Network Company President (Multi-Unit Restaurant) - Baltimore Metro Area

Teamshares

$90K — $120K *
Food & Beverages
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in restaurant operations
  • Proven track record managing high-volume, multi-unit restaurant locations
  • Strong leadership abilities with effective communication skills
  • Entrepreneurial spirit with a desire for innovation
  • Demonstrated project management and problem-solving capabilities
  • Strong business acumen with analytical skills
  • Capacity to prioritize and delegate tasks effectively

Responsibilities

  • Serve as president of a multi-location restaurant business
  • Create and execute all business strategies and manage P&L
  • Lead and develop a team of employee owners
  • Collaborate on financial decisions with the bookkeeper
  • Drive business growth through marketing and product development
  • Manage HR responsibilities and employee performance
  • Analyze business practices to improve team growth and efficiency
  • Build relationships with the community, customers, and vendors
  • Guide the transition to employee ownership

Benefits

  • Equity stake in both the network company and Teamshares
  • Ongoing business and leadership development training
  • Access to quality medical, dental, and vision benefits
  • Paid parental leave
  • Competitive salary and benefits
Full Job Description
We are looking for an entrepreneurial business leader who wants to serve as the Small Business President/CEO of one of our network companies in the Baltimore, MD metro area in the restaurant industry with 4 locations. As a Teamshares network company president, you'll be responsible for increasing profitability and successfully transitioning the business to employee ownership. You'll run and work IN the business, including owning full P&L responsibility, business strategy, and operations. Additional information (https://www.teamshares.com). What You Will Do:
  • Serve as president of a small business in the restaurant industry with multiple full-service locations
  • Determine/be responsible for all business strategy, operations, and P&L management
  • Lead an experienced team of existing employee owners
This includes:
  • Collaborating on Financial Decisions: Work closely with the bookkeeper to make informed decisions about ongoing expenses and capital purchases, optimize efficiencies, and develop business metrics.
  • Driving Business Growth: Lead efforts to grow the business through marketing, outreach, and the development of new product lines and accounts.
  • Managing HR and Personnel Matters: Handle HR responsibilities, including staff disputes, employee performance evaluations, job reviews, raises, and bonuses.
  • Analyzing Business Practices: Analyze current business methods and practices, and promote opportunities for team development and growth.
  • Relationship management: invest in your local community, and build strong relationships with customers, vendors, and partners.
  • Transitioning to Employee Ownership: Collaborate with Teamshares and fellow shareholders during the transition to employee ownership, coaching and partnering to instill an owner's mindset that drives better business outcomes and fosters a positive company culture.
  • Leading Growth Initiatives: Act as a growth leader, working with employee-owners to improve company operations and expand revenue opportunities.
What You Have:
  • A strong background in restaurant operations, with a demonstrated ability to manage high-volume, multi-unit locations, ensuring operational excellence, staff coordination, and seamless service delivery across all units.
  • Proven capability to prioritize and delegate tasks based on urgency and impact, ensuring critical issues are addressed efficiently while maintaining a focus on long-term operational goals.
  • Clear Communication and Collaboration: Ability to communicate effectively, solve problems, and foster constructive collaboration with all employees.
  • Demonstrated Leadership Skills: Proven people leadership abilities through previous work experiences, with strong interpersonal and communication skills and a low-ego approach.
  • Entrepreneurial Mindset: Possess an entrepreneurial spirit with a desire to build and innovate.
  • Project Management and Problem-Solving: Proven project management and problem-solving skills, coupled with a humble, hands-on, get-it-done attitude.
  • Business Acumen: Strong business acumen and analytical skills to oversee company financials and develop effective business strategies.
  • Growth Mindset: Embrace a growth mindset, with a willingness to explore new ideas, learn from mistakes, and innovate.
  • Agility and Flexibility: Demonstrate an open, agile mind, equally adept at thinking creatively and critically, with a flexible and generous spirit and a natural bias toward action.
  • Strategic Partnership: Ability to partner with stakeholders to establish a clear vision, define measurable KPIs, and develop strategies to achieve financial goals.
As President of a Teamshares network company, you will receive:
  • Equity stake both in the network company and in Teamshares
  • Competitive salary and benefits
  • Ongoing business and leadership development training throughout your tenure
  • Access to quality medical/dental/vision benefit plans
  • Paid parental leave

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