Real Estate lead - South
Purplle.com Bangalore
Job Description
Job Description
We are seeking a highly motivated and experienced individual to join our team as a Retail Cosmetic Brand Store Expansion/Real Estate Acquisition Professional. The ideal candidate will have at least 8-10 years of experience in small retail format expansion and real estate acquisition in F&B, Cosmetics, Beauty, Wellness , Pharma & Retail.This role will be responsible for driving our brand's growth by identifying and securing optimal locations for new retail stores.
Responsibilities:
- Market Analysis: Conduct thorough market research to identify potential locations for new store expansion, considering factors such as demographics, competition, foot traffic, and consumer behavior.
- Site Selection: Utilize market data and analytics to evaluate potential sites and make informed recommendations for store locations that align with our brand's target market and growth strategy.
- Real Estate Negotiation: Negotiate favorable lease terms and agreements with property owners, landlords, and real estate brokers to secure prime retail spaces for new store openings.
- Due Diligence:Conduct site visits and assess the suitability of potential locations based on factors such as visibility, accessibility, zoning regulations, and lease terms.
- Financial Analysis: Develop financial models to evaluate the feasibility and profitability of potential store locations, considering factors such as rent, operating expenses, sales projections, and return on investment.
- Relationship Building: Cultivate strong relationships with landlords, property owners, developers, and real estate professionals to source new opportunities and facilitate the store expansion process.
- Rapid Expansion: Wide network of builders & brokers. Have contributed with rapid expansion at past.
- Reporting: Prepare regular reports, data and presentations to update senior management on store expansion progress, market trends, and real estate opportunities.
Qualifications:
- Bachelor's degree in Business Administration / MBA.
- Minimum of 8-10 years of experience in retail store expansion and real estate acquisition, preferably F&B, Cosmetics , Beauty, Wellness , Pharma & Retail.
- Strong understanding of retail market dynamics, real estate principles, and site selection criteria.
- Proven track record of successful lease negotiations and property acquisitions.
- Excellent analytical skills with the ability to interpret market data and financial metrics.
- Exceptional communication, negotiation, and interpersonal skills.
- Ability to work independently, prioritize tasks, and meet tight deadlines in a fast-paced environment.
- Proficiency in Microsoft Excel, PowerPoint, and real estate software/tools.
- Willingness to travel as needed for site visits and market research.
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Job Description
Skills:
Communication, Market analysis, Relationship building, Contract management, Problem-solving, Customer service, Real estate, Coworking,
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