Your resume and cover letter, tailored to exactly what they’re hiring for.
Get past ATS filters
Job summary
heytea is looking for a strategic Site Acquisition professional to join our team in Greater London, United Kingdom. The role involves conducting market research, managing relationships with developers and brokers, and overseeing the leasing lifecycle. The ideal candidate will have 3-5 years of experience in business development within the F&B or retail sectors, with strong negotiation expertise and financial acumen. Bilingual proficiency in English and Mandarin is a must for professional communications. Frequent travel for site inspections is required.
Qualifications
3-5 years of Business Development or Site Acquisition experience in the local F&B or retail sectors.
Strong existing relationships with major landlords and brokers preferred.
Must have legal work authorization in the local region.
Responsibilities
Conduct market research on business districts and shopping centers.
Manage local developer relationships to secure retail opportunities.
Oversee leasing processes from site identification to lease execution.
Skills
Negotiation Expertise
Financial Acumen
Bilingual (English/Mandarin)
Education
Bachelor’s degree or higher
Job description
Key Responsibilities
1. Strategic Site Acquisition
Network Expansion: Conduct in-depth market research on core business districts, AAA-rated shopping centers, and high-traffic communities to execute annual expansion targets.
Relationship Management: Establish and leverage strong networks with local developers and senior commercial brokers to secure off-market retail opportunities.
Leasing Lifecycle Management: Oversee the entire process from site identification and LOI negotiation to final Lease execution, optimizing rent structures and contractual terms.
Partner Management: Manage the end-to-end franchisee selection and lifecycle process, ensuring cultural alignment with the brand.
Regulatory Compliance: Adhere strictly to local franchising regulations and oversee the standardized management and disclosure of FDDs (Franchise Disclosure Documents).
3. Pre-construction & Licensing Support
Permitting Coordination: Liaise between design/construction teams and landlords regarding fit-out plans; monitor the progress of local Building Permit applications.
Localization Strategy: Monitor competitor activities and provide HQ with analytical reports on site logic, rental benchmarks, and consumer trends.
Profitability Optimization: Analyze key store KPIs (e.g., Rent-to-Sales ratio, labor costs); develop improvement strategies for operational anomalies to maximize ROI.
Job Requirements
1. Core Qualifications
Education: Bachelor’s degree or higher.
Experience: 3-5 years of Business Development or Site Acquisition experience within the local F&B or retail sectors. Existing relationships with major landlords and brokers are highly preferred.
Authorization & Mobility: Must have legal work authorization in the local region; possess a valid driver’s license and personal vehicle; willing to travel frequently for site inspections.
2. Technical Skills
Negotiation Expertise: Proficient in commercial real estate principles with the ability to interpret complex lease clauses (e.g., TMI/CAM recoveries, Demolition Clauses).
Financial Acumen: Skilled in financial modeling, including P&L projections, Breakeven Analysis (BEP), and ROI calculations.
Language Proficiency: Exceptional bilingual communication skills (English/Mandarin). Capable of professional negotiations with English-speaking landlords and delivering strategic reports to HQ in Mandarin.