Leasing Manager

3 weeks ago

Mumbai, India Purplle.com Full time

Job Description

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 4-8 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:

  • 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.
  • 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.
  • 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.
  • Due Diligence: Conduct site visits and assess the suitability of potential locations based on factors such as visibility, accessibility, zoning regulations, and lease terms.
  • 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.
  • Relationship Building: Cultivate strong relationships with landlords, property owners, developers, and real estate professionals to source new opportunities and facilitate the store expansion process.
  • Rapid Expansion: Wide network of builders & brokers. Have contributed with rapid expansion at past.
  • Reporting: Prepare regular reports, data 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 8-10 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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