Business Development

4 weeks ago

Patna, India Chemist Box Private Limited Full time

Job Description: Business Development Manager – Retail Expansion

About Chemist Box Private Limited: Chemist Box Private Limited, a prominent multi-outlet retail pharmacy chain in Bihar, With 14-15 physical stores with massive expansion plan.

Job Title : Business Development Manager – Retail Expansion

Department : Business Development

Location: (Patna)

Job Summary:

The Business Development Manager – Retail Expansion is responsible for identifying, evaluating, and securing new retail locations to support the company’s growth strategy. This role focuses on market analysis, location scouting, lease negotiations, and building strategic partnerships to drive footprint expansion in targeted regions.

Key Responsibilities:

Retail Expansion Strategy:

·          Develop and execute strategies to expand the company’s retail presence in new and existing markets.

·          Conduct feasibility studies and ROI analysis for potential store locations.

Market Research & Analysis:

·          Analyse retail trends, consumer demographics, competitor activity, and market saturation to identify high-potential areas.

·          Create detailed business cases and reports to support expansion decisions.

·          Site Identification & Acquisition:

·          Scout, identify, and assess potential retail locations (malls, high streets, standalone units).

·          Coordinate with brokers, landlords, and local authorities for site visits and approvals.

Lease Negotiation & Contracts:

·          Lead negotiations on lease terms, rent, and other legal/financial aspects.

·          Liaise with legal and finance teams to ensure all agreements are aligned with company policies.

Stakeholder Collaboration:

·          Work closely with operations, marketing, and design teams to ensure successful store openings.

·          Maintain relationships with real estate partners, developers, and government bodies.

Project Management:

·          Oversee timelines, budgets, and execution for new store launches.

·          Ensure on-time delivery and operational readiness of new retail outlets.


KPIs/Performance Metrics:

·          Number of new store locations opened

·          Time-to-launch for each location

·          ROI of new stores opened

·          Lease cost efficiency and negotiation success

·          Market penetration and sales performance post-launch

 

 



Requirements

Key Skills & Qualifications:

·          Bachelor’s degree in business, Marketing, or related field (MBA preferred).

·          1 -3 years of experience in retail expansion or business development.

·          Strong understanding of the retail landscape, real and consumer behaviour.

·          Excellent negotiation, communication, and presentation skills.

·          Proficient in MS Office, GIS tools, and CRM software.

·          Ability to travel frequently and work in a fast-paced environment.



Benefits

Salary: Up to ₹ 6,00,000 per year



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