Computer Renaissance vs Music Go Round Franchise Comparison

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

Start-Up Costs and Fees

 
Computer Renaissance Franchise
Music Go Round Franchise
Investment $134,000 - $205,000$294,900 - $366,900
Franchise Fee $25,000$15,000 - $25,000
Royalty Fee 3-5%3%
Advertising Fee --
Year Founded 19881986
Year Franchised 19931994
Term Of Agreement -10 years
Term Of Agreement -10 years
Renewal Fee -$5K


Business Experience Requirements

 
Computer Renaissance Franchise
Music Go Round Franchise
Experience -
  • Industry experience
  • General business experience

  • Financing Options

     
    Computer Renaissance Franchise
    Music Go Round Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/YesNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/Yes
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support

     
    Computer Renaissance Franchise
    Music Go Round 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

     
    Computer Renaissance Franchise
    Music Go Round Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoNo

    Company Overviews

    About Computer Renaissance

    With constant upgrades to computers in both the hardware and software fields, you can ensure your spot in a highly the innovative computer industry by becoming part of a continuing market demand. No other computer franchise opportunity benefits more from change than here at Computer Renaissance. We are a full service computer retail store specializing in customer solutions ~ quality refurbished and new personal computer hardware, software and related accessories. Our stores also provide custom built computers, system upgrades and superior technical services to its clientele both in-store and on-site. We service both the consumer and the Small to Medium Business customer.Computer Renaissance operates its franchise system in nearly 100 retail outlets throughout the U.S. We are looking to continue growing our franchise system in North America (soon internationally) and are currently seeking qualified professionals with energy, drive and enthusiasm who are capable of using our systems and support to further their own success.Computer Renaissance has been working with entrepreneurs and professionals from various backgrounds to build strong and successful franchises. With almost two decades of experience, we can provide our independent franchises the direction that helps them achieve the goals they have for their business. If you want to be in business for yourself but not by yourself and love technology and helping people, talk to us about the opportunity we have available for you.

    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.