Real Estate Manager
2 weeks ago
Position Summary:
The Real Estate Manager will be responsible and manage the Sitewise Modeling/Whitespace Tool. Have a proven record of understanding financial returns/real estate modeling to help interpret and grow store count in a positive and accretive manner. They have demonstrated success in building relationships and working with executive management throughout the entire real estate process. This is a core role at the front end of the Support Team, Operations, Bakery Owners, and Finance to help lay the foundation for our growth goals both short term and long term.
Accountabilities/Duties:
Oversee and manage the Sitewise Modeling Tool
Assist in the creation of Territory Analysis Presentations within PowerPoint
Run scenario analysis on macro-level territory optimization
Run store-level modeling scenarios to help increase MSA Territory build-out
Interface with Real Estate Team to help in site selection
Work with Finance Team to review bakery level return targets
Perform updated scenario and sensitivity analysis for market optimization
Lead initial communication with bakery owners on territory definition and key site attributes
Qualification of candidates and markets
Coordinate and guide candidates through the screening process; interviews, financial approvals, work evaluations, discovery days
Core Values/Leadership Competencies:
Servant's Heart
Developer of people
Vision casting
Lead by example
Spirit of a Champion
Exhibits extreme ownership - 100/0 Mentality - 100% responsibility and zero excuses
Excellence driven, desires feedback and improvement
Sound judgement
Genuine Connections
Intensely collaborative
Professional with the ability to influence at all levels
Communicates often and openly
Skills and Abilities:
Franchise system experience
Financial modeling / P&L knowledge (financial returns / P&L mechanics)
Experience with excellent communication skills, both written and verbal
An analytical approach, used in a wide range of responsibilities, from owner discussion, territory communications, and feedback to improve the real estate processes
Ability to lead, communicate, collaborate and influence cross-functionally
Education/Certifications and Work Experience Requirements:
BA/BS or equivalent working experience
3-5 years' experience
Commercial real estate experience required; restaurant or retail experience preferred
Proficient in Microsoft Office (Excel and PowerPoint)
Real Estate modeling experience - Sitewise, Buxton, or a comparable tool
Some travel required - 35%
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