Field Development Manager
2 weeks ago
Field Development Manager - Minneapolis, MN
Minneapolis, MN, USA
Req #1467
Wednesday, September 11, 2024
We are Subway Headquarters A dedicated team of professionals supporting thousands of franchisees around the globe.
Field Development Manager
Territory: Minneapolis, MN
Ready for a fresh, new career? Look no further because one of the world's most iconic brands can help you get there.
Why Join Us?
At Subway, "better" is baked into our DNA. We are a brand that believes in continued improvement ... in our lives, our businesses, and our planet. From the handshake that started our very first sandwich shop to earning our position as the world's leading restaurant brands, we've always embraced change and the path ahead. And today, we're making better living way easier.
Our purpose is about more than the food we serve in our restaurants. It's centered on fueling healthy businesses and healthier lives. It is one of the most exciting times to join the Subway team and contribute to our transformational journey.
About the Role:
The Field Development Manager facilitates the execution of the overall assigned market development plan providing objective thought as the plan evolves cross functionally. The FDM will focus efforts on positive net restaurant growth both by mitigating restaurant closures and filling a pipeline of approved new restaurant openings. The FDM also assists in market optimization planning through the identification and facilitation of relocation opportunities.
Responsibilities include but are not limited to:
- Facilitates execution of a markets Development plan with the goal of building market share, driving guest counts, increasing average unit volume and franchisee profitability.
- Educate and guide field operations teams regarding the benefits of market optimization and provide objective voice regarding development plan decisions.
- Find the right locations, leasable square footage, and franchisees to develop the sites & submit to Real Estate Team for approval.
- Evaluate opportunities to improve existing asset base through site selection, relocations, and remodels. Develop working relationships with Real Estate Brokers to constantly identify and evaluate market opportunities. Work with Market Planning team analysis to execute Market Optimization Plans & to fill in identified white spaces.
- Complete rigorous financial analysis and recommendations regarding requested restaurant closures in partnership with Field Operations Team. Complete ELVRs for those restaurants that are not viable. Evaluate and assess viability of restaurant in partnership with Senior Manager, Field Development & Director, Franchise Performance for assigned territory.
- Travel is required in assigned territory to meet with Field Operations Team and Franchisees.
- Focus efforts on driving positive net restaurant growth by mitigating closures and increase new restaurant openings.
Qualifications:
- Bachelor's Degree would be a plus.
- 3-5 years' experience in commercial development. Restaurant and/or retail industry experience would be preferred.
- Experience working with franchisees would be beneficial.
- Experience with market optimization and ability to grow small businesses.
- Familiarity with market brokers/real estate.
- Must have a positive attitude, be self-motivating, and have excellent time management and communication skills, good relationship building skills, flexible and detail oriented.
- Management of mergers and acquisitions, financial workout, and financial consulting preferably in a QSR environment.
- Business valuation and brokerage negotiation. Record of budget and financial accomplishments.
- Ability to work with a diverse group of stakeholders with experience leading cross functional decision making.
- Experience or understanding in overall market planning. Knowledge of franchise and licensing law, regulations, and procedures.
- Strong knowledge of Strategic Planning, Sales Analysis, Consumer Insights and Brand Management.
- Experience using MS Office Suite, MS Teams, Sitewise, etc.
- Must live within the advertised territory.
- Travel Requirement: up to 75% overnight travel.
What do we Offer?
- Insurance Plans (Medical/Dental/Vision/Life)
- 401k
- Competitive Bonus
- Mobility Allowance
- Tuition Reimbursement
- Company Holidays
- Employee Resource Groups
- Volunteering time
- Many More.....
Actual pay is determined based on a number of job-related factors including skills, education, training, credentials, qualifications, scope and complexity of role responsibilities, geographic location, performance, and working conditions.
The Company is only considering applicants who are currently authorized to work in the country the position is based. AA/EOE/M/F/D/V
Other details- Job Family
Field Operations - Pay Type
Salary
- Minneapolis, MN, USA
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