Real Estate Manager, Franchise Development (Central US)
$110.5k - $145kYum! Brands
Job Title: Real Estate Manager, Franchise Development
Taco Bell was born and raised in California and has been around since 1962. We went from selling everyone's favorite Crunchy Tacos on the West Coast to a global brand with 8,500+ restaurants, 350 franchise organizations, that serve 42+ million fans each week around the globe. We're not only the largest Mexican-inspired quick service brand (QSR) in the world, we're also part of the biggest restaurant group in the world: Yum! Brands.
Much of our fan love and authentic connection with our communities are rooted in being rebels with a cause. From ensuring we use high quality, sustainable ingredients to elevating restaurant technology in ways that hasn't been done before… we will continue to be inclusive, bold, challenge the status quo and push industry boundaries.
We're a company that celebrates and advocates for different, has bold self-expression, strives for a better future, and brings the fun while we're at it. We fuel our culture with real people who bring unique experiences. We inspire and enable our teams and the world to Live Más.
At Taco Bell, we're Cultural Rebels. Want to join in on the passion-fueled fun? Learn more about the career below.
This role requires current residency within either the Center States including GA, TN, MO, KY, AL.
About the Job:
The Real Estate Manager, Franchise Development is responsible for leading franchise development through new store growth in the Central US region (GA, TN, MO, KY, AL) and drives impact across the Taco Bell business through partnerships with Franchisees. With this role, the opportunities are endless: Partner with Franchisees for market planning, site sourcing, site selection, design, building permitting, and construction guidance. Utilize internal and external partners, including brokers, developers, brand planning, brand design, real estate, and operations to maximize growth opportunities in multiple markets. The Real Estate Manager, Franchise Development will report to the Director of Franchise Development (East).
The Day-to-Day:
- Partner to achieve the US national new store Franchise Development Plan and build a pipeline for future franchise development growth.
- Shepard projects through the Taco Bell Development Approval process.
- Complete and execute plans and strategies for priority markets in designated regions.
- Identify and action against trade areas best suited to urban development.
- Identify opportunities in rural markets to develop small freestanding assets or viable endcaps with drive-thru or inline assets.
- Identify areas where new franchisees are needed and partner with the Franchise Recruiting team to recruit.
- Develop, fill, and maintain the pipeline of new restaurants; Forecast the timeline of new restaurant openings and assess risks.
- Act as owner for designated markets and help lead the broader development team toward the development goals established in those trade areas.
- Engage with the Brand Strategy team to find solutions to development barriers such as impact, growth approval, viable vehicles, etc.
Is this you?
- BS/BA degree in Finance/Accounting/Real Estate; MBA preferred, or equivalent years of experience.
- At least 8 years of development-related experience; franchising or restaurant industry experience with proven ability to break through the existing development complexity a plus.
- High proficiency in MS Excel, Outlook, Word, and PowerPoint required.
- Strong verbal and written communication skills, and ability to effectively influence internal and external stakeholders.
- Exceptional interpersonal and organizational skills.
- Able to travel 30% within the Central US Region.
- Ability to think and act quickly and effectively under pressure while maintaining a calm, professional attitude, even in crisis situations.
- Ability to review and understand financial statements, other legal documents, and ability to understand overarching strategies and restaurant economics.
Work-Hard, Play-Hard:
- Remote work schedule and year-round flex day Friday
- Car allowance and monthly cell phone & internet reimbursement
- Up to 4 weeks of vacation per year plus holidays and time off for volunteering
- Generous parental leave for all new parents and adoption assistance program
- 401(k) with a 6% matching contribution from Yum! Brands with immediate vesting
- Comprehensive medical & dental including prescription drug benefits and 100% preventive care
- Discounts, free food, swag and… honestly, too many good benefits to name
Salary Range: $110,500 to $145,000 annually + bonus eligibility + benefits
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we'll consider your location, experience, and other job-related factors.
At Taco Bell, we Live Más and invite you to do the same. Take a seat at our table. Bring your voice. Bring you, just as you are, a Cultural Rebel. We want you to be your best self!
Taco Bell is proud to be an equal opportunity employer and is committed to equity, inclusion, and belonging for all dimensions of diversity. We do not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other protected characteristic.
Taco Bell is committed to working with and providing reasonable accommodation to applicants with disabilities or special needs.
US Job Seekers/Employees - To view the "Know Your Rights" poster, click here. You may also access Taco Bell's Pay Transparency Policy Statement.
Employment eligibility to work with Taco Bell in the U.S. is required as the company will not pursue visa sponsorship for this position.
California Residents: For more information about the categories of personal information we collect from you and how we use, sell, and share that information, please see our Privacy Notice for California Employees here.
$110.5k - $145k
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