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Executive Summary of The Current Funding Needs of
Executive Summary of The Current Funding Needs of
OREM, UTAH
“Parley’s Enterprises” is owned and operated by former Utah
State Senator and candidate for the U.S. Congress (twice) and for
Governor here in the State of Utah. Parley Hellewell and his wife
Marilynn, and it is composed of the following companies and/or
holdings:
00 , 000
00 0,0 $50
00,0 $25
$ 1,0
,0 00
3 , 000
$
00
00,0
5
$3,
PPM Utah Save Now Parley's Hardware Store - Design/Décor Center A Duct Cleaning Company Rental Income
REAL ESTATE HOLDINGS IN TERMS OF ACTUAL
EQUITY
$1,000,000
$1,000,000
$900,000 $800,000
$800,000
$700,000
$600,000
Parley's Do It Best Hardware, etc., in
Orem, Utah Store-building $500,000
$300,000
Warehouse in Provo (former location of $400,000 $300,000
PPM)
$300,000
Two Rental Homes $100,000
$200,000
$100,000
Three Cabin lots in south central Utah
$-
Personal Home in Orem, Utah
What Parley is looking for, right now and over the next several months and couple years
is as follows and for the following reasons, as well:
$500K ASAP Expansion into geothermal and other sources of alternative and
sustainable energy and other areas, as well and to help cover
unexpected cost over runs in construction and the impacts of the
current recession.
$2M In the next 3-6 months To buy the Do it Best Hardware Store in Nephi – involves a distressed
seller scenario
$4M
In the next 6-12 months To build a new Do it Best Hardware Store, etc. in the Saratoga
Springs/Eagle Mountain area
Once those strategic moves are completed Parley will have a company doing a total annual sales
in the $15-20 million, or more, range with a profit margin of 12 to 15%.
To get the above mentioned money Parley is willing to give
up the following percentage of ownership in Parley’s Do it
Best Hardware and Interior Décor/Design Center along the
way:
0% 2% 4% 6% 8% 10%