About the role
Opening for one of the reputed QSR company for the position of Head Business Development
Location - Bangalore
About the Role:
o Business Planning – Brand positioning in terms real estate.
o Budgeting – Support budgeting exercise with details on portfolio of stores and Potential locations with sales projections and forecasting projects cost.
o Designing and improvising property requirements and Business Development SOPs
o Exploring Airport options by way of tender or direct deals.
o Exploring different avenues and concepts fueling expansion.
o Market mapping
o Identifying suitable and commercially viable properties in the existing and new market.
o Location & Catchment Analysis, Technical analysis of New Store property options.
o Negotiations with Landlord and Developers on commercials, legal, Projects and scope of work.
o Submission of proposal, Projected P/L for approval with the internal management & legal.
o Handling due diligence and legalities of transactions. Review LOIs, MOUs, Term Sheets, Lease agreements & Leave and license agreements. Coordinating with legal for necessary approvals.
o Store Design – Pre fit-outs, coordinating with design team, project team & mall team for design drawing docket approval.
o Coordination for agreement registrations, SD payments.
o Rent renegotiations of existing properties.
o Store closures / property surrender, full & final settlements.
o Responsible for Revenue of new stores.
o Market updates - New markets, New malls, Trends, Competition tracking
o Business relations - Builders/landlords/owners/Developers/Airports/Partners/ Brokers
Experience:
8-10+ years of experience in handling Business Development in similar industry
Educational Qualifications:
Must have – Degree/MBA