth

*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!  Contact us today or call our Winmark® team at (866) 570-5928 now!

Type of Expenditure

Minimum

Maximum

Initial Franchise Fee

$25,000

$25,000

Fixtures and Supplies

$23,000

$31,000

Signs

$8,000

$14,000

Security Cameras

$1,000

$4,000

Point-Of-Sale (POS) System

$18,300

$21,800

Leasehold Improvements

$9,000

$11,000

Build-Out

$25,000

$40,000

Deposits and Business Licenses

$5,000

$9,000

Opening Inventory

$120,000

$130,000

Miscellaneous Pre-Opening Expenses

$30,000

$50,000

Rent - First 3 Months

$15,000

$24,000

Additional Funds - 3 Months

$30,000

$35,000

Total

$309,300

$394,800

Music Go Round Fast Facts

  • Real Estate

    Real Estate

    Power strip centers or suburban centers around regional shopping malls

    3,000 to 4,000 square feet

  • Core Customers

    Core Customers

    Males 18 – 45

    Beginner musician turning over gear as skill level rises

    Hobbyist/Part time pro musician that recreationally makes music and is reconnecting with their love of music

  • Product Selection

    Product Selection

    80% Used, 18% New, 2% Other

    Guitars

    Band instruments

    Percussion

    Keyboards/MIDI

    Pro sound

    Accessories

Territories Available

Discover the prime territories available for your own Music Go Round. Find out where you can establish your successful business and make a difference in your local community. Start your journey today!

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