Subway

Manager, Portfolio Optimization

Subway$90K — $110K *
Retail & Consumer Goods
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business or related field or equivalent experience.
  • 3+ years in Development, Strategic Growth, or Project Management; restaurant industry experience preferred.
  • Strong analytical skills and financial acumen for problem-solving.
  • Excellent communication and project management skills with ability to influence stakeholders.
  • Self-starter with attention to detail and initiative in problem-solving.
  • Proficient in Microsoft Office, Smartsheet, Tableau, and CRM software like FranConnect.
  • Experience managing complex, simultaneous projects independently.

Responsibilities

  • Conduct financial assessments of restaurants and portfolios; build financial models.
  • Meet with franchisees to discuss performance and develop customized action plans.
  • Manage the closure review process; assess alternatives and improvement opportunities.
  • Evaluate requests for financial assistance; build business cases and negotiate agreements.
  • Partner with Strategic Growth team for franchisee transitions and portfolio reductions.
  • Review market dynamics and restaurant performance; assess impacts of changes.
  • Provide recommendations supporting both franchisee success and system optimization.

Benefits

  • Insurance Plans (Medical, Dental, Vision, Life)
  • 401k Plan
  • Competitive Bonus
  • Mobility Allowance
  • Tuition Reimbursement
  • Company Holidays
  • Employee Resource Groups
  • Volunteering time
  • Many more...
Full Job Description
About the Role:

The Manager, Franchisee Portfolio Optimization is responsible for evaluating franchisee financial health, supporting portfolio optimization strategies, mitigating restaurant closures, and providing business guidance to franchisees throughout their ownership lifecycle. This role works directly with franchisees to assess restaurant performance, develop action plans, negotiate short-term support solutions, and identify opportunities for growth, restructuring, downsizing, or exit.

The Manager serves as a trusted business mentor, leveraging financial analysis and market insights to help franchisees make informed portfolio decisions while supporting the brand's long-term development objectives.

Responsibilities include but are not limited to:

  • Conduct financial assessments of individual restaurants and multi-unit-owner portfolios. Build and maintain pro forma financial models to evaluate restaurant viability and future performance. Analyze key business metrics including sales, profitability, occupancy costs, labor, debt obligations, royalties, and cash flow. Identify financial risks and opportunities impacting restaurant sustainability. Present findings and recommendations to franchisees and internal stakeholders. Maintain an active pipeline of portfolio health reviews and intervention plans.
  • Meet regularly with franchisees to discuss restaurant performance, business challenges, and ownership
    objectives. Provide guidance regarding Growth and Expansion opportunities; Multi-unit portfolio planning; Restaurant downsizing; Portfolio restructuring and Exit Planning. Develop customized action plans aligned with franchisee and company objectives. Track and support implementation of agreed-upon business strategies.
  • Manage the closure review process for an assigned territory. Assess alternatives to closure and identify opportunities to improve restaurant viability. Coordinate with cross-functional partners to evaluate available support options. Prepare closure recommendations and supporting business cases.
  • Evaluate requests for short-term financial assistance and closure mitigation incentives. Build supporting business cases and ROI analyses. Negotiate short-term assistance agreements with franchisees. Monitor performance against established support plans and milestones. Track incentive utilization and outcome metrics.
  • Partner closely with the Strategic Growth team to identify franchisees pursuing portfolio reductions or ownership
    transitions. Facilitate referrals of franchisees interested in selling restaurants or exiting the system. Provide financial analysis and business performance information to support transition opportunities. Ensure smooth handoff of qualified opportunities to Strategic Growth partners.
  • Review trade area dynamics and restaurant performance within assigned markets. Evaluate offset agreement opportunities and seed point recommendations. Assess market impacts related to closures, relocations,
    and portfolio changes. Partner Real Estate teams to support strategic market planning. Provide recommendations that balance franchisee success with system optimization objectives

Qualifications:

  • Bachelor's Degree in Business or related field (or equivalent job-related experience).
  • 3+ years of experience in Development, Strategic Growth, or Project Management, or equivalent job-related experience; 3+ years of restaurant industry experience preferred.
  • Strong analytical and financial acumen, with skilled problem-solving and data interpretation.
  • Excellent communication and project management abilities; ability to influence across all levels of the organization.
  • Self-starter who takes initiative to solve problems with a high degree of detail orientation.
  • Proficient in Microsoft Office, Smartsheet, Tableau, and CRM software (e.g., FranConnect).
  • Able to work independently and reliably, as well as within a team, communicating effectively with various stakeholders.
  • Proven track record managing complex, multiple simultaneous projects independently.


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.

Job Details

  • Pay Type: Salary
  • Employment Indicator: Regular

About Subway

Subway is a fast food restaurant chain that specializes in submarine sandwiches and salads. The company was founded in 1965 by Fred DeLuca and Peter Buck and is headquartered in Milford, Connecticut. Subway has over 44,000 locations in more than 100 countries, making it the largest fast food chain in the world by number of locations. The company is known for its customizable sandwiches and healthy options, such as its Fresh Fit menu. Subway is a privately held company and does not disclose its financial information.
Learn more about Subway
Size
450,000 employees
Industry
Founded
2007

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