Music Go Round

$MGRSF500 #501
CategoryRetail
SubcategoryMiscellaneous Retail Businesses
Locations35
Franchisee Count40
Franchise Fee$25,000
Item 7 Low$335,300
Item 7 Midpoint$389,500
Item 7 High$443,700
Royalty Fees4% of your “Gross Sales”
Ad / Brand Fund3%
Sold Not Open3
ParentWinmark Corporation
Founded1988
Completeness34/34 (100%)
Years in Business37
Began Franchising1994
HQMinneapolis, MN
Executives14
LinksWeb
Main Phone(763) 520-8500
FDD IssuedMarch 16, 2026
Last UpdatedAug 24, 2026
FDDs2026 · 2025 · 2024 🔒
Franchisor

Winmark Corporation franchises Music Go Round® retail stores that sell quality used and new musical instruments, speakers, amplifiers, music-related electronics and related accessories. The franchise emphasizes consumer value by offering quality used merchandise at substantial savings and purchasing customers' used goods.

Franchisees must install a POS System purchased through Winmark, which includes a Business Server, register stations, and various peripherals, with initial costs ranging from $18,800 to $22,700. A monthly Software Fee of $295 is required for ongoing maintenance and updates.

Winmark Corporation franchises Music Go Round® retail stores that sell quality used and new musical instruments, speakers, amplifiers, music-related electronics and related accessories. The franchise emphasizes consumer value by offering quality used merchandise at substantial savings and purchasing customers' used goods.

Read Music Go Round’s complete March 16, 2026 Franchise Disclosure Document — plus 2 prior years on file. Founder level — $19/mo — also unlocks Item 19 revenue, financial strength and unit trajectory across all 3,850 brands on FranDeals.

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The 7-Eleven Charge is the continuing royalty payment you must pay us for your license to use the 7-Eleven service mark, the 7-Eleven System and trade secrets, your lease of the store and 7-Eleven Equipment from us or an affiliate and the continuing services we provide. + 1%
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