Reports to : Director of Real Estate
With a projected 1,000 cafes in the United States by 2030,
Paris Baguette is one of the fastest-growing neighborhood bakery cafés in the
world. Our vision is to reestablish the neighborhood bakery café as the heart
of the community around the world. Paris Baguette’s mission is to bring
expertly crafted baked and brewed goods through a warm and welcoming bakery
café experience that delivers joy to everyone.
If you are someone who has heart, wants to spread joy,
nourish community and is ready to rise to the occasion, we are looking for you
to join our growing team!
WHAT WE ARE HUNGRY FOR
We are seeking a Real Estate Manager who will serve as the Paris
Baguette Real Estate expert. This individual will coordinate and manage all
phases and functions of Real Estate; Managing market-specific growth
strategies, new café site acquisition, including real estate administration.
Real Estate Manager will act as the spokesperson for the company in
communications with brokers and landlords and perform and execute all assigned
projects and tasks.
KNOWLEDGE AND RESPONSIBILITIES
Tracks and reports on market progress from initial strategy
through full development.
Develops market penetration strategy in new and existing
markets, consistent with company’s expansion strategy, utilizing
geo-demographic and GIS platforms in conjunction with other forecasting tools
Collaborates with broker network to present new café site
recommendation packages for approval
Negotiates lease and purchases contracts for the acquisition
of approved sites for corporate sites in partnership with Legal Team
Maintains schedule and project management for critical
deadlines within the development period for contracts in partnership with
stakeholders and involved parties
Determines site feasibility and develops pro-forma budget in
collaboration with Accounting Team to ensure contract-related monetary
obligations are met
Coordinates, manages and communicates new café development
schedule and critical dates.
Prepares agenda and reports on real estate issues for weekly
meetings and manages administrative duties, which include coordination between
departments
Maintains documentation, legal instruments, and payment of
bills
Implements a Real Estate Market Plan to ensure continued aggressive
Real Estate growth program
Prepares the Proposed Location Summary to the Real Estate
Committee for review and approval. Prepares projections on estimated sales,
operating margin, profits, return on investment and capital expenditures
Promotes accuracy and timeliness to maintaining a portfolio
of profitable properties; Maintains Option Renewal Book
Investigates city and state licensing requirements to ensure
the company’s compliance in the licensing process. Makes proper and timely
applications for various permits and licenses
Maintains a constant check on café licenses and makes
necessary changes based on town or state ruling
Coordinates all real estate legal documentation with legal
counsel to ensure accuracy.
Negotiates lease terms and extensions and coordinates with
Operations, Finance and Legal on final draft of lease agreements. Coordinates
terms, conditions and timing to assure targeted opening of a café, transfer of
a Café to Franchise, or closing of an existing cafe
Represents the Real Estate Department when required at all
hearings regarding licenses and permits
Handles the sale / lease of any Company property, including
screening of tenants, negotiating lease and obtaining approvals necessary from
landlords
Provides needed information / documentation to Attorneys,
Engineers, and Brokers in matters concerning licensing or leasing
Other duties may be assigned.
WHAT YOU NEED TO HAVE
- QSR / Fast-casual restaurant experience, required
- Bakery / Café experience preferred
- Franchise experience, specifically working with franchisees
to find sites through local brokers, required
- Must reside within driving distance of Northern New Jersey
- At least, 5+ years of experience in Commercial Real Estate
- Knowledge of and ability to utilize geo-demographic and GIS
platforms
Knowledge of site development, real estate trends, and
practices
- Experience with prototypical restaurant development
- Microsoft Proficient : Excel, PowerPoint, and Word
- Flexible, adaptive, upbeat, open and visible work style,
with a successful track record of supporting operations leaders across a large
geographically decentralized portfolio.
Passion for people! Dynamic and engaged leader who has a
passion for empowering, inspiring, motivating & developing team members and
franchisee relationships.
Exceptional organizational and communication skills with the
ability to effectively balance priorities and deliver results in a fast-paced,
ever-changing, and highly entrepreneurial environment.
Feedback is a gift! Ability to provide constructive feedback
and recognition to every member of the organization, along with Franchisees, to
ensure we have an open and transparent culture of high-performance standards.
High emotional intelligence with the ability to work with,
and support diverse teams by being highly empathetic, intuitive, self-motivated
and driven.
Teams Win! Has to be a team player who fosters a
collaborative and engaged team work environment.
Being a Brand Ambassador, with an excellent knowledge of and
commitment to Paris Baguette’s Mission, Vision, Brand Values and Culture.
Love of travel! Ability to commute to all current Corporate
and Franchise locations, as well as proposed openings.
SWEET BENEFITS
- Competitive compensation
- Free Cake for your Birthday
- Medical, Dental, Vision benefits
- 401K Retirement Plan
- Paid time off, paid Holidays
- High Performance Culture