Moree, New South Wales 2400
$220,000 + SAV
Key Features
AI generated. Contact seller to confirm.
- Lotto commissions contribute $233k annually
- Extensive retail stock of cards and gifts
- Traditional agency lines: magazines and newspapers
- Located in Balo Square Shopping Centre with Coles
- Good road, rail and daily flight connections
- Serves Moree community of over 8,000 people
- Turnover: $233,000
- Net Profit: Not disclosed
- Rent/Lease: Not disclosed
- Stock Value: Not disclosed
- Established: Not disclosed
Business Details
Business Category Newsagency
The big contributing income is the Lott, it contributes close to a quarter of a million dollars, yes that's $233k commissions net of charges annually.
The current 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.
Moree 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 Shopping Centre boasts nine specialty stores as well as Coles and KHub.
For discussion and Business Profile please contact:
Graeme Day XXXXXXXXXX or Jacqueline Rossiter XXXXXXXXXX .
What's Nearby
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This business is somewhat unique and has no similar competition in this region, category or price bracket.