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FLEXIBILITY

Our franchise structure is built the same way as our lessons; we can actively modulate and adapt the model to anyone, regardless of their background or prior experience. We are proud to say that anyone with passion and drive can join our team and operate a Musicworks Canada store on their own, with a partner, or as an investor with an initial accumulative equity of just $50,000 or more.

TRAINING & SUPPORT

At Musicworks, we are a community that supports collaboration. All of our new franchisees receive ongoing training and support that teaches the necessary skills to operate a successful store. Monthly royalties total 11%, with 3% going towards national marketing and 1% towards local marketing. Based on the franchisee’s budget, we compile data to ensure that the value of our marketing goes far.

STARTUP COST

Our team has put in time and effort to make Musicworks Canada one of the lowest cost franchises in Canada, with a franchise fee of $35,000 and total cost of around $200,000. Having long-term relationships with contractors, marketing teams, bank lenders, corporate real estate representatives, and many more, we’ve built a trusted group of dedicated professionals from many different areas that know our model well and can execute each step in our process quickly and at a reasonable cost.

Franchise Fee$35,000
Location Selection Fee$15,000
Engineering Fee & Permits$10,000 – $15,000
Leasehold Improvement$40,000 – $150,000
Store Signage$1,500 – $12,000
Equipment$10,000
Operating Equipment$1,500
Product Inventory$25,000 – $60,000
Grand Opening$5,000 – $20,000
Total Estimated Start up$143,000 – $318,500

DETAILED ANALYSIS

Every franchisee receives an analysis package that details every relevant statistic of the business, ranging from highly detailed demographics of the proposed areas, a realistic breakeven point, an estimated turn-key cost of a location. We want you to be able to understand every detail of your business so that you can make a confident and educated decisions every step of the way.

PROJECTED GROWTH

Based on our existing store statistics, the breakeven analysis for the new store, and calculations that are done with an algorithm that we’ve created, we are able to determine what the rate of growth may look like for any given location of a store. This gives franchisees an opportunity to assess their risk tolerance, be in control of their timeline, and know exactly what to expect at any given time.

FREEDOM

Our ultimate goal for every franchisee is freedom. Once we have surpassed every milestone in the process – from location selection, to building the store, to reaching the breakeven point – the franchisee has the freedom to choose how they would like to move forward. We support and prepare many options that align with the franchisee’s long-term financial goals and future plans. Opening more stores, selling shares of the existing store, investing in another business, or continuing to grow your store are all areas that we can help with, and we will continue to provide guidance and support along the way. We love to see people realize and fulfill their potential, which is why we work so hard to free up the time and money of our franchisees so that they can continue to pursue their ambitions.

FROM OUR FOUNDER AND CEO:

Join us in connecting and enriching lives through music with your own Musicworks Canada store.

CONTACT US

Join us in connecting and enriching lives through music with your own Musicworks Canada store.

CONTACT US