Owner Retiring
Key Highlights
Traditional Chinese Medicine (TCM) retail and clinical business operating from a single physical location with a reported 22-year history. Established in 2004 and operated as a sole proprietorship. The seller reports annual revenue of approximately S$1.1 million and annual net profit of approximately S$230,000 (2025). Team comprises three retail staff and two TCM physicians, including the owner. The seller reports the sale includes stock but excludes the security deposit, and the business is being sold due to retirement.
What Makes This Business Unique
The business combines a TCM retail outlet with an in-house clinical practice under one roof, supported by both retail staff and TCM physicians. It has operated from the same location for more than two decades, which typically correlates with an established local customer base in healthcare retail. The seller indicates the operation is built around regular clients and prefers a buyer with TCM knowledge to continue serving them.
Operations
Revenue is generated primarily through one-off transactions, supported by a physical retail and clinic operating model. The operating team includes three retail staff and two TCM physicians (including the owner), implying clinical delivery capacity alongside front-of-house retail operations. The seller reports monthly rent of S$15.5k and monthly operating costs of S$20,000.
Customers & Market
The seller reports an established customer base built over more than 22 years at the same business location. Customers are served through a combination of TCM retail purchases and in-clinic physician services. The seller prefers a buyer with TCM knowledge to continue service for regular clients.
Why This Business
A buyer acquires an operating TCM retail-and-clinic setup with an existing team structure spanning both retail and physician services. The reported multi-decade operating history at the same location represents time and consistency that is difficult to replicate quickly in a neighbourhood healthcare setting. The seller reports the transaction includes stock, reducing the time required to replenish initial retail inventory after acquisition.
| Year | Revenue (SGD) | Earnings (SDE) | Net Margin |
|---|---|---|---|
| 2025 | SGD 2.3M | SGD 100K | 4.4% |
| 2024 | SGD 2.7M | SGD 110K | 4.1% |
| 2023 | SGD 1.3M | SGD 90K | 6.9% |
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DATA DISCLOSURE
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