Urgent Sale: Dean Trailers (in Voluntary Administration)
Business For Sale Bowral, New South Wales 2576
Business Category Engineering Manufacturer
EXPRESSION OF INTEREST
Description
Urgent Sale: Dean Trailers (in Voluntary Administration)
Business ID: XB161257
All offers considered. EOI closes January 15, 2025
Established in 1948, DEAN Trailers has grown from a small farm trailer manufacturer to become an icon in Australian. DEAN Trailers, in addition to agricultural trailers, design and manufacture a diverse range of trailer products including plant, road, custom, tag & pig trailers and truck bodies.
These trailers are manufactured to order using all new materials, parts, wheels & tyres, Australian specified steel and finished in 2 coats of industrial enamel over an etch primer. Parts are purchased through Australian companies/distributors ensuring the highest quality components, as a well as knowing a reasonable expectation of parts will be available in the future.
Stephen Hundy in his capacity as Administrator for Dean Trailers Australia Pty Limited (Administrator Appointed) trading as DEAN Trailers have appointed Xcllusive Business Sales as exclusive sales agent to sell the business as a going concern.
The Director of the Company appointed the Voluntary Administrators due to personal circumstances and continued cash flow restrictions.
The opportunity is for an individual or business within the Trailer/Caravan/Horse Float industry to take over this business as a going concern. The business has:
- Annual Sales of over $1,425,000 in FY2024 and over $1,859,000 from July 2022 to June 2023.
- Products are purpose-built trailers for commercial use.
- Complying with Vehicle Standards Bulletin (VSB 1:2009 revision 6), a standard set out bythe Australian design rules that manufacturers must comply with.
- Trailers are designed, engineered and manufactured in the Southern Highlands NSW out ofsteel to meet the harsh Australian conditions.
- With a nationwide reach and servicing customers who include Large private organisations,Multiple Councils and Government organisations.
- Customers’ orders are for custom-built trailers, delivered within an agreed timeframe.
- Business operates 5 days per week
- Qualified tradespeople employed, supported by 8 employees (e.g.: Production Supervisors,Metal Fabricators, Sales, Admin Assistant, accounts/Payroll) with experience in the day-to-day operation of the business
- Factory/warehouse based in Bowral NSW.
- 1 vehicle UD MK11/280 TRUCK can be included.
The Opportunity
A new owner can acquire the business as a going concern, with potential upside:
- Taking over a portfolio of 20 orders with customers spending over $900,000 in the first 3-4
- months of FY2025 ($250,000 to $ 300,000 per month)Experienced staff to operate the business
- Cost saving from integrating this business into an existing business
- Leverage over 75 years of expertise and reputation
FOR SALE BY EXPRESSION OF INTEREST.
ALL OFFERS WILL BE FORWARDED BY XCLLUSIVE BUSINESS SALES TO THE ADMINISTRATORS FOR CONSIDERATION.
CLOSING DATE: Wednesday January 15, 2025, at 2 PM.
Property Code: 4234
All offers considered. EOI closes January 15, 2025
Established in 1948, DEAN Trailers has grown from a small farm trailer manufacturer to become an icon in Australian. DEAN Trailers, in addition to agricultural trailers, design and manufacture a diverse range of trailer products including plant, road, custom, tag & pig trailers and truck bodies.
These trailers are manufactured to order using all new materials, parts, wheels & tyres, Australian specified steel and finished in 2 coats of industrial enamel over an etch primer. Parts are purchased through Australian companies/distributors ensuring the highest quality components, as a well as knowing a reasonable expectation of parts will be available in the future.
Stephen Hundy in his capacity as Administrator for Dean Trailers Australia Pty Limited (Administrator Appointed) trading as DEAN Trailers have appointed Xcllusive Business Sales as exclusive sales agent to sell the business as a going concern.
The Director of the Company appointed the Voluntary Administrators due to personal circumstances and continued cash flow restrictions.
The opportunity is for an individual or business within the Trailer/Caravan/Horse Float industry to take over this business as a going concern. The business has:
- Annual Sales of over $1,425,000 in FY2024 and over $1,859,000 from July 2022 to June 2023.
- Products are purpose-built trailers for commercial use.
- Complying with Vehicle Standards Bulletin (VSB 1:2009 revision 6), a standard set out bythe Australian design rules that manufacturers must comply with.
- Trailers are designed, engineered and manufactured in the Southern Highlands NSW out ofsteel to meet the harsh Australian conditions.
- With a nationwide reach and servicing customers who include Large private organisations,Multiple Councils and Government organisations.
- Customers’ orders are for custom-built trailers, delivered within an agreed timeframe.
- Business operates 5 days per week
- Qualified tradespeople employed, supported by 8 employees (e.g.: Production Supervisors,Metal Fabricators, Sales, Admin Assistant, accounts/Payroll) with experience in the day-to-day operation of the business
- Factory/warehouse based in Bowral NSW.
- 1 vehicle UD MK11/280 TRUCK can be included.
The Opportunity
A new owner can acquire the business as a going concern, with potential upside:
- Taking over a portfolio of 20 orders with customers spending over $900,000 in the first 3-4
- months of FY2025 ($250,000 to $ 300,000 per month)Experienced staff to operate the business
- Cost saving from integrating this business into an existing business
- Leverage over 75 years of expertise and reputation
FOR SALE BY EXPRESSION OF INTEREST.
ALL OFFERS WILL BE FORWARDED BY XCLLUSIVE BUSINESS SALES TO THE ADMINISTRATORS FOR CONSIDERATION.
CLOSING DATE: Wednesday January 15, 2025, at 2 PM.
Property Code: 4234
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
