3873 Lee
Ayden, NC 28513
Kids and Company Childcare Center of Lee St · Retail Property For Sale

Excellent opportunity to own an established and reputable daycare center that has been serving the Pitt County market for over a decade. The center is situated just off a main thoroughfare and conveniently located in close proximity to Hwy 11. There is a total of 8 classrooms in the center allowing for individualized attention and an ideal pupil to teacher ratio. The center offers programs for infants (starting at 6 weeks) up to children through age 5 including before and after school programs for children up to 12 years old with a maximum capacity of 125 children in total. The center benefits from its long-standing reputation in the area and has been a staple in the market for decades. Due to COVID, the center was operating at at reduced capacity for much of 2020 which impacted the full year revenue and cash flow numbers. As of September 2021, enrollment stands at 75 kids, which is roughly 60% of full capacity.. The business has shown stable revenue and cash flow numbers over the last three years with compliant licensing reports. There is ample parking along with a nicely equipped outdoor play areas. Secure lobby and drop off area. 8 well equipped class rooms each have restrooms and sinks for hand washing. Each class room has its own individual out door play area. Play areas may be opened and joined together for special occasions or modified teaching situations. Kitchen has 2 commercial grade refrigerators plus a 6 burner stove, stainless steel carts and prep stations. Employee bathrooms and storage rooms on site as well. Center has a van used for pickup, camera system, phone system in every room, as well as a washer and dryer on site. All child care equipment currently on site will convey. The Day Care Center is situated on a 1 acre parcel of land and includes an additional 1 acre parcel of land that is perfect for expansion. (2 acres total) The owner has decided to sell the center along with the Real Estate. The owner currently has a director in place therefore allowing them to spend a limited amount of time each week at the center where they largely focus on general business management, organization, bookkeeping, and payroll. This represents an excellent opportunity to take over a well-run business with strong historical profitability that is run on a near absentee basis. The next owner could easily take on an active day-to-day management role if desired where they would benefit from the cash flow claimed from being an owner operating director. The childcare industry has seen significant and sustained growth in the Pitt County area in recent years, so don’t miss out on the chance to own a well-known center with Real Estate in a prime location. Ayden is a clean, safe, and attractive community that encompasses characteristics of a village; consisting of an economically thriving retail and service historic downtown district that is abutted by residential neighborhoods providing a good mix of housing options and that are within walking distance to downtown and recreational opportunities; and that are all surrounded by a flourishing and prosperous commercial and industrial corridor. Ayden is a vibrant community with hometown charm. Future job-growth projections are among the highest in the state. A wide assortment of other manufacturing activity, from pharmaceuticals to material handling equipment, is located in the area. Located just minutes from Highway 11, commonly used to commute to work or school. Situated just minutes from Greenville and Vidant Medical Center (Pitt County's largest employer). Easy access to major roads. *Please note, the revenue and cash flow numbers claimed are based on prehistoric performance from 2018-2020 which provided an average revenue of approx. $500,000 and an average owner operated (with the owner/buyer being the director) cash flow of approx. $250,000.