Business Development And Expansion Officer
Job descriptions & requirements
Key Responsibilities
Market Research & Opportunity Identification
- Identify potential geographic areas and markets suitable for new restaurant branches.
- Conduct market research on customer demographics, dining trends, foot traffic, and purchasing behavior.
- Analyze competitor presence, pricing, and positioning within target locations.
Site Identification & Feasibility Analysis
- Source and evaluate potential restaurant sites based on visibility, accessibility, footfall, and commercial viability.
- Conduct preliminary feasibility studies, including cost estimates, revenue potential, and return on investment.
- Prepare location assessment reports and recommendations for management review.
Expansion Planning & Strategy Support
- Support management in developing short- and long-term expansion strategies.
- Maintain a pipeline of potential expansion sites and growth opportunities.
- Track market performance of existing branches to inform future expansion decisions.
Stakeholder & Partner Engagement
- Liaise with landlords, property agents, local authorities, and developers regarding potential sites.
- Coordinate with internal teams such as operations, finance, and marketing during expansion planning.
- Support negotiations related to leases and site agreements (as required).
Reporting & Analysis
- Prepare regular reports on market opportunities, site evaluations, and expansion progress.
- Monitor industry trends and provide insights to management.
- Maintain accurate records of research findings and site data.
Key Skills and Competencies
- Strong analytical and research skills.
- Good understanding of retail or restaurant operations and location dynamics.
- Ability to evaluate commercial viability and interpret financial data.
- Strong communication and presentation skills.
- Negotiation and stakeholder management abilities.
- Ability to work independently and proactively.
Qualifications and Experience
- Bachelor’s degree in Business Administration, Marketing, Economics, Real Estate, or a related field.
- 5 years of experience in business development, expansion planning, retail, or hospitality.
- Experience in site selection or market analysis for restaurants or retail outlets is an advantage.
- Knowledge of local markets and consumer behavior is highly desirable.
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