Summary
Director of Real Estate
Description
DIRECTOR OF REAL ESTATE
Farmer Boys is growing its footprint in
California, Arizona, and Nevada. Recently named one of the fastest-growing
burger chains by Restaurant Business magazine (https://pages.winsightmedia.com/index.php/email/emailWebview?md_id=71494) we will continue to build on our high average
unit sales volumes and strong new unit growth. The Director of Real Estate will
work with both our company and franchise teams to identify and secure a robust
pipeline of new Farmer Boys restaurant locations, both purchased and leased.
Essential Functions
- Build and maintain a
pipeline of viable sites for new franchise Farmer Boys drive-thru restaurants
- Develop, deploy, and
manage a strong professional network of real estate brokers
- Use mapping and
demographics tools (Google Maps, SIMMS by Forum Analytics) to research and
analyze each site
- Prepare site tour
books and coordinate tours of sites with Franchisees, key executives, and board
members
- Obtain environmental
and other due diligence reports such as, CC&Rs, REAs and Title reports
- Help Franchisees
prepare a financial analysis proforma
- Help prepare the
Letters of Intent and negotiate the business deal terms
- Prepare site-packages and present them to the Board/Committee for approval
- Help negotiate the Lease
and/or Purchase Agreements in partnership with the Franchisee and real estate
attorney
- Work closely with
architects and/or the Director of Development and Construction to complete the
necessary test fit and site investigation report(s)
- Coordinate (in partnership
with Construction team members) the planning and construction timeline to open
the store
- Prepare and distribute
a monthly Development Team Report
- Attend ACRE, ICSC, and
other functions to promote the Brand and build relationships in the RE brokerage
and development community
- Assist franchisees
with issues they face that require lease interpretation or interaction with the
landlord
- Prepare detailed
information on sites when they open and update the info in Prolease software
- Conduct a Post-Opening
analysis to measure success
Other Skills:
- Demonstrates a high degree of
professionalism in communication, attitude, and teamwork
- Able to use computer programs
such as Word and Excel and able to create packages and presentations
- Able to learn and use mapping
and Sales Forecast software
- Demonstrates high level of
quality work and deals professionally with franchisees and restaurant
personnel
- Adheres to all Company Policies
& Procedures and Safety Regulations and to local, state, and federal
laws
- Performs any other duties that
may be assigned by management
- Understands and complies with
all company rules and regulations
Qualifications:
- Five years of experience in
retail and drive-thru restaurant real estate with a good working knowledge
of leasing and ground-up drive-thru restaurant development.
- Extensive knowledge of the
restaurant industry and market trends
- Demonstrated ability to utilize
sales forecasting methodologies
- Proven ability to build strong
partnerships with business entities within the industry
- Knowledge of markets and
analytical/demographic data for California, Nevada, and Arizona.
Competencies
- Responsiveness
- Adaptability
- Communication
- Decision Making
- Initiative
- Innovation
- Motivator
- Planning and Organization
- Professionalism
- Results Orientation
- Sense of urgency
- Intellectual Curiosity
Physical Requirements
- Must be able to climb stairs
without difficulty
- Able to sit for long periods of
time up to 8 hours a day
- Use Computer and keyboard up to
8 hours a day
- Able to lift, push and pull up
to 25 pounds
- Able to travel extensively
(mainly driving)
Other Duties:
Please note this job description is not
designed to cover or contain a comprehensive listing of activities, duties, or
responsibilities that are required of the employee for this job. Duties,
responsibilities, and activities may change at any time with or without
notice.
DIRECTOR OF REAL ESTATE
Farmer Boys is growing its footprint in
California, Arizona, and Nevada. Recently named one of the fastest-growing
burger chains by Restaurant Business magazine (https://pages.winsightmedia.com/index.php/email/emailWebview?md_id=71494) we will continue to build on our high average
unit sales volumes and strong new unit growth. The Director of Real Estate will
work with both our company and franchise teams to identify and secure a robust
pipeline of new Farmer Boys restaurant locations, both purchased and leased.
Essential Functions
- Build and maintain a
pipeline of viable sites for new franchise Farmer Boys drive-thru restaurants
- Develop, deploy, and
manage a strong professional network of real estate brokers
- Use mapping and
demographics tools (Google Maps, SIMMS by Forum Analytics) to research and
analyze each site
- Prepare site tour
books and coordinate tours of sites with Franchisees, key executives, and board
members
- Obtain environmental
and other due diligence reports such as, CC&Rs, REAs and Title reports
- Help Franchisees
prepare a financial analysis proforma
- Help prepare the
Letters of Intent and negotiate the business deal terms
- Prepare site-packages and present them to the Board/Committee for approval
- Help negotiate the Lease
and/or Purchase Agreements in partnership with the Franchisee and real estate
attorney
- Work closely with
architects and/or the Director of Development and Construction to complete the
necessary test fit and site investigation report(s)
- Coordinate (in partnership
with Construction team members) the planning and construction timeline to open
the store
- Prepare and distribute
a monthly Development Team Report
- Attend ACRE, ICSC, and
other functions to promote the Brand and build relationships in the RE brokerage
and development community
- Assist franchisees
with issues they face that require lease interpretation or interaction with the
landlord
- Prepare detailed
information on sites when they open and update the info in Prolease software
- Conduct a Post-Opening
analysis to measure success
Other Skills:
- Demonstrates a high degree of
professionalism in communication, attitude, and teamwork
- Able to use computer programs
such as Word and Excel and able to create packages and presentations
- Able to learn and use mapping
and Sales Forecast software
- Demonstrates high level of
quality work and deals professionally with franchisees and restaurant
personnel
- Adheres to all Company Policies
& Procedures and Safety Regulations and to local, state, and federal
laws
- Performs any other duties that
may be assigned by management
- Understands and complies with
all company rules and regulations
Qualifications:
- Five years of experience in
retail and drive-thru restaurant real estate with a good working knowledge
of leasing and ground-up drive-thru restaurant development.
- Extensive knowledge of the
restaurant industry and market trends
- Demonstrated ability to utilize
sales forecasting methodologies
- Proven ability to build strong
partnerships with business entities within the industry
- Knowledge of markets and
analytical/demographic data for California, Nevada, and Arizona.
Competencies
- Responsiveness
- Adaptability
- Communication
- Decision Making
- Initiative
- Innovation
- Motivator
- Planning and Organization
- Professionalism
- Results Orientation
- Sense of urgency
- Intellectual Curiosity
Physical Requirements
- Must be able to climb stairs
without difficulty
- Able to sit for long periods of
time up to 8 hours a day
- Use Computer and keyboard up to
8 hours a day
- Able to lift, push and pull up
to 25 pounds
- Able to travel extensively
(mainly driving)
Other Duties:
Please note this job description is not
designed to cover or contain a comprehensive listing of activities, duties, or
responsibilities that are required of the employee for this job. Duties,
responsibilities, and activities may change at any time with or without
notice.
Translate
Skills
Market trends
Restaurant Industry Knowledge
By applying you confirm you have these skills.
Farmer Boys - Support Center
Salary |
$125000 - $170000 / Year
|
Schedule |
Full Time
|
Experience |
Minimum 5
years
of experience
|
We use eVerify to confirm U.S. Employment eligibility.
We run background checks on all new hires in this position.
University Dr, Riverside, CA 92507, USA