Question 1

How much does it cost to open a Music Go Round franchise?

Accepted Answer

The total initial investment for a Music Go Round franchise ranges from $337K to $431K, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Music Go Round franchise fee?

Accepted Answer

The initial franchise fee for Music Go Round is $25K.

Question 3

What are the net worth requirements for a Music Go Round franchise?

Accepted Answer

Net worth requirements for Music Go Round are specified in the Franchise Disclosure Document.

Question 4

Does Music Go Round require a personal guarantee?

Accepted Answer

Yes, Music Go Round requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Music Go Round franchise?

Accepted Answer

Equipment costs for a Music Go Round franchise range from $25K to $35K. Initial inventory costs range from $120K to $130K.