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WELL-ESTABLISHED, PROFITABLE ORTHOTICS MANUFACTURER/RETAILER

This company is the region’s leading manufacturer and retailer of orthotics, with locations in New Brunswick, Nova Scotia and Prince Edward Island. They have built on their reputation for advanced pedorthic and orthopedic solutions to become Atlantic Canada’s largest and most recognized provider of custom foot orthotics and top quality footwear. In operation for 13 years, the company’s assets are valued at $2,400,000 (Cdn.). The transaction will be structured as a sale of shares with a price of $1.98 million based on financial statements dated December 31, 2007 at which time shareholder’s equity was $630,745. The final price will be adjusted to reflect the balance sheet at the time of closing. A buyer should anticipate an equity investment of approximately $850,000 with institutional and seller financing available to complete the transaction.



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