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Business Development Manager
3 months ago
We are seeking a highly motivated and experienced individual to join our team as a Retail
Cosmetic Brand Store Expansion/Real Estate Acquisition Professional. The ideal candidate
will have at least 6-10 years of experience in small retail format expansion and real estate
acquisition in F&B, Cosmetics , Beauty, Wellness , Pharma; Retail. This role will be
responsible for driving our brand's growth by identifying and securing optimal locations for
new retail stores.
**Responsibilities:**
1. **Market Analysis:** Conduct thorough market research to identify potential locations for
new store expansion, considering factors such as demographics, competition, foot traffic,
and consumer behavior.
2. **Site Selection:** Utilize market data and analytics to evaluate potential sites and make
informed recommendations for store locations that align with our brand's target market and
growth strategy.
3. **Real Estate Negotiation:** Negotiate favorable lease terms and agreements with
property owners, landlords, and real estate brokers to secure prime retail spaces for new
store openings.
4. **Due Diligence:** Conduct site visits and assess the suitability of potential locations
based on factors such as visibility, accessibility, zoning regulations, and lease terms.
5. **Financial Analysis:** Develop financial models to evaluate the feasibility and profitability
of potential store locations, considering factors such as rent, operating expenses, sales
projections, and return on investment.
6. **Relationship Building:** Cultivate strong relationships with landlords, property owners,
developers, and real estate professionals to source new opportunities and facilitate the store
expansion process.
7. **Project Management:** Coordinate with cross-functional teams including operations,
construction, legal, and finance to ensure smooth execution of store expansion projects from
site selection to store opening.
8. **Reporting:** Prepare regular reports and presentations to update senior management
on store expansion progress, market trends, and real estate opportunities.
**Qualifications:**
Bachelor's degree in Business Administration / MBA.
Minimum of 5 years of experience in retail store expansion and real estate acquisition,
preferably F&B, Cosmetics , Beauty, Wellness , Pharma; Retail.
Strong understanding of retail market dynamics, real estate principles, and site selection
criteria.
Proven track record of successful lease negotiations and property acquisitions.
Excellent analytical skills with the ability to interpret market data and financial metrics.
Exceptional communication, negotiation, and interpersonal skills.
Ability to work independently, prioritize tasks, and meet tight deadlines in a fast-paced
environment.
Proficiency in Microsoft Excel, PowerPoint, and real estate software/tools.
Willingness to travel as needed for site visits and market research.
