Expressions of Interest – Ultimate Franchising Group
Rajiv Goyal and Chris Johnson of Wexted Advisors have been appointed
joint and several Voluntary Administrators of the Ultimate Franchise
Group Pty Limited and related entities (the Group). The Group is the
Australian franchisor operating under agreement with UG Franchise
Operations LLC (UGFO), the US parent company.
The Administrators are seeking urgent expressions of interests for a
business sale for the Group or recapitalisation via a Deed of Company
Arrangement (DOCA).
The assets and investment highlights include:
▪ Established brand: The Group has established itself as a premium provider of health, wellness and fitness centers
▪ Franchisee network: Established franchised network paying royalties each week
▪ Corporate network: A number of gyms operate as corporate sites
▪ Property leases: Held by the Group
▪ Employees: 9 employees providing head-office services and franchisee support
Incoming purchaser will be subject to UGFO approval.
Further details about the group and its businesses can be found at www.ufcgym.com.au.
Expression of Interest (EOI) are sought by 4pm, Friday, 16 June 2023
via email to Adam Simpson at asimpson@wexted.com and Ben Sugars
at bsugars@wexted.com.
For further information regarding the sale process, please contact
Adam and Ben via email
Expressions of Interest – North, West & Newmarket Properties (Adelaide)
Shalain Singh of Arrow Advisory Group jointly with Colliers are pleased to offer under instruction from Wexted Advisors 9-14 North Terrace, 13 West Terrace and 11-19 Newmarket Street.
Located within Adelaide’s Bio-Med precinct, ‘North, West & Newmarket’ offers a unique opportunity for the delivery of wide ranging healthcare uses including an integrated clinical services hub for government, clinical and support services and/or administrative functions.
The business and investment highlights include:
- 4,715m2* site + air rights over 278m2*;
- Healthcare development potential;
- 4 street frontages;
- Capital city zone;
- Suit wide ranging healthcare use; and
- Established demand drivers.
The Property is offered by expressions of interest closing 4pm AEST, Thursday 29 June 2023. EOIs should be submitted no later than 4pm on Tuesday, 29 June 2023 via email to shalain@arrowadvisorygroup.com.au or justin.hazell@colliers.com.
Expressions of Interest – Park Fast (S.A.) Car Parking Business for Sale
Andrew McCabe and Joseph Hayes of Wexted Advisors as Receivers and Managers of Park Fast (S.A.) Pty Ltd (Receivers and Managers Appointed) are seeking urgent Expressions of Interest (EOIs) in a business/asset sale of a car parking business.
The business and investment highlights include:
- Established car park business operator with over 25 years trading experience based in the Adelaide CBD, SA;
- Over 40 car parks managed in/around the Adelaide CBD through a range of leases and profit share agreements;
- Revenue of circa $3.4M in CY22;
- Any unencumbered plant, equipment owned by the business (including vehicles and ticket machines); and
- The option to include existing staff (all with extensive experience in the business and parking industry).
EOIs should be submitted no later than 4pm on Tuesday, 11 April 2023 via email to amalouf@wexted.com.
Expressions of Interest – My Baby HQ
Rajiv Goyal and Andrew McCabe of Wexted Advisors as Voluntary Administrators of My Baby HQ Pty. Ltd. (Administrators Appointed) are seeking urgent Expressions of Interest (EOIs) in a business/asset sale or recapitalisation via a Deed of Company Arrangement (DOCA) of an online and shop front retailer focusing in baby goods.
The business and investment highlights include:
- Monthly revenue of ~$500K;
- Established and well-known business of 3 years;
- Growth opportunities via expansion of toddler categories;
- Leased shop front and warehouse based in Fortitude Valley;
- All IP (i.e. domain names, trademarks, social media accounts, customer contact list etc);
- Any unencumbered plant, equipment, removable fixtures and fittings used in connection with the business; and
- Further details can be found on their website: www.babyhq.com.au.
EOIs should be submitted no later than 5pm on Tuesday, 7 February 2023 via email to jlemessurier@wexted.com.
Expressions of Interest – CDM Print
Rajiv Goyal and Andrew McCabe of Wexted Advisors as Voluntary Administrators of Corporate Documentation Management Pty Ltd (Administrators Appointed)(CDM Print) are seeking Expressions of Interest (EOIs) for the assets and business of the company.
The business and investment highlights include:
- Annual revenue of ~$2M (FY22).
- Premium digital print technology.
- Integrated DMS and CRM systems.
- Established customer-base.
- Leased premises at Rosebery NSW.
- Further details can be found on their website: cdmprint.com.au.
EOIs should be submitted before 5pm on Thursday, 22 September 2022 via email to clewis@wexted.com.
Expressions of Interest – Mugga Lane Solar Farm
The Receivers and Managers of Mugga Lane Solar Park Pty Ltd and certain of its related entities (Administrators and Receivers and Managers Appointed to All) (MLSP Group), are seeking Expressions of Interest (EOIs) for the assets and business of the MLSP Group.
The MLSP Group owns and operates a fully functional 13MW utility scale solar farm located on the Monaro Highway in Canberra ACT.
Key details about the Project:
- 52-hectare Crown Lease site.
- Annual output c.24,500MWh+ from c. 48,000 panels.
- 13MW AC / 15 MW DC.
- Feed-in Tariff with the ACT Government for 24,596MWh at a price of $178/MWh to 2034.
EOIs should be submitted before 5pm on Monday, 12 September 2022 via email to mlsp@wexted.com and should include details in relation to your industry experience and credentials, financial capacity and capability.
For further information regarding the EOI process, please contact either Lachlan Minogue or Adam Simpson at mlsp@wexted.com or on (02) 9210 1700.
Expressions of Interest – Yabonza Rent Roll
Andrew McCabe as Liquidator of Yabonza Australia Pty Ltd is seeking urgent Expressions of Interest (EOI) for the sale of the rent roll asset.
Key Highlights
- Over 150 Properties across 4 states (QLD, NSW, VIC and SA);
- 23 landlords with multiple properties;
- Annual income from Management Fees of $126K; and
- Average Annual Management Income (AAMI) per property of $776.
EOIs should be lodged via email to amalouf@wexted.com by 5pm on Tuesday 2 August 2022.
For further information regarding the rent roll and the EOI process please contact Angus Malouf on 02 9210 1708.
Agent for Mortgagee in Possession – 20-30 Ian Street Noble Park
Stonebridge Property Group are pleased to offer under instruction from Wexted Advisors, 20-30 Ian Street, Noble Park.
Key highlights include:
- 1,338sqm* flexible Commercial 1 Zone landholding
- Commanding street frontage of 36m* to Ian Street, with additional rear laneway accessed via Heatherton Road
- Franchise Agreement with hotel giant Wyndham boasting 16 world class hotel brands in more than 70 countries
- Forming part of the Noble Park Activity Centre
- Immediate proximity to newly upgraded Noble Park Train Station on the Pakenham line connecting students to Monash University (Caulfield & Berwick Campus’), Melbourne University as well as numerous elite secondary schools
- 27km* from the Melbourne CBD and easily accessible via Eastlink and Princes Highway (1.5km*)
- 2-minute walk to Douglas Street retail precinct home to Coles, 7-Eleven, Australia Post and many other national brands
- Nearby Noble Park landmarks Ross Reserve and Noble Park Aquatic Centre
- Victorian Government commitment of $276.5 million on the Greater Dandenong Municipality to allow for faster high-capacity metro trains to run through Noble Park
20-30 Ian Street, Noble Park is for sale via Auction Friday 22nd July 2022 at 12:30pm (AEST).
For further information, please contact Julian White by email JWhite@stonebridge.com.au or 0422 764 137 or Chao Zhang by email CZhang@stonebridge.com.au or 0411 625 068.
Agents for Mortgagee in Possession – Unit 806 250 Pitt Street Sydney NSW 2000
Ray White Commercial are pleased to offer under instruction from Wexted Advisors 806 250 Pitt Street Sydney NSW 2000.
250 Pitt Street is the heritage listed strata titled office building located adjacent to the ANZ Bank Centre & Pitt Street station construction opposite The Galeries & Sydney Hilton circa. 2 minutes walk to Town Hall station , Queen Victoria Building & Pitt Street Mall.
Suite profiles are as follows:
- Strata office suite offered for sale
- Suite 806: 26sqm – Rent $1,787.50 per month gross incl. GST to 25 March 2023 plus a 1 year option
- Inspections by prior appointment only
For further information please contact John Skufris of Ray White Commercial on 0414 969 221.
Agents for Mortgagee in Possession – 16 Birdwood Avenue Dandenong VIC 3175
Ray White Dandenong are pleased to offer under instruction from Wexted Advisors, 16 Birdwood Avenue, Dandenong.
Key highlights include:
- 852m2 property
- Gutted internally and ready for new owner to renovate to their own liking
- Ability to retain and renovate the existing property and develop a large second dwelling in the rear STCA or demolish and develop 3-4 dwellings STCA
- Situated in a convenient locale within a short distance of schools, public transport and recreation facilities.
The sale campaign for the property is currently on hold.
For further information please contact Ben Jusufi at Ray White Dandenong on 0406 026 542 or ben.jusufi@raywhite.com.
Expressions of Interest – Arrow & Co Pty Ltd
This sale campaign has been withdrawn.
Rajiv Goyal and Joseph Hayes of Wexted Advisors as Voluntary Administrators of Arrow & Co Pty Ltd (Arrow), are seeking urgent Expressions of Interest (EOIs).
Arrow operates the following four venues from leased premises and generated the following revenue in FY21:
- Outpost Espresso (Collaroy) – $1,142,037
- Bloom (Mosman) – $966,437
- Little Collins (Freshwater) – $872,145
- West End (Manly) – $481,352
- Total Revenue of $3,461,971
EOIs and information requests should be sent via email to Lachlan Minogue of Wexted Advisors at lminogue@wexted.com before 4pm on Friday, 22 April 2022.
Expressions of Interest – Sought Financial Planning and Accounting / Taxation Assets
Rajiv Goyal and Joseph Hayes of Wexted Advisors as Receivers and Managers of a Financial Planning and Accounting / Taxation services business, are seeking urgent Expressions of Interest (EOI).
Key highlights:
- Exclusive access to approximately 40 client groups with ~$38.5m funds under management. Majority are NSW based wholesale clients;
- Residual clients generating in FY21:
- Wealth advice: ~$350K
- SMSF administration fees: ~$235K
- Tax & accounting fees: ~$90K
- Total fees: ~$675K
- All associated client records and intellectual property.
EOIs should be lodged via email to the Receivers’ exclusive sales agent Jason.phillips@jnpadvisory.com.au and pskippen@wexted.com before 5pm, 4 March 2022.
For further information regarding the client books and the EOI process, please contact Jason Phillips of JNP Advisory on 02 9011 5565.
Expressions of Interest – Crown Hotel
Wexted Advisors are pleased to offer through HTL Property, Crown Hotel 587 – 589 Crown Street Surry Hills NSW 2010.
Key highlights include:
- Landmark inner city gaming hotel generating blended annual revenues of $5,303,376*
- Highly profitable revenue mix across bar, gaming, wagering and accommodation
- 24 hour liquor licence with 3 hour gaming shutdown
- 30 gaming machines – historically ranked as a consistent Top #150 gaming hotel
- Prominent four storey building with 8 x accommodation rooms and rooftop residence – scope to
- activate a rooftop beer garden with district views (STCA)
- Strategically situated at the corner of Crown and Cleveland Street in Surry Hills – well positioned to
- capitalise on the new Allianz Stadium precinct and Light Rail
- Opposite TOGA’s $200m* Surry Hills Village mixed-use redevelopment – 200 apartments, 102 hotel
- accommodation rooms and 12,000 sqm* of retail – including Coles as the anchor tenant
Please contact the undersigned agents for a copy of the Information Memorandum, access to the data room and/or to an arrange an inspection.
Under Instructions from Andrew McCabe & Joseph Hayes from Wexted Advisors as Receivers & Managers.
Expressions of interest closing Wednesday 6 April 2022.
For further information, please contact Sam Handy – Daniel Dragicevich or Andrew Jolliffe.
Expressions of Interest – North Nowra Tavern
Wexted Advisors are pleased to offer through HTL Property, North Nowra Tavern, 82 Page Avenue North Nowra NSW 2541.
Key highlights include:
- Rare large format NSW South Coast freehold with compelling upside
- Attractive high cash flow business with annual revenues ~$8,057,816*
- Balanced revenue mix across bar, bistro, gaming, wagering and retail liquor
- 1:30am liquor licence with 25 x EGM’s – ranked #440 for Dec-21 quarter
- Efficient layout with DA approval to further improve the configuration of the hotel
- Expansive trading footprint with extensive outdoor beer garden areas
- Limited competition within large and exclusive trading catchment
- Under-utilised 6,019sqm* landholding with mixed-use redevelopment (STCA)
- Several Federal infrastructure projects and surrounding land releases
Under Instructions from Andrew McCabe & Joseph Hayes from Wexted Advisors as Receivers & Managers.
Expressions of interest closing Wednesday 13 April 2022.
For further information, please contact Sam Handy – Daniel Dragicevich or Andrew Jolliffe.
Expressions of Interest – Rose & Crown Hotel for Sale
Wexted Advisors are pleased to offer through HTL Property, Rose & Crown Hotel, 11 Victoria Road, Parramatta NSW.
Key highlights include:
-
Annual revenues ~$7,577,945 across bar, bistro, gaming & wagering
-
24 hour liquor licence with 3 hour weekend gaming shutdown
-
30 gaming machines with an average ranking of #139 over the last 12 months
-
Single bar operation servicing entire ground floor of the hotel
-
1,126 sqm* site with excellent redevelopment metrics – B4 mixed-use zoning, 24 metre height and 4:1 FSR approvals
-
Diminishing competitor set within the North Parramatta catchment
-
Well positioned to capitalise on Parramatta’s $20 billion* infrastructure and development boom over the next decade – proximate to Parramatta Square, Riverbank Precinct, CommBank Stadium, Eat Street and Light Rail Station
Under Instructions from Andrew McCabe & Joseph Hayes from Wexted Advisors as Receivers & Managers.
For further information, please contact Sam Handy – Daniel Dragicevich or Andrew Jolliffe.
Expressions of Interest – Corrimal Hotel for Sale
Wexted Advisors are pleased to offer through HTL Property, Corrimal Hotel, 268 Princes Highway, Corrimal NSW.
Key highlights include:
-
Diversified revenue mix across bar, bistro, gaming & wagering
-
24 hour liquor licence with only 23 x gaming machines attached
-
Average ranking of #240 over the last 12 months – one of Wollongong LGA’s strongest and most consistent performers
-
Recent $2.5 million renovation, reconfiguration and refurbishment – completed in mid 2018
-
Expansive trading footprint, with efficient layout, multiple outdoor areas and car park
-
1,750 sqm* site – strategically situated within retail/commercial precinct of Corrimal
-
Limited competition within large residential catchment – Bellambi, Tarrawanna & Russell Vale
-
Adjacent Corrimal Village Shopping Centre – anchor tenants such as Woolworths & Dan Murphy’s plus 450* car parks
-
Proximate to the former Corrimal Coke Works site – proposed 550* dwelling master planned community
Under Instructions from Andrew McCabe & Joseph Hayes from Wexted Advisors as Receivers & Managers.
For further information, please contact Sam Handy – Daniel Dragicevich or Andrew Jolliffe.
HIGHFIELDS, PORT MACQUARIE INTEGRATED HEALTH & EDUCATION PRECINCT
Highfields, Port Macquarie – Health and aged care precinct across circa 20,785 sqm in Port Macquarie offered for sale by auction. The englobo site is comprised of the following:
- 8 Highfields Circuit, Port Macquarie NSW;
- 9 Kingfisher Road, Port Macquarie NSW;
- 11 Kingfisher Road, Port Macquarie NSW;
- 3 Kulai Place, Port Macquarie NSW; and
- 5 Kulai Place, Port Macquarie NSW.
The opportunity includes:
- Health precinct to meet underlying consumer demand;
- Approved and adopted master plan; and
- Significant amount of planning, architectural and preliminary earthworks undertaken.
For further information please contact James Le Messurier of Wexted Advisors via email or call our office on (02) 9210 1700.
DESIGNER AND MANUFACTURER OF ALUMINIUM WINDOWS AND DOORS
Rajiv Goyal and Andrew McCabe of Wexted Advisors as Voluntary Administrators of Mac Windows Pty Ltd (Administrators Appointed) restructured the business. Mac Windows is an established leading specialist in the design and manufacture of aluminium windows and doors. The business and assets include:
- Established network of clientele and suppliers;
- Current projects, pipeline, customer lists and experienced staff;
- Inventory and P&E;
- Office/warehouse lease in Matraville (Sydney); and
- Intellectual property including trademarks, brands and business name.
For further information please contact Angus Malouf via email amalouf@wexted.com or on (02) 9210 1700.
LEADING SPECIALIST POST TENSIONED CONCRETE CONTRACTOR – APS GROUP
Joseph Hayes and Andrew McCabe of Wexted Advisors as Voluntary Administrators of APS Group restructured the business. Incorporated in 1982, APS Group is a leading specialists in Post Tensioned Concrete Contractors in Australia, with 200 strong workforce and operating across 60 sites in NSW and Victoria. The business and assets include:
- Current projects, customer lists and experienced staff;
- Inventory and P&E;
- Office/warehouse leases in Oakleigh South (VIC) and Rydalmere (NSW); and
- Intellectual property including trademarks, brands and business name.
To view brochure, please click here.
For further information please contact Lachlan Minogue via email lminogue@wexted.com or on (02) 9210 1700.
Landscape Tanks Pty Ltd
Joseph Hayes and Andrew McCabe as Voluntary Administrators of Landscape Tanks Pty Ltd sold the business. Landscape Tanks is the owner of unique intellectual property assets and manufacturing systems and technology for high quality concrete OSD water tanks that double as structural retaining walls amongst other things. The business and assets included:
- All intellectual property rights including:
- Patents, trademarks, brand and business names;
- Website, domain names, social media accounts (Facebook, Twitter etc); and
- Any other intellectual property; and
- Plant and Equipment used in the manufacturing process including unique moulds, seals, tools and other equipment; and
- Client lists, work in progress and related assets.
For further information, please click here to view the information brochure.
For further information please contact Angus Malouf of Wexted Advisors via email or contact office on (02) 9210 1700.
Iron Ore & Gold Miner
(Successfully restructured via Deed of Company Arrangement)
Rajiv Goyal and Andrew McCabe as Receivers and Managers restructured ICA Mining Pty Ltd (Administrator Appointed) (Receivers and Managers Appointed) (ICA) and its shareholding of Peko Bull Pty Ltd. The subsidiaries downstream have the following interests:
- Mineral leases and exploration licences in Tennant Creek, Northern Territory;
- Resources containing iron ore product and metal credits;
- Peko Rehabilitation Pty Ltd conducts the Peko Rehabilitation Project; and
- 100% shareholdings in Sitzler Savage Pty Limited, holding 53 mining tenements in Tennant Creek.
For further information please contact Rajiv Goyal at rgoyal@wexted.com or on (02) 9210 1700.
Underground Utility Mapping & Worksite Documentation Platform
Rajiv Goyal and Joseph Hayes as Liquidators of Utillix Pty Limited (In Liquidation) sold the business and assets of an underground utility mapping and worksite documentation platform. These included:
- All intellectual property rights (whether registered or unregistered) used in connection with the Utillix business (including Patents, Trademarks and Brands); and
- Well established website and mobile phone application which enables onsite recording and mapping of underground utilities in real
For further information please contact James Le Messurier of Wexted Advisors at jlemessurier@wexted.com or on (02) 9210 1700.
CONTENT & MARKETING PLATFORM
Rajiv Goyal and Andrew McCabe as Liquidators of Practice Advantage Pty Limited (In Liquidation) sold the business and assets of a content and marketing platform with a specific expertise towards accounting practices. These include:
- 200+ active customers and revenue of c.$320K per annum;
- All intellectual property rights (whether registered or unregistered) used in connection with the Practice Advantage business (including the businesses Your Firm Online and Smart Practice App); and
- Well-established websites, domain names, trademarks, social media accounts (Twitter, Facebook etc.), contact lists, and any other intellectual property.
For further information please email James Le Messurier of Wexted Advisors jlemessurier@wexted.com or on (02) 9210 1700.
ONLINE RETAILER OF CUSTOMISED HANDBAGS AND ACCESSORIES
Rajiv Goyal and Andrew McCabe as Liquidators sold the business and assets of an Mon Purse, an online retailer specialising in the sale of customised handbags and accessories. These included:
- All intellectual property rights (whether registered
or unregistered) used in connection with the
business, including domain names, trademarks,
social media accounts (Instagram, Facebook,
Twitter & Pinterest), customer contact list, and any
other intellectual property; and - Any unencumbered plant, equipment, removable
fixtures and fittings used in connection with
the business.
For further information please contact Angus Malouf of Wexted Advisors on amalouf@wexted.com or on (02) 9210 1700.
Fully Licensed Freehold Aged Care Investment
- Tightly held and highly profitable asset class
- Valuable 59 bed licenses
- Dominant land parcel of 1,550sq m* with 40m* frontage
- D Significant renovation options or full redevelopment potential (STCA)
- D Only 250m* from Five Dock´s main retail strip, Great North Road
To view Aged Care brochure, please click here
For further information, please contact Angus Malouf of Wexted Advisors via at amalouf@wexted.com or on (02) 9210 1700.
LEADING E-TAILER OF PREMIUM WOMENS ACTIVEWEAR
Joseph Hayes and Andrew McCabe as Receivers and Managers sold the business and assets of a leading e-tailer of premium active ware for women offering on-trend coveted brands and products to customers globally through e-commerce distribution. These included:
- Partnerships with suppliers and brands to access their top tier products;
- Product line including activewear, sneakers, wellness products and a range of accessories
- Exclusive agreements with e-commerce distribution channels;
- Intellectual Property including social media, customer records, brands and trademarks; and
- Inventory.
For further information please contact James Le Messurier of Wexted Advisors at jlemessurier@wexted.com or on (02) 9210 1700.”
IT CONSULTANCY BUSINESS
Joseph Hayes and Andrew McCabe as Liquidators sought EOIs for the business and assets of an IT Consultancy business which provides consultancy services and platform solutions in NSW and VIC. These included:
- Pipeline of booked work of +$4M, and potential work of up to $8M over the next 12 months;
- Over 25 professional staff delivering Enterprise Digital Transformation solutions and platform solutions;
- Diverse and blue-chip customer base of +15 customers; and
- Intellectual property for scalable platform solutions.
For further information please contact James Le Messurier of Wexted Advisors at jlemessurier@wexted.com or on (02) 9210 1700.