Music Go Round franchise
A Music Go Round franchisee buys and sells used and new musical instruments, amplifiers and related equipment. At the end of 2025 there were 35 Music Go Round locations in the US, all franchised.
- Cost to open
- $335K–$444K
- Franchise fee
- $25,000
- Royalty
- 4%
- Locations, 2025
- 35−2 in 1 yrs
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Company snapshot
- SBA loans
- On the SBA Franchise Directory
From WINMARK CORPORATION’s 2026 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
How much a Music Go Round franchise costs
Opening one store costs an estimated $335,300 to $443,700. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: WINMARK CORPORATION, 2026 filing, page 17
Music Go Round franchise fee
The franchise fee is $25,000. You pay it when you sign the franchise agreement.
Source: WINMARK CORPORATION, 2026 filing, page 12
Royalty and ongoing fees
| Royalty | 4% of gross sales as a continuing fee, paid weekly. |
|---|
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: WINMARK CORPORATION, 2026 filing, page 13
Sales and earnings
Shares figures Music Go Round publishes sales or earnings figures for its locations: 2025 sales and gross profit for reporting stores; gross profit excludes operating expenses. The full tables, with notes on which locations are counted, are in its filing.
Source: WINMARK CORPORATION, 2026 filing, page 42
Locations opened and closed
| Year | Franchised | Company-owned | Closed |
|---|---|---|---|
| 2023 | 37 (0) | 0 | – |
| 2024 | 34 (−3) | 0 | – |
| 2025 | 35 (+1) | 0 | 2 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
Source: WINMARK CORPORATION, 2026 filing, page 48
How Music Go Round compares
Of the 36 retail franchises on this site, Music Go Round is the 23rd cheapest to open and the 29th largest by number of locations.
| Measure | Music Go Round | Typical retail |
|---|---|---|
| Cost to open, low end | $335K | $242K |
| Royalty | 4% | 5% |
| Closed or left per year | 5.9% | 4.6% |
| Change in franchised locations, 1 yrs | −5.4% | +5.2% |
| Shares earnings figures | Yes | 33 of 36 |
Typical is the median across the 36 brands in retail franchises.
