Start Your Own Music Go Round Franchise!
Music Go Round Franchise For Sale
Home >
Franchises >
Music Go Round
Own Your Own Ultimate Used Gear Resource! >> Get Your Free Info About Music Go Round << Music Go Round Franchise BackgroundEstablished: 1988First Unit Franchised: 1994 Franchised Units: 35 Company Owned Units: 0 States Registered In: All Canada Franchises: Yes International Franchises: No Music Go Round Franchise TrainingFinancial Assistance Provided: YesSite Selection Assistance: Yes Lease Negotiation Assistance: Yes Recruiting Assistance: N/A Co-Operative Advertising: Yes Training: Winmark conducts its 2-part training program at Winmark’s training center in Minneapolis. The training program is typically offered 11 times per year. The first session of the training program, New Franchisee Orientation Training (NFOT), covers several aspects of management and operation of a franchised retail business, including real estate matters, business plan development, buying used and new products, Winmark’s service vendor program and other topics Winmark may select. The first session will take place over a period of 5 days. At NFOT, you will be required to participate in an online financial management course conducted by Winmark’s third party vendor. This course will educate you on how to understand your financial statements and utilize the information to build your business. The second session of the Music Go Round® training program, Concept Training, is attended when financing, lease and the online financial training program are complete. It is conducted over a period of at least 5 days and will include instruction on sales, customer service, marketing, advertising, computer operation and store inventory, staff and financial management, as well as topics Winmark may select. Other Info: System Average Gross Sales: $944,094 (2016)* Top Quartile Average Sales: $1,567,730 (2016)* Top Quartile Average Gross Profit: $743,823 (2016)* Our extensive training to get them ready to navigate the industry Our ongoing operations and marketing support from our team of experienced professionals Our dynamic proprietary point of sale system that helps with buying and pricing our merchandise Cloud-based reporting solution that helps owners manage their business even when they are not in the store Our commitment to franchisees who are engaged with their local community Our willingness to work with family teams and first-time franchisees Our powerful franchise infrastructure aimed at growing our businesses Our prominence as a the largest resale franchisor in the marketplace |
