Music Go Round
Retail & Consumer Goods · Specialty Retail
- Active units
- 37
- Avg unit volume
- $1.3M
- Royalty
- 4.0%
Franchised, year-end 2023
of weekly Net Sales
About Music Go Round
Music Go Round is a leading retail brand specializing in the buying and selling of quality used musical instruments and gear. Established over 30 years ago, the company prides itself on offering excellent value to musicians of all levels. With a simple and transparent process, customers can bring their used gear to any Music Go Round location, where certified buyers evaluate the items and make fair market offers, allowing for immediate payment or trade-in options. The extensive product range includes band instruments like saxophones, trumpets, and flutes; a variety of drums and percussion instruments; and a wide selection of guitars and keyboards. Additionally, they offer accessories, pro sound and recording equipment, and music books. Each item is meticulously tested to ensure top quality, making Music Go Round the go-to destination for musicians seeking both current and vintage gear. With independently owned stores staffed by passionate musicians, the brand is committed to providing a convenient and rewarding shopping experience.
Key terms
- Franchise fee
$25k
- Second/subsequent store or existing Winmark franchisee
Initial Franchise Fee is 15000 for a second or subsequent store or if you are an existing franchisee of one of Winmark’s other franchised concepts.
- Brand fund
1500.0% of Net Sales
- Local advertising
5.0% of Net Sales
- Footprint
3,000 – 4,000 sq ft
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2024, 2026.
Growth
- Total locations34
Franchised units open at year-end
- New openings0
Gross new units opened during the calendar year
- 1-year unit growth rate-8.1%
Net unit growth versus prior year
- 3-year unit CAGR-4.1%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$1.5M
Item 19 cohort year 2025
- Annual unit volume (25th percentile)$841k
Gross Sales means all revenues received from the sale of goods and services in connection with the Store, less sales tax and customer refunds and returns.
- Annual unit volume (75th percentile)$2.3M
Gross Sales means all revenues received from the sale of goods and services in connection with the Store, less sales tax and customer refunds and returns.
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$390k
Midpoint of estimated initial investment range
↓ Lower is better - Time to open11 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate4.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio4.0×
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 3 of 3 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.