Business Development Specialist
Job Summary
Responsible for identifying and securing strategic locations for new retail stores, negotiating lease terms with property owners and mall administrators, and supporting the company's expansion plans. The role involves conducting site assessments, evaluating potential locations, and building relationships with landlords, mall leasing teams, and commercial property representatives.
Responsibilities
- Identify potential locations for new retail stores
- Conduct site inspections and evaluate foot traffic
- Coordinate with landlords regarding lease terms
- Build and maintain relationships with property owners
Required Skills
- Bachelor's degree in business or related field
- 1–2 years of experience in business development or leasing
- Strong negotiation and communication skills
- Proficient in Microsoft Office or Google Workspace
Job Details
Key Responsibilities
Site Hunting: Identify potential locations for new retail stores in malls, commercial buildings, and high-traffic areas.
Location Assessment: Conduct site inspections and evaluate foot traffic, accessibility, visibility, target customers, and competition.
Lease Negotiation: Coordinate with landlords and mall leasing teams regarding rental rates, lease terms, deposits, and other requirements.
Business Development: Build and maintain relationships with property owners, brokers, mall administrators, and leasing representatives.
Market Research: Monitor competitors, rental rates, market trends, and potential areas for business expansion.
Financial Evaluation: Prepare location proposals and assess rental costs and potential sales opportunities.
Documentation: Prepare and organize lease proposals, contracts, permits, and other required documents.
Coordination: Work with Management, Operations, and other departments to ensure smooth store opening and site development.
Reporting: Provide regular updates on prospective locations, negotiations, and expansion opportunities.
Qualifications
Bachelor's degree in business administration, Marketing, Real Estate Management, or a related field.
At least 1–2 years of experience in business development, site acquisition, retail expansion, leasing, or real estate.
Experience dealing with mall leasing offices, commercial landlords, or property brokers is an advantage.
Strong negotiation, communication, and interpersonal skills.
Knowledgeable in market research, location assessment, and basic financial analysis.
Willing to conduct fieldwork and travel to different locations.
Proficient in Microsoft Office or Google Workspace.
Self-motivated, organized, and results oriented.