1. Market Research Gather Information And Analyze To Develop A Thorough Understanding Of Micromarkets/ Catchments Via The Following: Demographics Population Density Households Purchasing Power Etc
2. Footfall Count & Drivers Transit Accessibility Institutions Businesses Nearby Etc
3. Footfall Patterns Across Day Parts And Across Days Of The Week
4. Research Retail Brands Present There And Understand Their Business Dynamics
5. Rental Benchmarking
6. Property Assessment Gather Information And Assess The Property To Understand Its Strengths And Challenges
7. Property Attributes Dimensions And Layout To Assess Seating Capacity
8. Availability Of Services And Challenges
9. Property Quality Age Construction Etc. Run The Real Estate Evaluation Model To Arrive At Property Score
10. Proposed P&l
11. Presentation For Board Approval Property Acquisition Liaison With Landlord And Legal Team To Acquire The Property For the company
12. Letter Of Intent Execution
13. Lease Agreement Execution
14. Registration
Requirements
- Graduation in any stream
- Prior experience in sourcing properties for the retail or restaurant industry
- Must currently be in the location applied for
Property acquisition, Market research for expansion