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Music Go Round

A Passionate Community with a Proven Track Record […]

Interested in Franchise ownership?

Franchise Costs and Requirements

Franchise Details

Year Established: 1986
Category Locations: Retail
Available Ownership Type: Owner Operator- Full Time Job, Executive- Hire a team to run one office.
Corporate HQ City: Minneapolis
Corporate HQ State: MN
Investment Range: $275,000
Canada Franchising: Yes
Latin America Franchising: Yes
India Franchising: Yes
Franchise Fee: $25,000
Royalty Percentage: 4% gross rev.%
Veteran Discount: Yes
E2/EB5 Visas: Yes
Master Franchise Opportunities: Yes

Background

Want to Own a Music Store? Discover Music Go Round Franchising!

A Passionate Community with a Proven Track Record

Music Go Round is more than just a music store – it's a place where musicians and music lovers come together. They've been helping people buy, sell, and trade musical instruments for over 40 years, making them the world's largest reseller of used musical equipment. Now, you can be a part of this thriving community by opening your own Music Go Round franchise!

With over 130 stores across the US, Music Go Round has a strong business model and a passionate customer base. This means a steady stream of customers and instruments, ensuring your success. As a franchise owner, you'll join a network of like-minded individuals who share your passion for music, providing support and collaboration.

A Wide Variety of Instruments for Every Musician

Music Go Round caters to musicians of all levels and styles. Whether you're a seasoned professional looking for a vintage guitar or a beginner searching for your first affordable instrument, you'll find it here. They have a vast inventory of guitars, drums, keyboards, DJ equipment, pro sound gear, and more – always changing to meet the needs of their diverse clientele.

This wide variety of instruments attracts a broad range of customers, boosting your potential sales and helping you reach a wider market.

Comprehensive Support for Your Franchise Journey

Music Go Round provides you with everything you need to succeed. They offer extensive training and ongoing support in all aspects of running your store, including marketing, inventory management, sales, and customer service. Their proven operating systems and strong brand recognition give you a head start in the competitive music retail market.

With the average Music Go Round franchise generating over $1 million in annual sales, the potential for success is clear.

Ready to Make Music and Make Money?

If you're passionate about music, have a knack for business, and want to be your own boss, then Music Go Round might be the perfect franchise opportunity for you. They offer a supportive community, a proven business model, and the potential to make a real difference in your community.

To learn more about Music Go Round franchising, visit their website or contact them directly. With a little research and a lot of passion, you could be on your way to owning your own successful music store!

Support & Training offered by Music Go Round

Become a Music Go Round Franchisee: Comprehensive Support & Training

Start Your Music Retail Business with Confidence: Music Go Round Offers Extensive Franchise Support

Music Go Round isn't just about selling used instruments, it's about providing the tools and resources you need to succeed. Whether you're new to the music retail world or a seasoned entrepreneur, their franchise program offers comprehensive support and training designed to help you launch and grow your business.

Pre-Opening Support: Get Ready to Open Your Doors

Music Go Round's 5-day New Franchisee Orientation Training (NFOT) will set you up for success from the very beginning. Here's what you can expect:

  • Business Plan Development: Learn how to create a solid 3-year plan that attracts financing and positions you for long-term growth.
  • Real Estate Expertise: Get guidance on finding the perfect location, negotiating your lease, and setting up your store.
  • Vendor Connections: Music Go Round connects you with their network of preferred vendors for equipment, technology, and other essential business services.
  • Retail Management Fundamentals: Gain a solid understanding of the operational aspects of running a successful retail franchise.

Post-Opening Training: Mastering the Art of Music Retail

Once your doors are open, Music Go Round continues to support you with 5+ days of intensive training, covering key areas like:

  • Sales & Customer Service: Learn proven techniques to close deals, build customer loyalty, and provide exceptional service.
  • Marketing & Advertising: Discover effective strategies to reach your target audience and attract new customers.
  • Inventory Management & POS Systems: Master the point-of-sale system, inventory management techniques, and pricing strategies.
  • Staff & Financial Management: Develop skills in staff training, payroll, budgeting, and financial reporting.
  • Instrument Evaluation & More: Expand your knowledge with training on instrument evaluation, effective marketing campaigns, and best practices for specific product categories.

Ongoing Support: A Long-Term Partnership for Success

Music Go Round's dedication to franchisee support doesn't end after training. You'll have access to a wide range of resources and guidance to help you grow your business:

  • Regional Field Consultants: Get expert advice and problem-solving assistance from experienced professionals in your region.
  • Webinars & Online Resources: Continuously expand your knowledge with online training materials, modules, and live webinars on various topics.
  • National Conventions & Conferences: Network with other franchisees, share best practices, and learn from industry leaders at annual events.
  • Marketing & Advertising Support: Benefit from Music Go Round's national marketing campaigns and strong brand recognition.
  • Technology & Operational Support: Get assistance with point-of-sale systems, inventory management tools, and other operational platforms.
  • Purchasing Power & Supplier Relationships: Leverage Music Go Round's established relationships with major suppliers for advantageous pricing and product availability.

Music Go Round Franchise: Your Path to Success in Music Retail

Music Go Round is more than just a franchise opportunity. It's a partnership committed to helping you achieve your entrepreneurial goals. With their comprehensive support, training, and resources, you'll be equipped to build a thriving music retail business.

Additional Information

Category Location Retail
Number of Units Open
Investment Range $275,000 - $300,000
Master Franchise false
Home based franchise YES
Item 19 Franchise YES
Veteran Discount YES
Franchise Opportunities in Canada YES
International Franchise Opportunities
E2/EB5 Visa Franchise YES
The Franchise Yellow Pages (FYP) is an internationally recognized franchise information site. FYP supports business owners through the process of identifying and investing in franchise businesses. FYP showcases thousands of franchise brands for educational purposes. We do not represent all franchises listed here. By clicking on “Request Free Information” and “Request a Consultation,” you are agreeing to be contacted by a Franchise Consultant to discuss franchise ownership.
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