Music Go Round vs Style Encore Franchise Comparison

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

Start-Up Costs and Fees

 
Music Go Round Franchise
Style Encore Franchise
Investment $294,900 - $366,900$264,200 - $398,400
Franchise Fee $15,000 - $25,000$25,000
Royalty Fee 3%5%
Advertising Fee --
Year Founded 19862013
Year Franchised 19942013
Term Of Agreement 10 years10 years
Term Of Agreement 10 years10 years
Renewal Fee $5K$5K


Business Experience Requirements

 
Music Go Round Franchise
Style Encore Franchise
Experience
  • Industry experience
  • General business experience
  • To be a successful Style Encore franchisee requires proper capitalization, hard work and people skills. It isn't for everyone. While having knowledge of fashion is helpful, our comprehensive training program will provide you with the tools and skills you need to be successful. If you are motivated, organized, enjoy working with the public, and can diligently follow our proven system, you are a good candidate for a Style Encore franchise.


    Financing Options

     
    Music Go Round Franchise
    Style Encore Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/-
    Start-up Costs No/No-/Yes
    Equipment No/Yes-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/-
    Payroll No/No-/-

    Training & Support

     
    Music Go Round Franchise
    Style Encore Franchise
    Training -

    Winmark provides over 75 hours of classroom instruction and in-store training on the following: business plans, retail site selection, store set-up, computer training, advertising and marketing, and store operations. Our computer support center offers access to technicians who provide assistance with hardware, software and operational questions seven days a week.

    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 Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
    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
    Style Encore Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    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 Style Encore

    Thank you for your interest in becoming a member of the Style Encore franchise family. Style Encore offers a truly unique retail franchise opportunity, as it is the newest brand to the Winmark family. Winmark is the top re-sale franchisor in the country, with a proven track record - over 965 successful small businesses operating in North America. Style Encore joins the current industry top brands such as Plato's Closet, Once Upon A Child, Play It Again Sports and Music Go Round. Style Encore rounds out the rest of the Winmark family by specializing in buying and selling gently-used casual and business apparel and accessories for women in their late 20's to mid 50's. Women like to have trendy, fashionable pieces in their closet for every occasion. Style Encore gives them the resource to sell items that they no longer wear, get paid cash on spot, and purchase new items at a tremendous value - at up to 50-70% off regular retail! Making the decision to be your own boss and be in control of your future is an exciting adventure, and we appreciate being considered in your business search. If you have a passion for fashion, interacting with customers, recycling product, or simply excited about learning how you can build a business for yourself, Style Encore may be the business for you!