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Great store and a great location
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asking price
$
120,000
gross sales
$
640,146
cash flow
$
NDA Required
employees:
5
founded:
2014
About
The Music Go Round in Colorado Springs, CO could be the opportunity for you! The great reputation in the community creates a wonderful opportunity for a buyer. The inventory is not included in the asking price. Inventory value is currently around $145,000 at cost.
At Music Go Round®, music literally does make our world go round! For our customers, music is an
integral part of their life, whether they are serious musicians still gigging or just starting up on their first
band instrument. They rely on us for best-in-class customer service, product knowledge and news on
the local music scene. Our relationship is built on trust – the confidence they put in us to help them
make the right decisions on the right instrument for their talent level. We are not just another musical
instrument shop. We are a community-based marketplace that buys from and sells to our customers
every day. So integrity, honesty and character are critical components to your success.
Our mission is to continue to deliver high-quality used and new merchandise in a fun and
convenient environment, while doing good for our world as well. Many of our owners are musicians
themselves, and they take great pride in their role in the local community of musicians, helping
to recycle the instruments and the stories that go with them to their customers.
At Winmark®, our franchisees’ success is paramount to our own success, and we protect those
investments in our brands as if they were our own. We appreciate the confidence our franchisees have
placed in our brands, our support and our systems, and we work diligently every day to continue to
improve upon our past successes. We understand you have many options to invest your hard-earned
money, and we take our role as your financial stewards very seriously.
Franchisor
At A Glance
Founded: 1988
Locations: 34
Initial Investment: 268K - 342K
Headquarters: Minneapolis, MN
Music Go Round
Consumers spend roughly $8 billion dollars a year on musical instruments and equipment. With our Music Go Round brand, Winmark® has proven that there is a substantial appetite in that marketplace for affordable, quality used instruments that keeps musicians of every skill level practicing and performing their craft. Our company has spent decades pioneering the "ultra-high-value" retailing niche and now brings a robust, high-quality retail-resale experience to music communities all over North America.
Music Go Round is part of a franchise system that has been supporting unique retail franchise opportunities since 1988. If you don’t have a retail background—don’t worry! Most of our new franchisees do not come from retail, which is why our experienced training team is so important. The first thing you’ll notice about our team is the excitement and passion they bring to the training process.
At Music Go Round, customers can:
• Get paid on the spot for their quality used gear
• Access affordably priced new and used instruments, pro sound equipment, and more
• Enjoy remarkable discounts on vintage and like-new items
• Shop our online catalog that encompasses our entire network of stores
• Sell us items and immediately turn their cash around toward a purchase
• Experience a clean, highly curated retail/resale space
• Rely on staff and managers who are knowledgeable and passionate about music and are musicians themselves Reuse. Recycle. Rock.
Roughly speaking, about 60% of our inventory is guitar-focused. However, because we're buying new music gear every day, our inventory continues to excite and accommodate musicians and sound professionals of every stripe. When customers can't find what they're looking for at their local store, they can check the 50,000+ items on our e-commerce storefront and enjoy the same incredible quality and prices.
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Location
410 W Fillmore St
Colorado Springs, Colorado 80907
United States
Request More Info
First name *
Last name *
Your phone *
Your email *
Your message *
Send me more information from these Trusted Sources:
Benetrends FinancialFunding Your Business. Fueling Your Growth.
FranFundGet the funding you need for your franchise from an experienced financial partner.
All Music Go Round Resales
Music Go Round Monroeville, PAGreat store in a great location!$135,000 - PennsylvaniaView Full Listing
Music Go Round Greensboro, NCMusic Store For Sale!$445,000 - North CarolinaView Full Listing
Music Go Round San Antonio, TXUsed Musical Instruments$239,000 - TexasView Full Listing
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