That's a great choice, better than the NAD 3020 I think; alas, the Marantz M-CR611 costs more, not less: USD700, and tough to find discounted!
To reduce the price, he must look for DACs with a volume knob (and multiple inputs incl. TOSlink), rather than integrated amps. There are a few not so very expensive, e.g. Pro-Ject Pre Box S2, or the Cambridge Audio DACmagic Plus. Still not cheap; maybe buy a previous version of DACmagic (used) to get the price down?
But the DACs won't have a separate output for the sub vs. the main speakers. If you did a simple Y-splitter on the DAC's line level output, you could send full-range signals to both speakers, relying on the sub to do its own low-pass filtering, and hoping the older BeoLabs didn't do anything too awful with the bass portion of their full-range signal input.