The beloved acoustic and folk music chain aims to collect £ 190,000 in order to secure their future and invest in growth, with the support of none other than Sir Paul McCartney.
Hobgoblin Music, the best-known family business chain in Great Britain, has started its first crowdfunding campaign to keep and bloom the presence of the main street.
The campaign, which is now open for early access via Crowdcube, is intended to collect 190,000 pounds in exchange for a shares in 9.5%. The funds collected are used to quickly store products, high margin products, which, according to the company, lead to a sustainable increase in profit margins and contribute to preserving personal music trade throughout the UK.
Hobgoblin Music has now built up a loyal customer base in the 50th year of trade, which focuses on acoustic and popular instruments, practical service and a permanent commitment to local music communities. In a sector in which inpatient music transactions have decreased sharply, Hobgoblin continues to operate nine shops in cities, including London, Leeds, Bristol, Brighton, Birmingham and Edinburgh, supported by a central warehouse and a national mail order business.
The company is headed together by Nicola Rain, Executive Director and daughter of founders Pete and Mannie McClelland. She said: “I have been immersed in this business as long as I can remember and I am so proud of what my parents have built up. The experience of visiting a music business and benefiting from the specialist knowledge of other musicians cannot be replaced by online shopping opportunities. We are determined to keep music shops alive, and believe that the country would be poorer without them.”
Hobgoblin music has received a sounding confirmation from none other than Sir Paul McCartney who praised the team in his London shop: “I have a lot of favorite music shops that I like to enter, but my favorite Hobgoblin music London may be so helpful and friendly, and we always laugh.
The business, founded in 1976, started as a market stand after Pete and Mannie McClelland discovered a gap in the market for difficult and unusual instruments. From a barn-based shop to a nationwide chain, Hobgoblin has developed to a central center for musicians across Great Britain to support over 50 employee-all active musicians and the music from base through sponsoring, live events and folk festivals.
Despite strong online growth, Hobgoblin remains committed to his physical business, which offer tactile, haunting experience that is essential to try out new instruments from Irish bouzoukis to Sitar, hammer dulcimer to mandolins.
Nicola Rain added: “It is an important part of the musical journey.
In order to take part in the fundraiser, supporters must register on Crowdcube. The entries close on June 16, 2025.
You can find more information at hobgoblinmusic.co.uk or the hobgoblin music crowdcube campaign page.