Sr. Real Estate Manager
Sr. Real Estate Manager
Zaxby's Franchising LLC
United States
See who Zaxby's Franchising LLC has hired for this role
The Zaxby’s Support Center is looking for a Sr. Real Estate Manager to join the Franchise Development team. The Real Estate Manager is responsible within assigned territory(s) for identifying, recommending, and qualifying potential real estate properties for Zaxby’s restaurants to meet company and franchise development goals, and for managing the existing real estate portfolio of restaurants; ensures conformance with company and franchise market plans.
As we continue to grow, our strategies have set us up for success to be the top offering in Chicken Fingerz, Boneless Wings and Zalads. We’d love to have you as part of our team!
This position is field-based in the Southwest region and requires 60% travel.
Benefits Include:
- Medical, Dental and Vision insurance
- Company-paid Short and Long-Term Disability insurance, Basic Life and Critical Illness insurance
- 401K participation
- 50% off meal discount at company-owned locations
- Child Care Assistance Plan
- Education Assistance Program
- Parental Leave
- PTO and Company Holidays
ESSENTIAL JOB FUNCTIONS
Essential duties may include but are not limited to the following:
- Administers the overall Market Plan for Company and Franchise restaurant site development, including: compiles and analyzes data on the desirability of sites in terms of present and anticipated commercial activity, area demographics, traffic flow, projected sales, ease of access, and projected sales analysis, and assembles and presents real estate site packages to the Real Estate Committee (REC)
- Manages broker network across defined territory for use in conjunction with both Company and Franchisee growth
- Partners with various departments and agencies to ensure the timely execution of contractual obligations to obtain all necessary permits; negotiates contracts for new company restaurant sites with attorneys, brokers, developers and principals in various real estate transactions, and ensures effective communication with the legal department
- Participates in trade and civic organizations (public hearings, Chamber of Commerce, etc.) to increase and enhance the public’s awareness and image of Zaxby’s
- Identifies franchise development territories in conjunction with the overall Market Plan; consults, guides, trains, and assists Franchisees/Franchisees in site selection and development, Market Planning, asset planning, and preparation/presentation of real estate site packages to REC
- When required, negotiates lease extensions, renewals, lease options, and the sale/sublease of property to ensure appropriate occupancy cost, improve competitive position, and execute in the best interest of the Company; prepares memos for senior management approval to include relevant detailed facts from analyst/broker to justify rationale
- Identifies expansion or remodel/rebuild opportunities of current restaurant locations; negotiates lease extensions (when required) and prepares the presentation with required documentation for presentation to REC
- Performs other related duties, tasks and responsibilities as required, assigned and directed
KEY COMPETENCIES
- Knowledge of commercial real estate that includes market planning, site evaluation, city/county/state regulations, building and permitting process, traffic flow, easements, shopping center declarations, etc.
- Highly proficient in deal economics and contract negotiation for retail or quick service restaurant sites, including ground leases, build to suit and purchase contract.
- Ability to identify potential and relevant sites that may not currently be listed with a broker or identified as being readily available for sale
- Ability to effectively resolve financial and contractual issues and disputes
- Ability to develop positive and effective business relationships
- Strong oral and written English communication skills
- Excellent negotiation skills, interpersonal skills, and organization skills
- Self-motivated with strong time management skills
- Demonstrates integrity and ethical behavior
- Proficiency in Microsoft Office Suite
EDUCATION AND EXPERIENCE GUIDELINES
- Education: Bachelor’s degree, preferably in Real Estate, Business Administration or Finance; or equivalent combination of education and experience
- Experience: 6-8 years of franchise real estate experience
SALARY RANGE:
$130,000 - $155,000
Zaxby’s Franchising LLC is an equal opportunity employer and does not discriminate in employment decisions based on any factor protected by federal, state or local law.
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Seniority level
Mid-Senior level -
Employment type
Full-time -
Job function
Sales and Business Development -
Industries
Restaurants
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Inferred from the description for this job
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Medical insurance -
Dental insurance -
Vision insurance -
401(k) -
Child care support
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