Kinmont Park / Otago

Specialist Manufacturer & Install

Web Ref #36285
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Particulars

Address:
Kinmont Park
Price:
$250,000 incl. stock
Listing ID:
36285
Category:
Manufacturing

Kinmont Park - $250,000 incl. stock

Seddon's Fibrous Plasterers is a specialist manufacturer and installer of high end fibrous plaster, with a reputation dating back to 1953 and work featured in many of Dunedin and Otago's landmark buildings.

This is the team behind the detail at Dunedin Railway Station, Larnach Castle, the Regent Theatre, Town Hall, Otago University buildings, Dunedin Casino, the Municipal Chambers and the $11M Earnscleugh Castle project from Grand Designs. When architects, builders or homeowners want character plasterwork, Seddon's is on the shortlist.

From a buyer's perspective:
• Ready to step into: Purpose designed Mosgiel premises with showroom, office and manufacturing, plus established systems and workflows.
• Asset backed: Approx. $150,000 of plant and equipment and around $50,000 stock included in the price.
• Hard to replicate capability: In house manufacture and installation of fibrous plaster - cornices, ceiling roses, columns, arches, curves, domes, mouldings, capitals, brackets, light wells and custom restoration profiles.
• Diverse demand: Work from commercial contractors, builders and homeowners across heritage restorations, premium renovations, extensions and new builds.
• Team and transition: Skilled staff in place. Owner works around 30 hrs per week and can support a structured handover.

Businesses with this level of heritage and visibility are rare. If you want to own the brand behind some of the country's most distinctive plasterwork - and use that platform to grow - this is worth a serious look.

Contact Ricky today on 0274 181 889 for the information memorandum.

Price $250,000 incl. stock

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Particulars

Address:
Kinmont Park
Price:
$250,000 incl. stock
Listing ID:
36285
Category:
Manufacturing
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