Music Go Round vs Other Mothers Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Music Go Round vs Other Mothers including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Music Go Round Franchise
Other Mothers Franchise
Investment $294,900 - $366,900$140,176 - $202,176
Franchise Fee $15,000 - $25,000$24,999
Royalty Fee 3%-
Advertising Fee --
Year Founded 1986-
Year Franchised 1994-
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
Music Go Round Franchise
Other Mothers Franchise
Experience
  • Industry experience
  • General business experience

    • Owner/operators or investors with solid operators in mind who possess the following: Ability to learn, yet follow a proven system. Financial capability. A belief in OTHER MOTHERS\TRENDY TRADES to provide highest quality possible for price that moves the merchandise quickly and allows the owners to make their profits in high-volume rather than high prices. A passion for providing merchandise in a clean and friendly store with the look and feel of a new store.


    Financing Options
     
    Music Go Round Franchise
    Other Mothers Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/-
    Equipment No/Yes-/-
    Inventory No/No-/-
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support
     
    Music Go Round Franchise
    Other Mothers Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, Regional advertising-
    Operations 10% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 3

    Absentee ownership of franchise is NOT allowed. (95% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    Music Go Round Franchise
    Other Mothers Franchise
    US Expansion --
    Canada Expansion No-
    International Expansion No-

    Company Overviews

    About Music Go Round

    In 1986, Bill Shell opened Hi Tech Consignments Inc., a Minneapolis-area buyer and seller of new and used musical instruments, gear and equipment. Seven years later, after the company was purchased by Winmark (formerly Grow Biz), it changed its name to Music Go Round. Music Go Round stores buy, sell, trade and consign new and used musical products. Winmark also franchises Once Upon A Child, Plato's Closet, and Play It Again Sports. Fill in form below for free consultation.

    About Other Mothers

    Being in a business that fulfills one of these basic needs can mean job security. Fulfilling that need well means success. An Other Mothers franchise can help you own a business that resells a wide selection of quality used and new children's and women's clothing, baby furniture and toys at prices that are 50 to 80% less than their retail price. People want to keep their growing children in clothes that look great without having to pay a high price for new clothes. Other Mothers' customers love being able to immediately get either exchange credit or cash for items their children have outgrown. Our stores, with their distinctive decor, have the look and feel of upscale stores that carry new clothing, but don't have "new" store prices.
     
    Veteran Incentives:  10% off franchise fee