
Fitness Business Development Manager
4 days ago
Cult Fit is a leading fitness and wellness brand with a mission to make fitness easy, fun, and accessible to everyone. Founded in 2016, the company has emerged as a community celebrating the joy of fitness.
Job Overview:
You will play a critical role in the company's franchise business expansion by facilitating site identification, business case alignment, and center launches in North India.
Key Responsibilities- Site Selection & Market Analysis:
- Lead strategic site identification efforts in pre-approved micro-markets while exploring new expansion opportunities.
- Conduct thorough site evaluations including physical visits, feasibility assessments, and competitive analysis.
- Coordinate with cross-functional teams to validate site selections against established guidelines and performance metrics.
- Support partners in identifying optimal locations within their territories that align with both partner goals and company strategy.
- Real Estate Negotiations & Support:
- Bridge communications between franchise partners and property owners / Real estate team to facilitate productive discussions.
- Collaborate closely with the Real Estate team to streamline lease negotiations and accelerate closure timelines.
- Oversee documentation and compliance requirements throughout the real estate acquisition process.
- Business Planning & Financial Oversight:
- Work with partners to develop comprehensive business plans and financial projections for new centers.
- Ensure alignment between partner objectives and company performance expectations.
- Monitor and support the achievement of key business milestones (target rent, presales, and key hiring milestones) throughout the center development process.
- Market & Competition Analysis:
- Conduct detailed competition and market analysis to evaluate the feasibility of proposed locations.
- Gather data on branded retail presence, residential density, and other key data points to build a comprehensive point of view (POV) for site selection.
- Provide insights and recommendations based on market trends and competitive landscape.
- Bachelor's degree in Business Administration, Real Estate, or a related field.
- 4-8 years of experience in business development, franchise management, real estate, or market analysis.
- Strong analytical skills to interpret market data and competition trends.
- Excellent communication and interpersonal skills for building and maintaining relationships.
- Proactive, self-motivated, and comfortable working in a fast-paced, dynamic environment.
- Ability to multitask and adapt to changing priorities while maintaining focus on deliverables.
- Willingness to travel within the city for site visits and partner meetings.
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