Business Development Manager

3 weeks ago

thiruvananthapuram, 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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