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| Brand | Music Go Round Retail Remove |
|---|---|
| Vitals | |
Investment range | $335K – $444K |
Liquid capital | $40K – $50K |
Franchise fee | $25K |
Royalty rate | 4.0% |
Ad fund rate | 3.0% |
| Performance | |
Avg gross sales | $1.6M |
Median gross sales | $1.4M |
Avg owner earnings Metric varies by brand. Check type below | $147K |
Earnings metric | Gross Margin |
| Risk | |
Rating | BAbove Average |
Risk score | 55 / 100 |
SBA charge-off rate | 23.3% |
SBA loans on record | 49 |
| Scale | |
Total units | 35 |
Net change (latest yr) | N/A |
Turnover rate | 5.7% |
| Contract | |
Initial term (years) | 10 |
Renewal term (years) | 10 |
Initial training (hrs) | 60 |
| Contacts | |
Franchisee phones | 43 |
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