New Business Market Development Manager - MI & WI

Ace HardwareMilwaukee, WI
Remote

About The Position

The New Business Market Development Manager (MDM) for MI & WI manages the business development process in their respective region of the country. The goal of which is to efficiently and systematically increase Ace’s market share via our new store growth strategy. The MDM is the front line accountability on determining prospect business acumen, character, competence, and financial wherewithal, and finalizing and/or closing the opportunity. "Develop the market". This position is required to pursue every opportunity in a market as it relates to potential candidates (new investors, existing Ace retailers, conversion prospects or acquisitions), open markets, real estate site possibilities, lender relationships, broker relationships and public relations. The MDM is the lead on creating momentum in a market through the combination of their market diligence and their Ace advocacy with these various stakeholders.

Requirements

  • Minimum of 5 years of experience in retailing, franchising, real estate or market development work
  • Ability to develop, secure, and close a new store and/or conversion opportunity
  • Strong negotiation skills
  • Strong presentation skills to a variety of ‘audiences’ ~ including wealthy investors, real estate brokers, lenders and existing Ace retailers
  • Interpersonal ability to create trust, respect and understanding
  • Business Acumen – understand the economics of business and retailing (Ability to interpret Business Financials)
  • Understanding of the lease negotiation process
  • Strong grasp of capitalization and financing opportunities, methods and processes
  • Understanding of the balance between the benefit of store density and cannibalization and the resultant ramifications of these on the Ace brand
  • Franchise intelligence – understanding of our “franchise” competitors and how to uniquely position Ace against these other investment choices
  • Ability to create strong, respected coalitions with Retail Operations including the Director, Regional Manager, Project Manager, and District Manager
  • Proficient in MS Office (Word, Excel, PowerPoint, Outlook)

Nice To Haves

  • College Degree in business preferred but not required

Responsibilities

  • Recruit, educate, and motivate potential candidates. This includes sales, the development of a business plan and consulting with existing Ace retailers, new investors and competitor conversion or acquisition candidates.
  • Determine when to say ‘yes’ and (equally important) when to say ‘no’.
  • Execute the technical operating procedures from Interest-to-Application. As the expert in the field, they are responsible for everything from demographic work, trade potential, sales forecasting, site audit, and the expansion area notification process, creating the proforma and securing approval from all stakeholders, executing the letter of intent (LOI), assisting with securing financing, and completion of the Ace membership application following the Standard Operating Procedures.
  • Pursue every opportunity in a market as it relates to potential candidates (new investors, existing Ace retailers, conversion prospects or acquisitions), open markets, real estate site possibilities, lender relationships, broker relationships and public relations.
  • Create momentum in a market through the combination of their market diligence and their Ace advocacy with various stakeholders.

Benefits

  • Incentive opportunities
  • Generous 401(k) retirement savings plan with a fully vested matching contribution the first year in addition to quarterly contributions and annual discretionary contribution
  • Comprehensive health coverage (medical, dental, vision and disability – up to 26 weeks short-term disability and long-term disability) & life insurance benefits for you and your dependents
  • 21 days of vacation immediately available (prorated in the first year)
  • Up to 6 paid holidays depending on the month of hire
  • Company Car, phone and fuel card are provided for field-based positions
  • Annual Ace Cares Week
  • 20 hours off work per year to volunteer at an organization of your choice
  • Opportunities to help Children’s Miracle Network Hospitals and the Ace Helpful Fund through the Ace Foundation
  • On-site classes, facilitator-led courses
  • Generous tuition assistance program
  • Frequent campus events like Employee Appreciation Week, vendor demos, cookouts, and merchandise sales
  • Services such as mobile spas, auto maintenance, car wash and detailing, dry cleaning, dentists, eye doctors, flu shots, recycling and more!
  • Employee discounts on Ace merchandise (including top brands like Weber, Traeger, Yeti, Craftsman, DeWalt and more), travel, fitness, computers and thousands more
  • Birth/Adoption bonding paid time off
  • Adoption cost reimbursement
  • Employee Assistance Program (EAP) – access to free visits to therapists and lawyers, guidance on financial matters, elder and childcare, and assistance with tickets to entertainment events
  • Identity theft protection

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Education Level

Associate degree

Number of Employees

501-1,000 employees

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