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Job Title: Sr.Real Estate Representative-DC/Northern VA
Job Location: DC: Wa****ngton
Pay Rate: Open
Job Length: full time
Start Date: 2008-03-25
Company Name: 7-Eleven
Contact: Recruiter
Phone: email only please
Fax: email only please
Description: Sr.Real Estate Representative-DC/Northern VA
Job ID: 1285 Location: DC - Wa****ngton
Position Category: Store Sup****t Center-Cor****ate
Job Type: Full Time
Education Required: Bachelors Degree
Experience Required: 2 - 5 years
Relocation Provided:
Position Description POSITION PURPOSE To be an active participant of the
Division real estate team that seeks to expand the 7-Eleven brand through
opening of new stores to achieve the companys market concentration and
store base improvement objectives. The primary roles will be to assist in
building network plans that: i) identify, evaluate, and convert site
op****tunities (existing c-store businesses, vacant property, etc.) into
profitable 7-Eleven stores, and ii) seek to improve the quality of the
existing store base. Position Requirements DUTIES AND RESPONSIBILITIES
1.Market Planning - Works with the Division RE Manager to create network
plans that are integrated into comprehensive, strategic, metro area
business plans. Analyzes market potential by researching demographic
variables, pedestrian/traffic counts and other activity generators
relative to strength and number of competitors, and projects growth
op****tunities. Drawing upon operations experience, understands local
market conditions and development environment to build opening plans in
sup****t of new store growth targets. In addition to adding stores to build
market concentration, network plans also include making recommendations
regarding improving the existing store base: i) parking lot expansions,
ii) increased visibility or access, iii) gas adds, iv) major remodels or
scrape and rebuilds, v) relocations to better locations in the trade area
and etc. 2.Trade Area Analysis & Execution - Builds detail trade area
plans identifying potential "hot spots" from analysis of demographics and
competitive factors using GIS (mapping) system. Executes the plan by
conducting site visit to visually inspect op****tunity, drive the trade
area to *****s the accuracy of the data in representing the business
environment and potential op****tunity. Hand collect data necessary for
evaluating trade area and individual site business potential (sales
forecast, site scorecards). Data collected to include pedestrian and
vehicle counts by day part, site and facility characteristics, and level
of competition in trade area. This is critical to developing an accurate
forecasting model. 3.Business Evaluation & Lead Generation -
Identifies and evaluates existing convenience stores and similar retail
businesses that fit within market development and network plans. *****ses
existing sites viability, then gauges owners interest in selling or
converting their business. 4.Franchising (for Business Conversions) -
Build a pipeline of BCP sites by visiting conversion candidates at their
place of business in order to explain the advantages of the 7-Eleven
business system and *****s their operation. Conduct franchise open houses
and give presentations to trade associations and affinity groups.
Distribute franchise materials to interested parties. Manage the BCP
qualification process by reviewing applications and conducting various
business checks. Administer and evaluate results from Franchise
Qualification tests. Present, explain and verify understanding of the
Uniform Franchise Offering Circular (UFOC). Review business plans
submitted by applicants for reasonableness of projections. Identify
problems with business plan and provides guidance to applicants to
improve/adjust business plan projections. Determine whether applicants
should continue through the qualification process. Work closely with
Construction, Training, Operations, Merchandising, Accounting, Tax and
Legal to coordinate all elements of the changeover process. 5.Presentation
of New Site Op****tunities - Prepares materials necessary to gain operations
approval of the site. Prepares new store packages seeking managements
approval which will highlight the benefits and risks of the op****tunities
including expected financial performance, reasons for expected
performance, and downside risks. Defends recommendations to management as
needed. 6.Store Development & Project Management - Works across
functions to ensure new stores are opened in a timely manner within budget
guidelines. Works with : .Local govt authorities, Community Rela
tions, 3rd party experts, Operations and Construction on a multitude of
permitting and licensing issues .Franchise & Market Managers to ensure
theyre aware of the pipeline and timing of openings .Construction and
Facilities to ensure construction and remodels stay on track .Pipeline
management - update data on sites to insure that pipeline status is
adequately represented 7.Transaction & Deal Making - assist Real
Manager and brokers with negotiating terms Letters of Intent, as well as
Purchase Contract or Lease terms. *****s BCP candidates lease terms for
consistency with business system 8.Property Management - Manages &
Negotiates Leases, Purchase Contracts, renewals, options, amendments,
eminent domain/ROW cases, easements, Estoppels, Subordination &
Attornments and annexations. Ensures compliance and enforcement with
Leases and other property agreements and property rights. Responds to
Facilities and Operations requests to research responsible party on Leased
properties related to repairs, remodels, code violations, etc. Manages
non-operating properties, closed stores, subleases, rental units,
excess/surplus properties, office & warehouse/storage space. Maintains
property files. Approves invoices. Reviews viability of property for
capital appropriations. Assist with do***entation for franchisee
changeover. Manages closed to account/budget for daily mis-keys.
Coordinates with municipalities & internal Departments for compliance
issues. Corresponds with SSC Real Estate Services personnel requests.
9.Performs other related duties as requested by management. EDUCATION AND
EXPERIENCE Position requires either a Bachelors degree or requisite years
of field experience. With degree, minimum of two years experience in
convenience store operations required. Must have knowledge of key business
activities and understand underlying businesses processes. Position
requires 3-5 years of combined operations and other experience, including
managing people and projects. TRAVEL Position requires frequent travel by
automobile, from 20 to under 30 hours per week to review recommended sites
for new store development and by airline, with a minimum of 3 -4 trips per
year, with overnight business stays from 6 - 10 nights per year depending
on how disperse geography of territory is relative to network planning and
growth objectives.
Please refer to Job code 7eleven-3284 when responding to this ad.
For FASTEST PROCESSING of your resume, please visit
http://www.jobcircle.com/classifieds/1244707.html?source=ng
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online.
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