CeX – British Franchise Association (2024)

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CeX – British Franchise Association (2024)

FAQs

How much does a CeX franchise make? ›

The initial investment for a CeX franchise ranges from £150,000 to £250,000, with a minimum investment of £40,000 - £70,000. However, the company estimates that franchisees can expect to generate a return on investment within two years. The average annual turnover for a CeX store is over £1 million.

How successful is CeX? ›

With over 146 stores established worldwide, 133 of which are located in the UK, CeX is quickly becoming an international success.

How many CeX franchises are there? ›

CeX (retailer)
Trade nameCeX
HeadquartersWatford, Hertfordshire, United Kingdom
Number of locations622 (2023)
Key peopleDavid Mullins (Chairman) David Butler (Managing Director)
ProductsElectronics Music Mobile Phones DVDs Blu-rays Ultra HD Blu-rays Video games
7 more rows

What is CeX business model? ›

The CeX business model is based on buying and selling from the same source: its customers.

Do CeX pay well? ›

The average CeX salary ranges from approximately £17,121 per year for Team Supervisor to £62,055 per year for Financial Controller. Salary information comes from 669 data points collected directly from employees, users, and past and present job advertisem*nts on Indeed in the past 36 months.

What is the highest paying franchise to own? ›

Measured by the time it takes to make to recoup your initial investment, the most profitable franchises include:
  • Express Employment Professionals.
  • RE/MAX.
  • Wendy's.
  • Chick-fil-A.
  • Ace Hardware.
  • The UPS Store.
  • Matco Tools.
  • McDonald's.
Aug 15, 2024

Who is CeX owned by? ›

Started by Robert Dudani (Drinking Buddy), Paul Farrington (Gig Buddy), Hugh Man (Zen Buddy), Charlie Brooker (Cynical Student Type Buddy), Oli Smith (Genius Buddy) and Oliver Ball (The Consigliere).

What are CeX weaknesses? ›

Disadvantages of CEX

A few of these demerits can be seen below. Security of their asset: There is a high risk of security issues associated with the CEX platforms since the assets are mainly controlled or stored in the exchange. If there is any security bridge such as hacking, the entire asset may be lost.

How easy is it to sell to CeX? ›

Selling to CeX is fast, friendly and fair. If you're exchanging a Phone or selling anything for cash you need a full CeX membership, which is free. A full membership allows you to sell all items for either cash or credit voucher.

Is CeX in America? ›

CeX is ceasing business in the United States.

What is CeX short for? ›

CeX stands for Complete Entertainment Exchange. CeX was founded in London in 1992. We have stores in the UK, Spain, Ireland, India, Italy, Australia, Portugal, Netherlands, Mexico, Poland, Malaysia and Canarias.

Does CeX still exist? ›

CeX is the UK's biggest second-hand electronics and entertainment specialist. You can buy, sell and exchange your games, phones, consoles, laptops, tablets, computers, electronics & gadgets for cash.

How much to open a CeX franchise? ›

The Capital You'll Require

CeX franchise costs will usually come to a total between £150,000 and £250,000. You will need to invest at least £40,000 of your own capital. This price will cover your stock, shopfitting and so much more.

What is the salary of CeX employees? ›

Average CeX hourly pay ranges from approximately £8.72 per hour for Sales Assistant to £10.48 per hour for Team Leader. The average CeX salary ranges from approximately £20,389 per year for Team Leader to £35,773 per year for Systems Analyst.

How much do CeX make? ›

The average CeX Webuy Entertainment salary ranges from approximately £12,500 per year (estimate) for a Retail Sales Associate to £60,095 per year (estimate) for an IT Team Leader.

How much does CeX make a year? ›

The average CeX Webuy Entertainment salary ranges from approximately £12,500 per year (estimate) for a Retail Sales Associate to £60,147 per year (estimate) for an IT Team Leader.

How much does a franchise owner make? ›

The Average Franchise Owner Salary

Typically, franchise owner salaries can range from $39,000 to well over $200,000 per year. This broad spectrum reflects the myriad factors that influence earnings, including the type of franchise, location, market demand, and the owner's adeptness at managing and growing the business.

How much is CeX worth? ›

Key Financials
Accounts20182021
Cash£4,356,226.00£5,577,640.00
Net Worth£11,564,739.00£17,569,198.00
Total Current Assets£20,625,258.00£21,833,718.00
Total Current Liabilities£8,691,814.00£4,899,144.00

What is the most expensive franchise to own? ›

The NFL's Dallas Cowboys are the most valuable team in the world with a $9.0 billion valuation. The team was purchased in 1989 for $150M by Jerry Jones. Its growth in value was slower at first, but over the past five years, the Cowboys' valuation appreciated by 80%.

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