Business Development Manager

3 weeks ago


kerala, India Purplle.com Full time

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.


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