CeX is one of Britain's best-known second-hand technology retailers, buying, selling and swapping games, phones, computers and entertainment media on the high street. For entrepreneurs looking at retail franchising, the brand offers a rare proposition: a circular-economy business model built on trade-ins rather than new stock, with more than three decades of trading history behind it.
Franchise · Retail
CeX Franchise
Britain's buy-sell-exchange tech retailer, franchising since 2005 across the UK, Ireland, Spain and Portugal
What it's about
- Founded
- 1992
- Locations
- Several hundred stores across the UK and internationally
- Type of business
- Second-hand electronics, games and entertainment media retail
- Company
- C.E.X. Limited
Fact sheet
The right questions before you start
How the CeX buy-sell-exchange format works
Founded in 1992 in London as Computer Exchange, CeX (short for Complete Entertainment Exchange) built its reputation on a simple retail loop: customers bring in used electronics and media, receive cash or credit, and those items are refurbished, tested and put back on shelves at a discount. This exchange-based model reduces reliance on wholesale purchasing and creates a distinctive, repeat-visit customer base. Stores typically stock games consoles, smartphones, laptops, tablets, films and consumer electronics, appealing to bargain hunters and tech resellers alike.
Why the CeX network appeals to prospective franchisees
CeX has offered franchise licences since 2005, giving the brand two decades of experience in supporting partners outside its own directly operated estate. The company reports several hundred stores across the UK and further outlets internationally, spanning countries including Ireland, Spain, Portugal, Italy, Poland, the Netherlands, Australia, India and Mexico. Financial filings referenced for 2023 show the group growing, with net profit up by roughly £4.15 million, total assets up by around £15.23 million, and headcount rising to about 2,633 employees. For a prospective operator, this points to a financially resilient franchisor with an established retail footprint and ongoing expansion appetite, both through single-unit franchising and master franchise agreements in new territories.
Who CeX looks for in a franchise partner
While CeX has not published detailed public criteria on candidate profiles, its recruitment messaging makes clear it is actively seeking unit franchisees across the UK, Ireland, Spain and Portugal, alongside master franchise partners for other regions. This suggests the brand welcomes both individual retail operators wanting a single store and more experienced multi-unit or regional partners capable of overseeing wider territories. Given the operational nature of the format — handling stock intake, grading, refurbishment and till operations — candidates with retail management experience, comfort with tech products, and the ability to run a customer-facing team are likely to be well positioned, though CeX itself has not confirmed formal prerequisites in the sources reviewed.
Investment conditions and costs to budget for
CeX has not published specific figures for entry fees, total investment, ongoing royalties or minimum shop-floor size through the sources available for this profile. This does not mean the format is costly or inaccessible — many established UK retail franchises keep such figures for direct discussion with qualified applicants — but it does mean prospective franchisees should treat any numbers seen on third-party listing sites with caution and request confirmed figures directly from CeX's franchising team before making any commitment. What is confirmed is that the franchise programme has been running since 2005 and remains open for new applications in several markets.
Key facts about the CeX franchise
- Founded in 1992 in London as Computer Exchange, now trading as CeX
- Franchise licensing has been offered since 2005
- Buy-sell-exchange retail model covering games, phones, computers and electronics
- Hundreds of stores across the UK, with further outlets in Ireland, Spain, Portugal, Italy, Poland, the Netherlands, Australia, India and Mexico
- Reported 2023 net profit growth of approximately £4.15 million
- Unit franchise opportunities currently open in the UK, Ireland, Spain and Portugal, plus master franchise deals globally
If the circular retail model and CeX's long-standing high-street presence appeal to you, the next step is to contact the brand directly to request up-to-date figures on investment, fees and support, and to discuss whether a unit franchise or master franchise route suits your goals.
How much does it cost to open a CeX franchise?
How does the CeX franchise business model work?
What are the requirements to become a CeX franchisee?
Does CeX provide training and support to franchisees?
How many CeX stores are there in the UK and worldwide?
Sources and data verification
The figures on this page come from the following sources:
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