Business Development Manager

3 - 7 years

3 - 6 Lacs

Posted:-1 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role & responsibilities

  • Market Research & Scouting:

    Conduct deep-dive analysis of target trade areas, evaluating footfall, traffic patterns, and catchment area demographics (e.g., elderly population density).
  • Competitor & Partner Mapping:

    Identify gaps in the market by mapping existing pharmacies and high-prescribing medical clinics or hospitals to ensure prime positioning.
  • Site Evaluation & Feasibility:

    Assess potential properties based on frontage, visibility, storage capacity (for temperature-controlled inventory), and patient accessibility (parking/ADA compliance).
  • Negotiation & Deal Closing:

    Lead commercial negotiations with landlords, developers, and brokers. Secure favorable lease terms, including rent, duration, TI (Tenant Improvement) allowances, and exclusivity clauses.
  • Financial Analysis:

    Prepare business cases and ROI projections for each potential site, presenting findings to senior leadership for approval.
  • Regulatory & Legal Due Diligence:

    Coordinate with legal and compliance teams to ensure sites meet state and local pharmacy licensing requirements, zoning laws, and safety regulations (Fire NOC, signage permits).
  • Pipeline Management:

    Maintain a healthy pipeline of prospective sites to report acquisition status to stakeholders weekly.

Preferred candidate profile

  • Graduation is preferrable (Negotiable for Experienced candidates)
  • Minimum 3 years experience in property acquisition and negotiation
  • Candidates from retail/telecom preferred

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MedPlus

Hospitals and Health Care

Secaucus New Jersey

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