VP of Real Estate and Development - Restaurant Management Group

Job Description

Job Description

An established award-winning restaurant management group poised for growth is seeking an skilled and experienced Vice President of Real Estate and Development position within a dynamic leadership group in the DFW Metroplex. 500+ restaurants nationwide.

Essential Job Functions

• In this pivotal position, you will play a key role in overseeing the scope and development process, ensuring the success of our expansion initiatives
• Conduct comprehensive site survey reviews and budget assessments
• Develop and manage project milestones and schedules
• Effectively handle permit management and bid qualifications
• Coordinate procurement activities and oversee project awarding
• Provide expert oversight in construction management and contract closeouts
• Work in conjunction with internal and external consultants throughout the process of the projects
• The Development Manager will also participate in ongoing strategic review of company real estate assets
• Prepares Market Development Plans by segmenting markets into smaller trade areas; and create a growth plan for each area that includes targeting parcels for new stores and competitive stores to acquire
• Works with financial models to qualify projects for lease or purchase
• Negotiates Purchase contracts with sellers and leases with Landlords
• Prepares real estate proposals and contracts for management approval
• Initiates and organizes real estate market tours for site selection and market reviews
• Compiles site ride presentations and market summaries
• Manage progress of due diligence activities, entitlement activities, beer and wine applications, escrow closings, etc
• Meet with government officials and attend public hearings
• Coordinate with architects, engineers, attorneys, and other consultants
• Work closely with internal management team to design projects
• Manage portfolio rationalization analysis – compiling valuation and timing strategies
• Ensure compliance with requirements, policies, and regulations
• Perform other duties as necessary

Qualifications

• Bachelor’s degree in Real Estate, Finance, or related field
• Minimum 5 to 7 years’ experience in Commercial Real Estate, Development, Finance or Corporate Real Estate Management with emphasis in the food service industries.
• Working knowledge of broker networks, market valuations for real property and leasehold investments
• Familiarity with Microsoft Teams, SharePoint, Outlook, Word, and PowerPoint
• Self-motivated, self-directed individual with strong organizational skills required
• Requires some travel, including some overnight travel
• Proficiency in Word and Excel required
• Requires a driver’s license and a good driving record

Benefits

Salary: $240,000 - $300,000

Competitive salary commensurate with experience

Medical, dental, and vision insurance plans

Matching 401K contributions

Paid vacation and personal days

Generous dining discounts at company-owned restaurants

ALL INQUIRES ARE 100% CONFIDENTIAL

Since 1998, ResourceOne and its Recruiters have been leaders in the recruiting industry. Recruiting coast-to-coast, we offer personalized services to our clients to help find them their next Great Hire by delivering superior candidates like you! We focus on your needs and present real job openings to you that our clients are hiring for that are often times not advertised anywhere else. We keep your interest confidential and work hard to meet your needs for your next career step.

Company Description

Since 1998, ResourceOne and its Recruiters have been leaders in the recruiting industry. Recruiting coast-to-coast, we offer personalized services to our clients to help find them their next Great Hire by delivering superior candidates like you! We focus on your needs and present real job openings to you that our clients are hiring for that are often times not advertised anywhere else. We keep your interest confidential and work hard to meet your needs for your next career step.