Job Description
Reports to: Director of Real Estate
With a projected 1,000 cafes in the United States by 2030, Paris Baguette is one of the fastest-growing neighborhood bakery cafs in the world. Our vision is to reestablish the neighborhood bakery caf as the heart of the community around the world. Paris Baguette's mission is to bring expertly crafted baked and brewed goods through a warm and welcoming bakery caf experience that delivers joy to everyone.
If you are someone who has heart, wants to spread joy, nourish community and is ready to rise to the occasion, we are looking for you to join our growing team!
WHAT WE ARE HUNGRY FOR We are seeking a Real Estate Manager who will serve as the Paris Baguette Real Estate expert. This individual will coordinate and manage all phases and functions of Real Estate; Managing market-specific growth strategies, new caf site acquisition, including real estate administration. Real Estate Manager will act as the spokesperson for the company in communications with brokers and landlords and perform and execute all assigned projects and tasks.
KNOWLEDGE AND RESPONSIBILITIES - Tracks and reports on market progress from initial strategy through full development.
- Develops market penetration strategy in new and existing markets, consistent with company's expansion strategy, utilizing geo-demographic and GIS platforms in conjunction with other forecasting tools
- Collaborates with broker network to present new caf site recommendation packages for approval
- Negotiates lease and purchases contracts for the acquisition of approved sites for corporate sites in partnership with Legal Team
- Maintains schedule and project management for critical deadlines within the development period for contracts in partnership with stakeholders and involved parties
- Determines site feasibility and develops pro-forma budget in collaboration with Accounting Team to ensure contract-related monetary obligations are met
- Coordinates, manages and communicates new caf development schedule and critical dates.
- Prepares agenda and reports on real estate issues for weekly meetings and manages administrative duties, which include coordination between departments
- Maintains documentation, legal instruments, and payment of bills
- Implements a Real Estate Market Plan to ensure continued aggressive Real Estate growth program
- Prepares the Proposed Location Summary to the Real Estate Committee for review and approval. Prepares projections on estimated sales, operating margin, profits, return on investment and capital expenditures
- Promotes accuracy and timeliness to maintaining a portfolio of profitable properties; Maintains Option Renewal Book
- Investigates city and state licensing requirements to ensure the company's compliance in the licensing process. Makes proper and timely applications for various permits and licenses
- Maintains a constant check on caf licenses and makes necessary changes based on town or state ruling
- Coordinates all real estate legal documentation with legal counsel to ensure accuracy.
- Negotiates lease terms and extensions and coordinates with Operations, Finance and Legal on final draft of lease agreements. Coordinates terms, conditions and timing to assure targeted opening of a caf, transfer of a Caf to Franchise, or closing of an existing cafe
- Represents the Real Estate Department when required at all hearings regarding licenses and permits
- Handles the sale/lease of any Company property, including screening of tenants, negotiating lease and obtaining approvals necessary from landlords
- Provides needed information/documentation to Attorneys, Engineers, and Brokers in matters concerning licensing or leasing
- Other duties may be assigned.
WHAT YOU NEED TO HAVE - QSR/Fast-casual restaurant experience, required
- Bakery/Caf experience preferred
- Franchise experience, specifically working with franchisees to find sites through local brokers, required
- Must reside within driving distance of Northern New Jersey
- At least, 5+ years of experience in Commercial Real Estate
- Knowledge of and ability to utilize geo-demographic and GIS platforms
- Knowledge of site development, real estate trends, and practices
- Experience with prototypical restaurant development
- Microsoft Proficient: Excel, PowerPoint, and Word
- Flexible, adaptive, upbeat, open and visible work style, with a successful track record of supporting operations leaders across a large geographically decentralized portfolio.
- Passion for people! Dynamic and engaged leader who has a passion for empowering, inspiring, motivating & developing team members and franchisee relationships.
- Exceptional organizational and communication skills with the ability to effectively balance priorities and deliver results in a fast-paced, ever-changing, and highly entrepreneurial environment.
- Feedback is a gift! Ability to provide constructive feedback and recognition to every member of the organization, along with Franchisees, to ensure we have an open and transparent culture of high-performance standards.
- High emotional intelligence with the ability to work with, and support diverse teams by being highly empathetic, intuitive, self-motivated and driven.
- Teams Win! Has to be a team player who fosters a collaborative and engaged team work environment.
- Being a Brand Ambassador, with an excellent knowledge of and commitment to Paris Baguette's Mission, Vision, Brand Values and Culture.
- Love of travel! Ability to commute to all current Corporate and Franchise locations, as well as proposed openings.
SWEET BENEFITS - Competitive compensation
- Free Cake for your Birthday
- Medical, Dental, Vision benefits
- 401K Retirement Plan
- Paid time off, paid Holidays
- High Performance Culture
Paris Baguette
Job Tags
Holiday work, Contract work, Casual work, Local area, Flexible hours,