Business Development - LOI

Job Description

KEY RESPONSIBILITIES 1.Market Research and Analysis: Conduct market research to identify potential retail locations that align with the company's growth strategy for NSO (New store opening) Analyze market trends, demographics, and competitive landscape to inform property acquisition decisions Expand the brokers network year on year and onboard newer agencies. Conduct a thorough competition analysis. 2.Property Identification and Evaluation: Identify and evaluate potential retail properties for acquisition. Liaison with Developers/Landlords/Real estate consultants for Leasing of properties. Ensure Compliance to the real estate standard operating procedures (SOP). Conduct site visits, feasibility studies, and financial analysis to assess the viability of potential properties. Prepare and present detailed reports and recommendations to Regional BD. 3.Negotiation and Acquisition Co-ordinate terms and conditions of property acquisitions, including purchase price, lease agreements, Co-ordinate with legal and finance teams to ensure compliance with all regulatory and financial requirements. Co-ordinate with Landlords/ Owners for ensure timely acquisition of the site with legalities related to acquisition completed. 4.MIS & Reporting Prepare reports on market mapping including competitor activities. Identify and report emerging markets within existing and new cities Prepare BD docket as per SOPs for all potential locations on a timely manner.