POSITION SUMMARY:

Responsible within assigned territory (s) for identifying, recommending, and qualifying potential real estate properties for future Qdoba restaurants, meeting company and franchise development goals and for managing the existing real estate portfolio of restaurants, ensuring conformance with company and franchise market plans.

KEY DUTIES/RESPONSIBILITIES:

• Administers the overall Market Plan for Company and Franchise restaurant site development which includes: compiling and analyzing trade area and site demographics, assessing present and anticipated commercial retail activity, traffic volume, visibility and ease of access, performs projected sales analysis, assembles and presents real estate site packages to the Real Estate Committee (REC).
• Partners with various departments and agencies to ensure the timely execution of contractual obligations to obtain all necessary permits. Negotiates contracts for new restaurant sites with attorneys, brokers, developers and principals in various real estate transactions, while effectively communicating with the Real Estate Legal department.
• Participates in trade shows and civic organizations (ICSC, public hearings, chamber of commerce, etc.) to increase and enhance the publics awareness and image of Qdoba.
• Working cross functionally with Franchise sales, Identifies franchise development territories based on market potential. Consults, guides, trains, and assists Franchisees in site selection and development, market planning, asset planning, with the preparation/presentation of real estate site packages to REC.
• Secure existing assets by negotiating lease renewals, restructure leases to optimize returns, manage brokers with sales/subleases of surplus property in the best interest of the company. Prepares memos for senior management approval to include relevant detailed facts from analyst /broker to justify proposals.
• Interacts with Operations and Franchise Business consultants to ensure that communication with the franchisees is delivered in a symbiotic manner.
• Identifies relocation/ expansion/remodel/rebuild opportunities of current restaurant locations, negotiating appropriate contracts as needed and preparing presentations with required documentation for REC
• Performs other related duties, tasks and responsibilities as required, assigned and directed.

QUALIFICATIONS:

Education - Bachelors degree or equivalent, preferably in Real Estate, Business Administration or Finance.

Experience 5+ years corporate or commercial real estate experience; multi-unit retail tenant or landlord representation preferred.

Skills/Knowledge/Abilities

• Knowledge of commercial real estate that includes market planning, site evaluation, city/county/state regulations, building and permitting process, traffic flow, easements, etc.
• Highly proficient in deal economics and contract negotiation for restaurant sites.
• Ability to effectively resolve financial and contractual issues and disputes.
• Ability to develop positive and effective business relationships.
• Strong oral and written English communication skills.
• Excellent negotiation skills, interpersonal skills, and organization skills
• Self motivated with strong time management skills.
• Demonstrates integrity and ethical behavior.

Physical Requirements - Ability to speak/hear clearly in person and on the telephone. Ability to travel approximately 30%-40% of time as business needs require. Ability to operate a computer keyboard.

REASONABLE ACCOMMODATION:

QDOBA Mexican Eats will make reasonable accommodations to allow a qualified individual with a disability to enjoy equal employment opportunities and to perform the essential functions of the job. This position description should be applied accordingly

Pay Range: $89,800-$105,600

CA Notice of Collection: