Music Go Round vs Children's Orchard Franchise Comparison

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

Start-Up Costs and Fees
 
Music Go Round Franchise
Children's Orchard Franchise
Investment $294,900 - $366,900$174,700 - $326,500
Franchise Fee $15,000 - $25,000$25,000
Royalty Fee 3%4%
Advertising Fee -$2K/yr
Year Founded 19861980
Year Franchised 19941985
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K$3K


Business Experience Requirements
 
Music Go Round Franchise
Children's Orchard Franchise
Experience
  • Industry experience
  • General business experience

  • Customer service experience
    		•

    Financing Options
     
    Music Go Round Franchise
    Children's Orchard Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/Yes
    Start-up Costs No/NoNo/Yes
    Equipment No/YesNo/Yes
    Inventory No/NoNo/Yes
    Receivables No/NoNo/Yes
    Payroll No/NoNo/Yes

    Training & Support
     
    Music Go Round Franchise
    Children's Orchard Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperativesNewsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
    Marketing Co-op advertising, Ad slicks, Regional advertisingCo-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)

    		 15.6% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 2

    Absentee ownership of franchise is NOT allowed. (98% of current franchisees are owner/operators)

    Expansion Plans
     
    Music Go Round Franchise
    Children's Orchard Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion NoNo

    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 Children's Orchard

    Former flight attendant Karen Lynch opened the first Children's Orchard store in 1980. Each store buys and sells used children's clothes, toys and other items, selling them for 50 to 80 percent less than retail. The first Children's Orchard franchise opened in 1985, and it now has locations across the United States.
    At Children’s Orchard we believe we can be the difference in the world. By recycling and reusing current kids gear we are creating a sustainable lifestyle that you will be proud to be a part of. You can find like new children’s clothing, shoes, accessories, toys and equipment at up to 70% off mall store prices. All of items are gently loved, and actually like new. We pay you cash on the spot for your children’s gear and buy items that are in good condition and are current styles.
     
    Veteran Incentives  $2,500 off franchise fee