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Music Go Round

Information based on 2024 FDD
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Brand Highlights
  • Founded in 1986
  • Franchising Since 1994
  • 37 US Franchises
  • $309K - $395K Investment Range
  • $1M Average Gross Revenue
  • 4% Royalty Fee
  • $25K Franchise Fee
Brand Description
Music Go Round is a unique retail franchise concept that has been striking the right chord with music enthusiasts since 1986. This specialized resale business creates a vibrant marketplace where musicians of all skill levels can buy, sell, and trade quality used and new musical instruments and equipment.

What sets Music Go Round apart is its dedication to creating an inclusive, welcoming environment where both beginners and seasoned musicians feel comfortable exploring their passion for music. Their expert staff members are known for their deep product knowledge, honest advice, and ability to help customers find the perfect instrument or equipment for their needs and budget.

The business model combines the growing trend of sustainable retail with the evergreen appeal of musical instruments. By offering high-quality used gear at competitive prices, Music Go Round makes musical instruments more accessible while providing musicians a trusted platform to sell their unused equipment. Their thorough inspection and testing process ensures that all pre-owned items meet strict quality standards.

Beyond just being a retail store, Music Go Round locations often become community hubs where local musicians gather, share knowledge, and discover new gear. Their reputation for exceptional customer service, fair pricing, and authentic musical expertise has earned them loyal customers across their locations. Whether it's a parent looking for their child's first instrument, a gigging musician needing reliable equipment, or a collector searching for vintage gear, Music Go Round provides a trustworthy and value-driven shopping experience that resonates with music lovers of all backgrounds.
DID YOU KNOW?

How much does it cost to start a franchise with Music Go Round?

$309K
$395K
Starting your own Music Go Round franchise - where music lovers can buy, sell, and trade new and used instruments - requires a total investment between $309,300 and $394,800, which includes the $25,000 franchise fee plus all the startup costs needed to launch your musical marketplace and tap into the thriving $7 billion musical instrument industry.
Financial Summary
Franchise Fee
$25K
Investment Range
$309K - $395K
Investment Midpoint
$352K
Minimum Cash Required
$309K
Royalty Fees
4%
Brand Fund
$1,500/y
Brand Bragging Rights
41% higher revenue than sub-sector average ($1.32M vs $937K)
31% below average investment requirements for market entry
38 years proven business model since 1986
Multiple revenue streams through buy-sell-trade model
Strong musician community brand recognition
Owner-operators typically musicians with product expertise
Financial Analysis
Music Go Round requires an initial investment of $309,300-$394,800, positioning it as an accessible entry point in the retail franchise sector. This investment level sits 31% below the sub-sector average minimum of $453,266, making it attractive for emerging entrepreneurs seeking established brand recognition without premium capital requirements.

The franchise demonstrates exceptional revenue performance, generating $1,322,547 in gross revenue—41% above the sub-sector average of $937,273. This superior revenue generation combined with below-average investment requirements creates an attractive return profile for potential franchisees in the musical instrument resale market.

With 37 units and 38 years of operation since 1986, Music Go Round demonstrates operational stability and proven business processes. The mature franchise system offers established brand recognition within music communities, with stores typically owned and operated by musicians who understand customer needs and product quality requirements.

The buy-sell-trade model creates multiple revenue streams while building customer loyalty through repeat transactions. Inventory management complexity and product expertise requirements demand operators with music industry knowledge or willingness to develop specialized skills.

Ideal investors should possess adequate working capital for inventory acquisition and demonstrate passion for music retail. The business model suits owner-operators who can leverage personal music knowledge and community connections, particularly in locations near music schools, performance venues, or areas with active musician populations.
Expected Investment Range
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Average Gross Sales
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Financing
Financing Details

Franzy connects you with top-tier financing partners to help secure the funds to invest in a franchise like Music Go Round. Whether you're looking for a loan or exploring other financial products, our partners provide expert guidance to ensure you obtain the necessary capital. They specialize in offering solutions tailored to the needs of franchisees, making the process of securing financing smooth and straightforward.

Why Financing with Franzy Partners?

Choosing to finance through Franzy's partners ensures you get the best terms and support for your franchise investment. Our partners have extensive experience in the franchising industry and offer specialized financial solutions tailored to your needs. With competitive interest rates and flexible repayment options, you can find the right financing plan that fits your budget and goals. Our partners are committed to providing personalized guidance throughout the financing process, making it easier for you to secure the necessary funds and confidently move forward with your franchise venture.

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Guidant Financial

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Location Analysis
Music Go Round maintains a strategic presence across multiple states, with notable concentrations in the Midwest and Mountain regions. The franchise shows particular strength in key markets across Colorado and Minnesota, along with significant presence in Michigan, Wisconsin, and Indiana, suggesting successful market penetration in regions with strong music cultures and active entertainment scenes. This geographic distribution indicates potential for significant expansion, particularly in the Northeast and West Coast markets where presence is currently limited.

The franchise's focus on musical instrument retail and resale positions it uniquely in secondary and tertiary markets where competition from major national chains may be less intense. Successful locations typically thrive in areas with robust local music scenes, proximity to colleges and universities, and demographically diverse communities with median household incomes supporting discretionary spending on musical instruments.

Ideal locations for new franchises should target metropolitan areas with populations between 100,000-500,000, strong arts communities, and multiple educational institutions. The current geographic footprint suggests opportunities for expansion in underserved states, particularly in music-centric markets across the Southeast and Southwest. Key success factors include visibility in retail corridors, proximity to complementary businesses like music schools and performance venues, and areas with strong youth populations.
Total US Locations37
Open Franchises37
Corporate Locations0
Average Sq. FootN/A
Territory Map

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Franchise Net Unit Growth
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Additional Information

Executive Team

Get to know the leadership behind Music Go Round. Learn about the experience and expertise of the executive team guiding Music Go Round's success. For more details, refer to Item 2 of the Franchise Disclosure Document (FDD).

Litigation

Review any legal actions or pending litigation involving Music Go Round. Understanding the legal history helps assess potential risks and the brand's business practices. For more details, refer to Item 3 of the Franchise Disclosure Document (FDD).

Bankruptcy

Review Music Go Round's bankruptcy history and any filings by key personnel or affiliates. This critical information provides transparency about the brand's financial stability and management. For more details, refer to Item 4 of the Franchise Disclosure Document (FDD).

Franchisor Assistance

Learn about Music Go Round's comprehensive support system for franchisees, including initial training programs and continuous operational assistance. Understanding the available resources and support structure is crucial for franchise success. For more details, refer to Item 11 of the Franchise Disclosure Document (FDD).

Frequently Asked Questions
Disclaimer

The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

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