A confidential way for Singapore TCM clinic owners to understand what the practice is worth and explore a sale. No listing, no staff whispers, 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.
Nothing is listed, nothing is named. Your physicians and your patients hear about a sale from you, on your timing, never from the market.
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 clinic 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 patients stay protected until you are ready.
Your clinic 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.
TCM practices are often run lean, with the owner as the senior physician and the books kept simply. That combination invites a buyer to discount. We normalise the accounts properly so the real earning power of the clinic is visible and defensible.
We normalise your financials so the buyer sees the true earning power of the clinic, not the owner's personal lens on it.
Where patients follow a named physician, a buyer prices the risk that they leave with you. We measure the concentration honestly and structure a handover that transfers the relationship.
Practitioner registration standing, remaining lease tenure and how herbs and dispensary stock are handled all feed the number. We get ahead of each before a buyer raises it.
We approach TCM chains, integrative and wellness operators and individual physician-buyers quietly, the people who pay for a loyal patient base and clean records.
Practitioner registration, lease novation, dispensary and stock treatment, and key-physician dependence are handled early, not surfaced late and left to break trust.
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 clinic 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 instead of your clinic name and address, buyers see identifying details only after signing an NDA you have approved, and you choose when your physicians and staff are told.
It is priced off normalised earnings, meaning the accounts adjusted for owner-specific costs so the buyer sees the real earning power rather than a lean owner-run set of books. What moves the number most is how much of the patient loyalty follows a named physician, the treatment mix, remaining lease tenure, and whether the clinic runs without the owner in the chair every day. We give you a written valuation under NDA, for a fixed fee credited against our success fee if you sell with us.
TCM chains expanding their footprint, integrative health and wellness operators adding a modality, and individual physicians moving into ownership. They value the same clinic differently, which is why approaching several quietly usually beats accepting the first offer.
Yes, but expect a buyer to price only what can be evidenced. Earnings that cannot be substantiated in the records are usually discounted heavily or ignored. The honest answer is that tidying the financials before going to market is often worth more than any negotiating tactic afterwards. We tell you plainly at the valuation stage what will and will not be credited.
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.
Continuity of the team is usually a large part of what the buyer is paying for, so both sides normally want the same thing. Retention terms are worth negotiating explicitly and early, in writing, rather than left to goodwill at completion.

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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