Once Upon A Child vs Music Go Round Franchise Comparison

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

Start-Up Costs and Fees
 
Once Upon A Child Franchise
Music Go Round Franchise
Investment $254,700 - $396,600$294,900 - $366,900
Franchise Fee $25,000$15,000 - $25,000
Royalty Fee 5%3%
Advertising Fee $1K/yr.-
Year Founded 19841986
Year Franchised 19921994
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K$5K


Business Experience Requirements
 
Once Upon A Child Franchise
Music Go Round Franchise
Experience
  • General business experience
  • Marketing skills

  • Industry experience
  • General business experience
    		•

    Financing Options
     
    Once Upon A Child Franchise
    Music Go Round Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/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
     
    Once Upon A Child Franchise
    Music Go Round Franchise
    Training On-The-Job Training: 24 hours Classroom Training: 55 hours-
    Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet PlatformNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/appCo-op advertising, Ad slicks, Regional advertising
    Operations Number of Employees Required to Run: 3 - 5 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
     
    Once Upon A Child Franchise
    Music Go Round Franchise
    US Expansion Yes-
    Canada Expansion YesNo
    International Expansion YesNo

    Company Overviews

    About Once Upon A Child

    Founded in 1984 in Columbus, Ohio, Once Upon A Child specializes in selling new and used children's clothes, toys, furniture and equipment. Franchises were first offered in 1992. The company is owned by Winmark (formerly Grow Biz), which also franchises Music Go Round, Plato's Closet, and Play It Again Sports.

    "Entrepreneur      ""

    #110 in Franchise 500 for 2020.
    #233 in Franchise 500 for 2021.








    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.