Manager, Real Estate - Franchising

at Potbelly Sandwich Works, LLC in Chicago, Illinois, United States

Job Description

Manager, Real Estate - Franchising Chicago, IL

Earn up to $120k per year + bonus!
Potbelly Sandwich Shops, where Good Vibes and Great Careers are a way of life! Come Build the Potbelly Nation with us.
Potbelly got its start in 1977 as a small antique store that turned into a lines-out-the-door neighborhood sandwich shop. Before you knew it, we were serving up delicious food in a fun environment at more than 400 shops across the United States.
We continue to wake up every day with one goal: Make people happy through good vibes and delicious craveable food. Put those awesome ingredients together, and there's no telling what we'll cook up next!
Medical, Dental, Vision, Domestic Partner Benefits, Spouse & Children Benefits, 401k with a match, Flexible Spending Account, Paid Time Off, Incentive Bonus Plan, Paid Holidays, Short-Term Disability, Long-Term Disability, Life/AD&D Insurance, Home office allowance, Cell phone allowance, Internet allowance, mileage reimbursement, AMEX travel card provided.

Job Title:  Real Estate Manager
Department/Function: Franchise Development
Location: Field
Reports to: Vice President of Franchise Development
Job Level: Full-Time
Job Band: Manager
Exempt
Nonexempt
Travel Requirements: Frequently

GENERAL DESCRIPTION
Support the development of franchise SDAs through all activities and collaboration needed to onboard new franchisees, facilitate/execute the Market Plan, identify real estate, prepare site submissions to present to Senior Leadership for site approval. Has expertise of the real estate environment, competitive landscape, and economic environment to ensure growth targets are achieved. Ability to foster strong relationships with franchisees and ensure timely delivery/opening of shops as outlined in the franchise SDAs. Ability to collaborate and work cross functionally through the Shop Development cycle including Operations, Design and Construction including all activities pursuant to new shops.

FOCUS
Responsibilities
Responsibility for onboarding new franchisees, supporting existing developing franchisees, executing the Market Plan, and
Provide developing Franchisees with necessary tools and templates
Assist in the sourcing and vetting of brokers to support franchisees (where needed)
Selection and identification of new sites
Utilize our milestone and task platform (Franconnect) to ensure successful shop openings and franchise experience.
Lead collaboration efforts with construction and design teams to effectively and efficiently achieve budgeted shop opening goals
Develop, Maintain and Manage established relationships essential to the ongoing execution of the development program including brokers, landlords, and stakeholders responsible for the Potbelly Growth Strategy
Conduct weekly check-ins with developing franchisees/brokers and maintain activity tracker that aligns to defined targets/goals
Plan and conduct effective in-market visits with Franchisee, broker and added levels of management as necessary
Lead site approval process, including the sourcing of all materials to present and receive approval from Real Estate Committee. Present potential locations following established analysis and evaluation process.
Participate in company market planning and real estate strategies to enhance development program processes and performance
Other duties as assigned.

Traits
Highly motivated, organized and goal oriented.
Real Estate market knowledge and insights
Ability to handle high volume of projects at once
Strong communication, interpersonal and networking skills
Process-oriented
Strong financial orientation and understanding of what drives long-term financial health
Consensus-builder
Problem-solver
Flexible and open to possibilities, feedback, and the need to course correct when needed
Oriented toward serving others in the organization
Disciplined

Success Measurements
Meet or exceed delivery of franchise shops commitments- from lease control to opening - as outlined in the Franchise SDA
Continually adapting and improving systems/processes that contribute to a rapidly growing franchise organization
Overall Company Performance

Expectations of the Incumbent
Decisions and actions that are consistent with our core values
Focus and dedication to the needs of the organization and franchisees
Active engagement and involvement with cross-functional teams including thoughtful discussion, fact-finding, analysis and interpretation, and spirited collaboration.
Active, in-the-field, involvement in the duties of the job and oversight
Finding great shops as dictated by the Market Plan in primary trade areas with favorable site attributes and deal terms.... For full info follow application link.

We’re an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, or disability status.