Business Development Property Acquisition (Retail Store Expansion)
Business Development Property Acquisition (Retail Store Expansion)
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Job Description
Job Description: Business Development Manager Retail Expansion
About Chemist Box Private Limited: Chemist Box Private Limited a prominent multi-outlet retail pharmacy chain in Bihar With 14-15 physical stores with massive expansion plan.
Job Title: Business Development Manager Retail Expansion
Department: Business Development
Location: Patna
Job Summary:
The Business Development Manager Retail Expansion is responsible for identifying evaluating and securing new retail locations to support the companys growth strategy. This role focuses on market analysis location scouting lease negotiations and building strategic partnerships to drive footprint expansion in targeted regions.
Key Responsibilities:
Retail Expansion Strategy:
Develop and execute strategies to expand the companys retail presence in new and existing markets.
Conduct feasibility studies and ROI analysis for potential store locations.
Market Research & Analysis:
Analyse retail trends consumer demographics competitor activity and market saturation to identify high-potential areas.
Create detailed business cases and reports to support expansion decisions.
Site Identification & Acquisition:
Scout identify and assess potential retail locations (malls high streets standalone units).
Coordinate with brokers landlords and local authorities for site visits and approvals.
Lease Negotiation & Contracts:
Lead negotiations on lease terms rent and other legal/financial aspects.
Liaise with legal and finance teams to ensure all agreements are aligned with company policies.
Stakeholder Collaboration:
Work closely with operations marketing and design teams to ensure successful store openings.
Maintain relationships with real estate partners developers and government bodies.
Project Management:
Oversee timelines budgets and execution for new store launches.
Ensure on-time delivery and operational readiness of new retail outlets.
KPIs/Performance Metrics:
Number of new store locations opened
Time-to-launch for each location
ROI of new stores opened
Lease cost efficiency and negotiation success
Market penetration and sales performance post-launch
Requirements
Key Skills & Qualifications:
Bachelors degree in business Marketing or related field (MBA preferred).
1-3 years of experience in retail expansion or business development.
Strong understanding of the retail landscape real and consumer behaviour.
Excellent negotiation communication and presentation skills.
Proficient in MS Office GIS tools and CRM software.
Ability to travel frequently and work in a fast-paced environment.
Benefits
Salary: Up to 600000 per year
Required Skills:
Job requirements Must have: Ideal candidate should have 2- 5 years industry experience Travel is mandatory. Any Graduate Competencies: Right Attitude Good negotiation skills Entrepreneurial thinking mindset: Self-motivated and self- directed with an ability to think innovatively. Passion for Results: High degree of commitment. Superior analytical evaluative and problem-solving abilities. High degree of personal integrity and strong ability to work collaboratively and effectively in a fast-paced flexible team based environment. Needs good knowledge of Microsoft PowerPoint. Job Type: Full-time
Required Education:
MBA
Employment Type
Full Time
Company Industry
Freight and Package Transportation / Transportation / Logistics /
