Asst Manager

3 weeks ago

New Delhi, India Zeno Health Full time

Job Description:1. Market Research & Scouting- Conduct thorough market research to identify high-potential geographies and trade areas for retail expansion.- Scout and evaluate prospective retail properties based on footfall, catchment demographics, competition mapping, and accessibility.- Maintain a pipeline of potential properties aligned with the company’s growth strategy.- Track new developments, upcoming malls, high streets, and commercial complexes relevant to retail expansion.2. Property Evaluation & Feasibility- Assess properties on key metrics: visibility, size, frontage, rental cost, and customer accessibility.- Conduct site surveys, trade area studies, and competitor benchmarking.- Prepare feasibility reports, business cases for each shortlisted property.- Collaborate with expansion, category and branding teams to evaluate property suitability and site executional work.3. Negotiation & Acquisition- Lead & collaborate to ensure end-to-end negotiations with landlords, developers, brokers, and real estate partners.- Negotiate commercial terms including rent, deposit, lock-in, revenue share (if applicable), and other contractual clauses.- Ensure cost optimization while securing prime locations for retail presence.- Build and maintain strong relationships with landlords, property consultants, and developers for ongoing collaboration.4. Documentation & Signing- Coordinate with the legal team for drafting and vetting Letters of Intent (LOI), lease deeds, and other contractual documents.- Ensure all documentation complies with company standards and local regulatory requirements.- Drive timely closure of agreements to ensure smooth handover of properties for fit-outs.5. Stakeholder Collaboration- Work closely with operations, projects, design, and finance teams to align property acquisition with business requirements.- Present property proposals, feasibility analysis, and financial implications to senior management for approval.- Act as a liaison between landlords and internal teams during pre-opening activities.6. Reporting & MIS- Maintain accurate and updated MIS on scouting pipeline, deal status, and expansion progress.- Track and report KPIs such as average rent per sq. ft., turnaround time from scouting to signing, and % of deals closed vs scouted.- Provide regular updates to senior leadership on expansion pipeline and performance.Required Skill Sets:- Strong knowledge of retail real estate market dynamics.- Excellent negotiation, persuasion, and deal-closing skills.- Ability to analyze data, assess trade areas, and prepare feasibility studies.- Strong networking with landlords, developers, IPCs (International Property Consultants), and brokers.- Cross-functional collaboration and stakeholder management.- High ownership, result orientation, and ability to work in a fast-paced environment.Qualifications & Requirements:- At least 1-2 yrs of experience of working in Retail vertical or have managed business - cum- operations of retail stores- Overall 3-4 yrs of professional experience- Should be open to travel to other cities and same city (completely field job - At least 4 days on field)- Should have his own bike for daily travel / commute.-Graduation

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