Director of Real Estate
Everytable is on a mission to transform the food system to make fresh, nutritious food affordable and accessible to everyone, everywhere. We are a VC-backed social enterprise headquartered in Los Angeles, in the midst of closing our Series C funding round, and laying the foundation for rapid national expansion.
Our innovative business model has been featured in The New York Times, CNBC, Shark Tank, Fast Company, Forbes, etc. because it’s unlike any other food business. It all starts with our central kitchen where chefs prepare meals efficiently and allow us to price our menu according to what each community can afford. Our ready-to-eat meals are then delivered through a variety of channels: grab-and-go storefronts, home-delivered subscriptions, SmartFridge vending machines, and institutional food service partnerships. We’re passionate about making a positive impact in the communities we serve through food access, as well as economic empowerment. Through our pioneering social equity franchise program, we fund and train disenfranchised business people from marginalized communities to open Everytable franchises. We’re looking for team members who are both mission and results-driven to help us make the world a more
An exciting opportunity for you to become Director of Real Estate for Everytable, PBC, one of Nation’s Restaurant News’ 2021 Hot Concepts. The role is responsible for aggressive growth in Southern California. This is a fast-track program designed for a high number of stores being developed throughout the United States-current focus for this role is on Southern California. The “Mission” of the Real Estate Department is to acquire viable leased locations for the development of financially successful new Everytable stores in accordance with the schedule dictated by the company’s annual growth plan. What you will do:
Manages regional development pipeline and maintains processes for ensuring the new sites pipeline will meet company and team objectives for approval and opening targets. Coordinate and manage the new restaurant Pipeline schedule with the Project Coordinator and PM’s keeping all Development Functions advised of new restaurant Contract Execution and Real Estate Approval dates.
Develop strategies for market penetration for all existing markets and as assigned for markets designated for future expansion by identifying all high-volume potential trade areas in each market while optimizing existing portfolio strategies.
The Director of Real Estate will coordinate with the team to perform & execute all tasks and projects assigned by the VP of Real Estate in a timely and efficient manner. The team consists of a Director of Construction, Design Lead, Project Managers and Project Coordinator and the finance department as required.
Responsible for planning, negotiating and acquisition of new restaurant projects from inception to completion for controlling cost, time & quality.
The Director needs to be disciplined to promote the successful execution and completion of growth initiatives and to promote effective coordination, collaboration and communication between all parties.
Identify and continuously develop data resources for analyzing trade area sales generators
Improve and Refine Real Estate Programs and participate in Analytics development to continuously improve trade area and site selection criteria leading to sales forecasting and sales transfer models.
Supports Projects (New Restaurants, Renewals and Franchise) Review and recommend approval for regional real estate acquisition documents, which includes purchase contracts, leases, amendments and other lease related documents.
Proactively lead and support the Development team’s “due diligence “efforts in determining the site feasibility, the production of construction documents, the acquisition of all required approvals, development budgeting and construction contracting to insure the timely development of the new restaurants. As used herein, the Development team includes outside professionals such as brokers, attorneys, architects, engineers, environmental consultants, general contractors and certain vendors.
Present your proposed projects to the Real Estate Committee for approval. Work with Real Estate Manager to prepare and present new restaurant site recommendation packages to the Real Estate Committee. The presentation shall include a sales forecast obtained from Operations, a construction budget, market analytics data and an ROI analysis. The goal of the presentation is to gain the Real Estate Committee’s approval of the site and the associated Capital Expenditure.
Please note that you may be asked to perform a variety of duties from time to time, which may not fall strictly in your job description. For a variety of business, safety, and technical reasons, it is necessary that all positions at Everytable maintain a level of flexibility in reference to duties you will be expected to perform.
What you will have:
10+ years Restaurant Real Estate related experience 5+ years of Real Estate Team Member management experience.
Self-starter with ability to work independently under minimal supervision.
Local real estate market expert in southern California including Los Angeles, San Diego and surrounding counties. Awareness of current market conditions, activities and pending new supply.
Excellent project and people management skills Display’s superior analytical and communication skills (written & verbal).
Has excellent interpersonal skills is professional in manner & pays close attention to details. Able to prioritize duties & tasks with a sense of urgency. Deadline oriented and completes tasks, assignments or projects in a timely manner
Bachelor’s degree in related field required (Business, Real Estate, Development)
Aligned with Everytable’s culture, Los Angeles metro area based. This position will be home based in the Los Angeles area with office time required in Vernon, CA.
Travel as required (sometimes more depending on Real Estate activities)
Microsoft Proficient with a focus on Word, Excel, and PowerPoint
If hired, we require all employees to be vaccinated against COVID-19, unless a medical or religious accommodation is needed as determined on a case by case basis.
Benefits
Competitive salary commensurate with experience
Health, vision and dental benefits
Paid time off
401K retirement account
Delicious Everytable meals daily
Everytable is proud to be an equal opportunity workplace. We are committed to equal employment opportunities regardless of race, color, ancestry, religion, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. We encourage women, people of color and LGBTQ people to apply. Everytable is a Fair Chance employer and will consider qualified applicants with arrest and/or conviction records for employment.In accordance with Everytable’s duty to provide and maintain a workplace that is free of known health and safety hazards , the Company has adopted a mandatory COVID-19 vaccination policy to safeguard the health of its employees and its customers. As such, the Company requires that all employees be fully vaccinated against COVID-19 upon hire. For the purposes of this policy, “fully vaccinated” shall mean two weeks have passed since: (i) applicant obtained their second dose in a 2-dose series, such as the Pfizer or Moderna vaccines; or (ii) applicant has obtained a single-dose vaccine, such as Johnson & Johnson’s Janssen vaccine. Applicants shall submit proof of vaccination either with their application or as part of their onboarding process In the event that an applicant requires a reasonable accommodation due to a disability or a sincerely held religious belief, the Company will provide an accommodation to the extent it can, if the applicant is hired.