Property Acquisition Executive

Job Title: Business Development Manager Location: Bangalore Employment Type: Full-Time About SAVOmart: SAVOmart is a fast-growing retail startup focused on providing high-quality groceries and FMCG products at affordable prices,currently operating 6 stores and rapidly expanding across bangalore. SAVOmart is not just a grocery store, it’s a commitment to uplift and support our local neighborhoods. Backed by WestBridge Capital, Savomart is building a robust footprint focused on quality, accessibility, and efficiency. Role Overview: To lead the identification, evaluation, negotiation, and acquisition of retail properties for Savomart stores in high-potential locations across India, ensuring alignment with business growth targets and operational criteria.   Key Responsibilities: ·      Scout for new retail properties in target cities/towns based on market potential, customer demographics, and competition mapping. ·      Conduct detailed site feasibility analysis – footfall, visibility, catchment area, traffic patterns, and accessibility. ·      Collaborate with cross functional teams for location-specific inputs ·      Prepare and present business cases including ROI, break-even timelines, and cost-benefit analysis for each proposed site. ·      Recommend lease or purchase models based on viability and long-term strategy. ·      Negotiate lease terms, rentals, lock-in periods, escalation clauses, and other key conditions with landlords/property agents. ·      Coordinate with legal and finance teams for due diligence and documentation. ·      Liaise with project/fit-out teams post deal closure to ensure timely possession and smooth store launch. ·      Maintain detailed records and trackers of all active and prospective sites.  Required Qualifications ·      5–10 years in real estate/property acquisition in retail (FMCG, QSR, supermarkets, apparel, or electronics).