Asst Manager

4 days ago


Solāpur, 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