Real Estate Manager (Cleveland, OH, Pittsburg, PA or Philadelphia, PA)

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Location: Remote Areas of coverage: (Cleveland, OH, Pittsburg, PA or Philadelphia, PA)

Ready for a fresh, new career? Look no further because one of the world’s most iconic brands can help you get there.

Why Join Us?

At Subway, “better” is baked into our DNA. We are a brand that believes in continued improvement … in our lives, our businesses, and our planet. From the handshake that started our very first sandwich shop to earning our position as the world’s leading restaurant brands, we’ve always embraced change and the path ahead. And today, we're making better living way easier.

Our purpose is about more than the food we serve in our restaurants. It’s centered on fueling healthy businesses and healthier lives. It is one of the most exciting times to join the Subway team and contribute to our transformational journey.

About the Role:

The Real Estate Manager is responsible for executing strategic real estate initiatives to support market optimization and long-term growth in their assigned markets (South Dakota, North Dakota, Minnesota, Iowa, Nebraska). This includes managing new site selection, relocations, mitigating closures, remodels, dis-identifications, and restaurant transfers. The role requires data driven decision making with strong analytical skills, capable of managing a portfolio of restaurants. The Real Estate Manager serves as a direct liaison between franchisee and both internal and external stakeholders to deliver the company’s development objectives.

If you feel that this is the role for you, and you are successful with your application, be ready to be Bold, Empowered, Accountable, and ready to have Fun in a fast paced and agile working environment.

Responsibilities include but are not limited to:

  • Facilitates execution of a markets Development plan with the goal of building market share, driving guest counts, increasing average unit volume and franchisee profitability.
  • Educate and guide field operations teams regarding the benefits of market optimization and provide objective voice regarding development plan decisions. Collaborate with Franchisees to package and present prospective development sites to Real Estate Committee for review and approval of new developments and relocation opportunities.
  • Evaluate opportunities to improve existing asset base through site selection, relocations, and remodels. Develop working relationships with Real Estate Brokers to constantly identify and evaluate market opportunities. Work with Market Planning team analysis to execute Market Optimization Plans & to fill in identified white spaces.
  • Complete rigorous financial analysis and recommendations regarding requested restaurant closures in partnership with Field Operations Team.
  • Complete required paperwork for those restaurants that are not viable. Evaluate and assess viability of restaurant in partnership with Senior Real Estate Manager, & Director, Franchise Performance for assigned territory.
  • Travel is required in assigned territory to meet with Franchisees, Construction Team and Field Operations Team.
  • Focus efforts on driving positive net restaurant growth by mitigating closures and increase new restaurant openings.

Qualifications:

  • Bachelor’s Degree in Real Estate, Business, Finance, or related field strongly preferred
  • 5+ years' experience in corporate commercial real estate and market research analysis in the QSR or Fast Casual industry
  • Experience with market optimization and ability to grow small businesses.
  • Familiarity with market brokers/real estate.
  • Restaurant and/or retail industry experience would be preferred.
  • Must have a positive attitude, be self-motivating, and have excellent time management and communication skills, good relationship building skills, flexible and detail oriented.
  • Business valuation and brokerage negotiation.
  • Ability to work with a diverse group of people and experience leading cross functional decision making.
  • Experience or understanding in overall market planning.  Knowledge of franchise and licensing law, regulations, and procedures.
  • Strong knowledge of Strategic Planning, Sales Analysis, Consumer Insights and Brand Management.
  • Strong communication skills to read, listen, understand, and communicate information and ideas in a clear and understandable manner, both orally and in writing.
  • Ability to process information including gathering, assessing, organizing, auditing, and verifying data.
  • Strong knowledge of GIS/desktop mapping packages. Quick study on learning new mapping & analytic packages.
  • Ability to effectively analyze and evaluate information to make decisions, solve problems and achieve goals.
  • Ability to build strong working relationships with other critical departments outside development.
  • Willingness to travel throughout region with flexibility to work different hours, including early morning and late-night work as required.
  • Ability to travel up to 75%

What do we Offer?

  • Insurance Plans
  • Competitive Bonus
  • Mobility Allowance
  • Tuition Reimbursement
  • Company Holidays
  • Volunteering time
  • Many More…..

Actual pay is determined based on a number of job-related factors including skills, education, training, credentials, qualifications, scope and complexity of role responsibilities, geographic location, performance, and working conditions.

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Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...

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