Job description
ROLE PROFILE:
Director of Real Estate: West
WINGSTOP RESTAURANTS, INC.
ROLE PROFILE OVERVIEW
ROLE TITLE
Director of Real Estate (West)
ROLE LOCATION
Addison, TX
REPORTS TO NAME
TEAM
Development
REPORTS TO TITLE
SVP Development
ROLE PROFILE DESCRIPTION
X FULL-TIME
ð PART-TIME
________40+______
HOURS PER WEEK
ð CONTRACTOR
ð INTERN
X EXEMPT
ð NONEXEMPT
WHO WE ARE
We’re not in the wing business. We’re in the flavor business. It’s been our mission to Serve the World Flavor since we first opened in 1994, and we’re just getting started. 1997 saw the opening of our first brand partner operated Wingstop location, and by 2002 we had served the world one billion wings. It’s flavor that defines us and has made Wingstop one of the fastest growing brands in the restaurant industry.
Above all else – our success is largely due to our people and our core values, or what we call The Wingstop Way of being entrepreneurial, service-minded, fun, and authentic. We believe having a strong people foundation centered on these collective values creates a crave-worthy culture and talented team, as well as ensures our brand is poised for accelerated growth. We all win together.
YOUR IMPACT
Join us as an integral member of the Wing-Stop Development Team, by leading the Real Estate function in driving site approvals, ensuring a robust real estate pipeline for the future, and supporting our Brand Partner Growth. While you are at it, you’ll be building your network and expertise in a thriving environment of professional development and teamwork. And together we’ll shape a stronger future for Wingstop and your career.
WHAT YOU’LL DO
In your role as a Director of Real Estate at Wingstop, you will be part of our success by:
Leading a team of Real Estate professionals to ensure we are aggressively pursuing and securing locations for future growth. This role is pivotal to our business as Wing Stop is one of the fastest growing brands in the world due to our best-in-class economics. In this role you will be accountable for meeting and surpassing site approval targets, reviewing leases, overseeing site selection, meeting sales ratios, and building strong relationships with our Brand Partners. In this position, you will work in tandem with our Senior Director of Construction to drive new restaurant openings in both the Traditional and Non-Traditional space. This role will also partner with our Operations, Finance, and Marketing Teams to ensure cross-functional awareness, and to provide visibility into the Real Estate pipeline. The Director of Real Estate will be accountable for leading this team to create market plans that meet the organizational near and long-term growth targets.
Essential Duties and Responsibilities:
Site Selection
- Overseeing the site selection process to ensure our team and the Brand Partners are securing locations that best position our restaurants to optimize sales
- Aggressively driving site approvals to ensure the Wing Stop Real Estate pipeline is robust and positioned to support our growth targets
- Provide market intelligence and insights on our brands’ competitors spread across restaurants
- Continuous Improvement: putting processes in place to improve efficiencies and speed to market
- Execution of our Market Planning “Playbooks” to drive smart and strategic growth
- Oversee lease negotiations for all Corporate and Corporate Assisted Developments
Restaurant Openings
- Reduce time between Site Approval and Lease Execution by providing support and oversight to our partners
- Ensure lease requirements are in line with construction expectations to expedite buildout process
- Accountability for new restaurant sales volumes
- Meet or exceed annual new restaurant growth targets
Driving the Business
- Alignment and Market Planning for both Real Estate and Brand Partner growth
- Building relationships in the Brand Partner Community
- Building/Leveraging relationships with national developers
- Monitoring market trends, and opportunity real estate
- Alignment with Wing Stop leadership around growth strategies, and creation of 3–5-year growth plan
- The training and development of direct reports
WHO YOU ARE
HUMBLE:
- Ongoing learner; exhibits insatiable curiosity and an interest in self-improvement.
HUNGRY:
- Acts to surpass goals, seizing opportunities to push the envelope.
- Sets continually higher goals that are ambitious but realistic for self and team, geared to organizational objectives.
SMART:
- Negotiates with a genuine give-and-take approach, where both act as true peers and decisions are shared.
- Spends time identifying all stakeholders necessary and meets or connects with all of them, neglecting no one to shape a collective consensus.
- Identifies opportunities to build relationships that will help others achieve their objectives and reaches out to those people or new people.
QUALIFICATIONS
Bachelor’s Degree Required- 5 to 7 years’ experience leading highly productive real estate teams
- 5+ years’ experience in franchise development
- Ability to develop, analyze and negotiate leases and LOIs
- Experience in site selection in the QSR industry (Corporate / Franchisee)
- Ability to thrive in a fast-paced environment and communicate at a high level across multiple functions
- Experience in master planning markets
- This position will work closely with Brand Partners, national developers, and internal leadership
- Should show a strong understanding of the overall development process, from site investigation to open
- Job requires travel time of approximately 20%
Wingstop provides equal opportunities for everyone that works for us and everyone that applies to join our team, without regard to sex or gender, gender identity, gender expression, age, race, religious creed, color, national origin, ancestry, pregnancy, physical or mental disability, medical condition, genetic information, marital status, sexual orientation, any service, past, present, or future, in the uniformed services of the United States (military or veteran status), or any other consideration protected by federal, state, or local law.
colinoncars.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, colinoncars.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, colinoncars.com is the ideal place to find your next job.