Real Estate Manager
1 week ago
City BBQ started in Columbus, OH in 1999 and we have grown to 74 locations in 10 states. We are an award-winning, quick casual concept that exists to serve and create happiness. Everyday we're smoking tastes of the nation, from Kansas City to the Carolinas. Columbus CEO has chosen City BBQ as a Top Employer in the city twice in the recent past. We have started a search to add a Real Estate Manager to our Team. This person must have previous experience in a restaurant company that has been expanding their brand. Our focus in on candidates currently living in Atlanta, Charlotte, or Orlando.
City BBQ
Real Estate Manager
Job Description:
The Real Estate Manager reports to the Sr. Director of Real Estate and is responsible for the sourcing of potential locations for the expansion of City BBQ’s Restaurant. They will work with brokers to find suitable sites, with landlords to negotiate proposals to lease, and with the company to ensure company growth plans align with overall expansion goals.
Duties and Responsibilities:
Essential job functions include, but are not limited to the following:
• Works with the Sr. Director of Real Estate to execute the real estate strategic plan, building a pipeline of new sites to meet the company growth plan within a specified geographic area.
• Manage an established network of real estate brokers to execute market specific penetration strategies and identify potential sites for new restaurant locations.
• Work with broker network to prepare and present new restaurant site recommendation packages to the Real Estate Committee. The presentation shall include a sales forecast, a sales transfer forecast, and an ROI analysis. The goal of the presentation is to gain the Real Estate Committee’s approval of the site and its related investment.
• Analyze and evaluate data on a wide variety of real estate matters, including title information, architectural documentation and property surveys.
• Aggressively guides and oversees preparation of project proposals, letters of intent, pro-formas, budgets, feasibility analyses, including determination of time and funding requirements.
• Works with Finance on sale projections, etc.
• Accurately projects timelines to senior director and the construction team to ensure accurate revenue projects and timely preparation of operations.
• Prepare market studies for growth in core, developing, and new markets.
• Tracks and manages all development schedules to ensure opening dates and key benchmarks are met.
• Achieves annual store opening plan for openings and store months.
• Develops a regional system of contacts with developers in each market.
• Manages a real estate broker network within area of responsibility.
• Management of real estate projects, both planned and future focused.
• Work directly with brokers to identify prospective sites.
Qualifications:
Education/ Training/ Work Experience:
• Bachelor’s degree in business administration, finance, real estate, or a related field.
• Experience in corporate restaurant development and real estate environment with restaurant unit growth.
• Skill in utilizing analytical site selection tools to aid in the real estate decision making process.
• Knowledge of real estate management principles and techniques.
• Skill in conducting real estate development feasibility studies and analyses.
• Knowledge of laws, regulations, methods, and techniques in real estate.
• Proficient with Microsoft Software Package (Outlook, Word, Excel, PowerPoint).
Knowledge, Skills, and Abilities:
• Must be a high performer, especially in an entrepreneurial, fast paced environment.
• Ability to demonstrate strong business and financial acumen.
• Ability to foster a cooperative work environment.
• Strong attention to detail and decision-making ability.
• Demonstrates strong research, analytical and strategic thinking ability.
• Identifies and analyzes problems and develops workable solutions.
• Excellent oral and written communication skills and strong negotiation skills.
• Must have strong planning, organizational and time management skills.
• High level of interpersonal skills.
• Deliver results for which he/she is accountable.
• Dependable, flexible, and professional demeanor.
• Ability to maintain a high level of confidentiality.
• Maintains high standards of personal ethics; is consistently honest and truthful in all situations.
Requirements:
• Ability to travel to new and current sites in a restaurant environment.
• Must be able to travel up to 50% of the time, attend meetings and visit new site locations, current City BBQ locations, etc., possibly in other geographical locations, in inclement weather, and with minimal notification when needed.
• Must be able work under a high degree of stress on a physical, mental, and emotional level; this includes performing work in a fast-paced manner and making timely decisions.
Personal Qualifications:
As an integral leader of the company, the candidate must exemplify the highest standard of honesty, integrity, and discretion. The individual should be highly confident of their abilities and be considered a detail-oriented person. The candidate should be a consummate leader with excellent interpersonal and communication skills used effectively throughout the whole organization.
Compensation:
Base salary plus annual bonus potential, and benefits such as PTO, health insurance, life insurance, STD and LTD insurance coverage, and a 401k plan are part of the compensation package.
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