Music Go Round Franchise Opportunities

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Own Your Own Ultimate Used Gear Resource!

Are you passionate about music? Plugged into your local music scene? Know how to talk gear and craft with your fellow musicians? If so, then you're already like the many Music Go Round franchisees who have helped establish our brand as the world's largest seller of used musical equipment and gear!

Our Music Go Round brand has occupied a unique space in this $8 billion dollar industry where musicians can not only buy high-quality, gently used equipment, but also sell the gear they aren't using anymore and get paid on the spot. From beginners looking for an affordable first instrument to seasoned pros looking for the latest find among our unique and ever-changing inventory, musicians everywhere have come to rely on Music Go Round for all their new and used instrument and equipment needs!

Music Go Round Franchise Background

Established: 1988
First Unit Franchised: 1994
Franchised Units: 35
Company Owned Units: 0
States Registered In: All
Canada Franchises: Yes
International Franchises: No

Music Go Round Franchise Training

Financial Assistance Provided: Yes
Site 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

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