Balo Square Newsagency Moree - $280k + SAV
Balo Square Newsagency Moree - $280k + SAV
Industry :
RetailSub Industry :
Newsagency/TattsMoree is located in the north - west region of NSW approximately 630 km north of Sydney and 480 km south of Brisbane located on the banks of the Mehi River an area rich in black soil especially good for agriculture. It has a population of over 8,000 people as of 2024.
Modern industry, agriculture, cotton growing, and other crops are a substantial part of Moree's fame and fortune and has been since the early 1960's. The pecan nut industry is also a main earner for the town.
Part of Moree's non - agricultural success is the artesian hot spring baths where many come for their reputed healing qualities.
Road services via Newell and Gwydir Highways meet in the town. Moree has a daily train service as well as daily flights from Sydney.
Balo Square boasts nine specialty stores as well as Coles and KHub.
The present owners of the Balo Square Newsagency have presented the store with an incredible amount of retail stock -especially social expression- Cards Gifts -Stationery as well as traditional agency lines such as magazines and newspapers.
To close the story, the big income is the Lott, yes, it is a major contributor of almost a quarter of a million dollars, yes that's $247k commissions net of charges annually.
For discussion and Business Profile please contact:
Graeme Day 0407 206 016 or Jacqueline Rossiter 0421 890 777.
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$280,000 + SAV
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