Store Development Manager

Bagel BrandsRemote - Florida, FL
Remote

About The Position

The Store (Coffeehouse) Development Manager is responsible for the end-to-end development of new Caribou Coffee locations, serving as the single point of accountability from site identification through store opening. This role owns the full lifecycle of each assigned project, including market strategy, site selection, deal negotiation, entitlements, design coordination, construction execution, and operational handoff, ensuring stores open on time, on budget, and aligned with brand and operational standards. Your expertise in research, analysis, and negotiation will be key to assessing opportunities for acquiring additional locations, land, or buildings and investigating potential property acquisitions or dispositions. You’ll stay ahead of the curve by monitoring market trends and competitor activity, ensuring Caribou remains a strong presence in the industry. The Store Development Manager will also and negotiate purchase or leasing agreements. You will partner with cross functional teams, facilitating the smooth execution of real estate development projects and reporting on critical store development milestones and mitigating any risk of delivery.

Requirements

  • 5+ years’ experience in store development, real estate development, or QSR/retail development
  • Experience with quick-service restaurants (QSR) and/or drive-thru real estate
  • Bachelor’s degree in related field
  • Experience with research and/or analytic software and reporting

Nice To Haves

  • Experience with retail real estate
  • Project Management and Communications experience.
  • Strong presentation skills.

Responsibilities

  • Own assigned market pipelines and deliver approved sites through coffeehouse openings.
  • Manage assigned territory market strategy and strategic growth plan by partnering with market experts and brokers to gain insights into current market conditions, trade area strengths and potential challenges.
  • Secure alignment on market penetration plan and timing with senior management and Regional Directors of Store Operations.
  • Manages existing real estate portfolio in designated markets, negotiating new lease agreements and renewals, which will include coordinating reinvestment matters with internal partners; negotiating new or enforcing lease terms; providing notice of landlord responsibilities.
  • Participate in the evaluation and assessment of new markets.
  • Lead site searches, recommendations, and selections for new or repositioned Caribou locations, aligning with site selection criteria and market strategy and supported by market research analysis.
  • Carry approved sites through entitlement, construction, and opening.
  • Create real estate and market presentations for consideration, analysis, or project approval. Materials may include market maps, aerials, demographic studies, broker assessments, and market performance data.
  • Support real estate team in determining the economic viability of projects by inputting data into financial models to create new store financial reports.
  • Manage location analysis platforms to ensure accurate, up-to-date data and modeling for sales forecasting, analytics, and reporting.
  • Conduct market research and demographic studies using internal and external systems for market entry analysis and store performance predictions.
  • Negotiate letter of intent terms and construction work letters with Legal, Design, Construction, Broker, and Developer teams.
  • Own and actively manage end‑to‑end development schedules and deliverables, escalating missed dates or deliverable risks including but not limited to project entitlements, permits, and construction.
  • Generate and coordinate real estate development schedules and issues with stakeholders including developers, general contractors and internal construction and design teams.
  • Lead initiatives to integrate new processes, procedures, and technologies, supporting new store growth efforts and enhancing data accuracy and reporting.
  • Quarterback cross‑functional teams to ensure timely completion of all development milestones, driving the store project development schedule, including legal, entitlement, signage, and project schedule exhibits.
  • Champion cross-functional relationships to ensure collaboration and partnership across multiple departments and channels.
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