Position DescriptionThe Senior Real Estate Manager will work with 1-2 brands within the Flynn organization and will be responsible for leading Flynn's new development activities, setting and monitoring the standards for all development and achieving the company's annual and long-term new restaurant development targets. This position achieves strategic growth objectives by driving development, communication, and execution of the overall market growth plan, collaboratively managing new site pipelines along with effectively leading the development efforts across disciplines. The Real Estate Director is responsible for updating the Long-Range Growth Plan annually seeking innovative opportunities to accelerate profitable new restaurant growth for the brand they support. A successful candidate is highly organized, efficient, able to communicate well, and is highly skilled and adaptable with technology.
Responsibilities- Develop, maintain, and implement a comprehensive, strategic market plan for specific brand and territory and handle bold new store growth goals.
- Maintain strong market knowledge and an understanding of the specific brands coverage gaps, target markets, trends, projected home/work/shop growth, competition, and other factors that build real estate opportunities
- Handle network of real estate brokers to identify potential sites for new restaurant development and relocations.
- Conduct sites tours with operations and real estate team as needed as well as working with Real Estate Director to obtain executive approval on new projects.
- Prepare new restaurant site packages for presentation to the Real Estate Committee; Presentation shall include a decision logic, maps, aerials, demographics, competitor analysis, sales forecast, return metrics, impact analysis, and real estate deal points.
- Partner with coordination and construction teams to ensure project moves efficiently through due diligence, entitlements, and construction phases. Real estate stays with the project through opening and beyond.
- Be responsible for lease renewal negotiations for the brands existing portfolio.
- Participate in weekly development department project status meetings and lead associated critical dates.
Qualifications- 7+ years' retail deal-making experience preferred
- Comprehensive and proficient understanding of single-tenant real estate site selection and acquisition
- Resourceful at identifying and evaluating restaurant site locations (availability, access, population trends, sales potential, and competition.)
- Very strong computer skills, including Microsoft Office Suite a must.
- BA/BS degree in a real estate or business subject area strongly preferred
- Ability to travel up to 50% of time
- Proven abilities in legal contract negotiation and administration
- Proactive, innovative, and critical thinking/project manager
- Strong written and verbal communication
- Excellent interpersonal, persuasion and partnership skills.
- Willingness to be flexible, adaptive, and to operate in a multifaceted, fast paced environment.
