Confidential M&A advisory · Gyms & fitness studios · Singapore

Sell your studio without a word getting out.

A confidential way for Singapore gym, fitness and boutique studio owners to understand what the business is worth and explore a sale. No listing, no member chatter, and nothing public until you decide.

A private read on your number. No commitment, no call required, nothing on the record.

What owners tell us

You built it. Now you want a quiet way out.

Most owners we speak to have spent years building what they have. When they start to think about selling, the same three worries surface. We take all three off your plate, in this order.

The first worry

Members and trainers finding out

In fitness a rumour spreads through the floor in a day. Nothing is listed and nothing is named, so your members and your trainers hear it from you, on your timing.

The second worry

Leaving money on the table

Most owners guess at their number. We start with a clear, evidence-based view of value and prepare your financials so a buyer pays for what the studio is genuinely worth.

The third worry

The deal falling through

A signed offer is the easy part. We run the process to completion, including the awkward steps, so it holds together to the end rather than drifting and dying.

How we protect you

Confidentiality is the starting point, not an add-on.

The promise should feel concrete, not like a slogan. Here is exactly how your name, your team and your members stay protected until you are ready.

Buyers see nothing until they sign

Your studio is shown only after a buyer has signed an NDA and you have approved them by name. No open marketplace, no broker board.

Materials are code-named

Early documents carry a reference code, not your name or address, so nothing identifying circulates while interest is being gauged.

Nothing moves without your say-so

You approve every step and every buyer before they learn who you are. The process runs at your pace, never ahead of it.

What your studio is worth

A properly argued number protects your price.

Fitness businesses get valued on the quality of the membership base, not the size of it. We separate recurring members from expiring packages, evidence the retention, and present earnings a buyer can believe.

01

Earnings and add-backs

We normalise your financials so the buyer sees the true earning power of the studio, not the owner's personal lens on it.

02

Membership quality and prepaid liabilities

Recurring memberships and unexpired packages are worth very different things to a buyer, and unearned prepayments are a liability they inherit. We quantify both before a buyer does.

03

Lease, fit-out and trainer dependence

Remaining lease tenure, the condition and cost of the fit-out and how much of the membership follows named trainers all move the price. We get ahead of each.

Why Clearmere

A deep pool of the right buyers

We approach fitness groups, multi-site operators and owner-buyers quietly, the people who read a membership base properly and pay for retention.

We manage the hard transfers

Lease novation, equipment finance and leases, membership and package liabilities, trainer retention and supplier contracts are handled early, not surfaced late.

Discretion by default

Your name stays out of the market until an NDA is signed. No public listing, no broker board, nothing your team can stumble on.

You deal with the founder

You work directly with Ben from start to finish. No being handed to a junior once the engagement begins.

Certainty of completion

Our job is a deal that closes, not a listing that lingers for a year. We manage the path from offer to a clean close.

An operator's eye on risk

We read the things a generalist broker misses, the dependencies a buyer probes and that quietly cut a price if ignored.

The team behind 70+ owner-operated transactions across Singapore, now extending the same playbook to established businesses across sectors.

How it works

Four quiet steps to a clean close.

01

A confidential valuation

Start with a short questionnaire by email, under NDA. For a fixed fee, we tell you honestly what your studio is worth and what would lift it.

02

A clear picture of your options

If a sale fits, we agree the approach. If the timing is wrong, we can stay on as your adviser and get the business ready to sell.

03

A quiet, targeted process

We approach the right buyers discreetly, each NDA-gated and approved by you. Never the open market.

04

A clean completion

We manage due diligence, licence and lease transfer, and the difficult conversations, through to signing.

Questions owners ask

Straight answers, before you speak to anyone.

How do I sell my gym in Singapore without members and staff finding out?

Off-market. Nothing is publicly listed and nothing carries your name. Early materials use a reference code rather than your studio name and address, buyers see identifying details only after signing an NDA you have approved by name, and you choose when your team and members are told.

How is a gym or fitness studio valued in Singapore?

On normalised earnings, then tested against the quality of the membership base. Buyers look at the split between recurring memberships and one-off packages, retention and churn, how much revenue follows named trainers, remaining lease tenure, and the level of unexpired prepaid credits they would inherit. A studio with the same revenue can be worth very different amounts depending on that mix. We give you a written valuation under NDA, for a fixed fee credited against our success fee if you sell with us.

Do unexpired memberships and packages hurt my sale price?

They are a real liability, because the buyer takes on the obligation to deliver sessions already paid for. That does not make the business unsellable. It makes early quantification essential. Presented clearly at the start it is simply a line in the deal. Discovered during due diligence it becomes a reason to reprice.

Who buys gyms and fitness studios in Singapore?

Multi-site fitness operators and groups adding locations, franchise operators, and individual owner-buyers moving into the sector or expanding from one site. Groups pay for systems and a clean recurring base. Owner-buyers pay for a business they can run personally.

What does Clearmere charge?

Our sale fee is success-based and paid on completion: no sale, no fee. A written valuation is a separate fixed fee, agreed and paid before we start, and credited in full against our success fee if you sign with us within 6 months and the sale completes. The first conversation, a short questionnaire and our written recommendation on which valuation fits are free and carry no obligation.

My studio depends on a few star trainers. Does that kill the deal?

No, but it shapes the structure. Where members follow named trainers, buyers manage that risk through retention terms, transition periods or deferred consideration. Raising it yourself at the start, with a plan, is far better than a buyer finding it in due diligence and using it to cut the price.

Benjamin Tan, Founder of Clearmere
Who we are

Benjamin Tan

Founder, Clearmere

Clearmere is confidential M&A advisory for owner-operated SMEs, typically S$1m to S$20m in revenue. The lower-mid market the large firms overlook and generalist brokers tend to fumble. You get senior attention on your sale, not a junior and a template.

Ben takes on a small number of mandates at a time, personally. The 70-plus deal record sits with the advisory team and is honest experience across owner-operated Singapore businesses, now being extended into healthcare, wellness and care.

Also for owners in
Before you decide

Your valuation is private, and there is no obligation to sell. If it is not the right time, you keep the report and have told no one.

When you are ready

Find out what your studio is worth.

Start with a short confidential questionnaire by email. No commitment, no call required, and nothing reaches your team or the market until you decide it should.

Request a confidential valuation →
Benjamin Tan, Founder of Clearmere
Benjamin Tan
Founder, Clearmere
All enquiries are confidential and handled under NDA.