Retail Business Development Manager

7 years

0 Lacs

Posted:1 day ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

 

 Job Title: Manager – Business Development

Reports to: Retail Head

Location: [Bangalore]

Job Summary:

We are seeking a highly motivated and detail-oriented Business Development Manager to join with our Retail Team. The successful candidate will be responsible for identifying and securing retail locations for our EBO Stores, acquiring and on-boarding franchisees, delivering timely support for the smooth & efficient store opening.

The ideal candidate will have a strong understanding of the retail industry, excellent property scouting skills, relationship with Landlords, Acquiring New Franchisee Investors, Maintaining relationship with Potential Franchisees, Negotiation skills, Store P&L Management, Strong Business acumen and the ability to work independently.

Key Responsibilities:

A)

- Conduct thorough market research to identify potential retail locations for Own and franchisee stores, including:

    - Analyzing demographic data, foot traffic, and competition

    - Reviewing local zoning laws and regulations

    - Evaluating site characteristics, such as visibility, accessibility, and parking

- Utilize online databases, mapping tools, and other resources to identify available properties, including:

    - LoopNet

    - Google Maps

    - Local real estate listings

- Network with commercial real estate brokers, property owners, and other industry professionals to gather market intelligence and identify off-market opportunities

- Understanding Lease Agreements, Legal Terminologies, Retail Specific Property Lease Terms and Documentation

- Develop and maintain a database of potential locations, including property details, ownership information, and contact details

- Collaborate with franchisees to understand their specific location requirements and preferences

- Provide recommendations on potential locations to franchisees and internal stakeholders

- Negotiate lease/purchase agreements on behalf of franchisees ..

- Stay up-to-date on industry trends, market conditions, and competitor activity


B) Onboarding Franchise, setting up business, analysing business growth, delivering support.


1. Franchisee Recruitment and Selection:

    - Recruit and select qualified franchisees

    - Conduct franchisee interviews and onboarding relevant franchisee mutually agreed upon  relevant terms and conditions.

2. Franchise Business Planning and Development:

     - Build and maintain strong relationships with franchisees

   - Periodic Franchise Performance monitoring and evaluation with operations team

    - Supporting Franchisee in Store P&L

    - Identify areas for improvement and provide timely support

3. Franchise Sales and Growth:

    - Helps to achieve franchise to grow the franchise network

    - Identify and pursue new franchise opportunities

4. Franchise Training and Development Programs:

    - Coordinate staff training programs for franchisees

    - Ensure compliance with brand standards and policies

5. Franchise Marketing and Promotions:

    - Coordinate and implement franchise marketing and promotion strategies

    - Support franchisees with local marketing initiatives

6. Franchise Operations and Compliance:

    - Ensure franchisees comply with brand standards and policies

    - Conduct regular franchise meetings, along with Operations Team

7. Franchise Financial Management and Analysis:

    - Analyze franchise financial performance and provide guidance

    - Support franchisees with financial planning and management

8. Franchise Network Development and Expansion:

    - Identify opportunities for franchise network expansion

    - Develop strategies for new market entry and growth


Requirements:


- 7+ years of experience in commercial real estate, retail leasing, or a related field

- Strong research and analytical skills, with attention to detail

- Excellent communication and negotiation skills

- Ability to work independently and prioritize tasks effectively

- Strong knowledge of the retail industry and local market trends

- Proficiency in Microsoft Office, particularly Excel, and online research tools

- PGDM / Bachelor's degree preferred


- Experience with GIS mapping tools and spatial analysis

- Knowledge of local zoning laws and regulations

- Familiarity with franchise operations and development processes


 We Offer:

- Competitive salary and benefits package

- Opportunity to work with a growing and successful franchise brand

- Collaborative and dynamic work environment

- Professional development and growth opportunities



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