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.
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.
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.
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.
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.
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.
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.
Early documents carry a reference code, not your name or address, so nothing identifying circulates while interest is being gauged.
You approve every step and every buyer before they learn who you are. The process runs at your pace, never ahead of it.
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.
We normalise your financials so the buyer sees the true earning power of the studio, not the owner's personal lens on it.
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.
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.
We approach fitness groups, multi-site operators and owner-buyers quietly, the people who read a membership base properly and pay for retention.
Lease novation, equipment finance and leases, membership and package liabilities, trainer retention and supplier contracts are handled early, not surfaced late.
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 work directly with Ben from start to finish. No being handed to a junior once the engagement begins.
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.
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.
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.
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.
We approach the right buyers discreetly, each NDA-gated and approved by you. Never the open market.
We manage due diligence, licence and lease transfer, and the difficult conversations, through to signing.
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.
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.
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.
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.
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.
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.

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.
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.
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.
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