Real Estate Analyst

Plano, Texas, United States
Full-time
Posted

Description

Company Introduction:


Velvet Taco is a temple to the liberated taco. We’re a one-of-a-kind taco concept serving premium food in a unique & funky fast-casual setting. Founded on the idea that tacos don’t have to be associated with Tex-Mex cuisine and can be made with the same care and quality ingredients as fine dining, Velvet Taco is where “anything goes meets the art of the possible.” Some cool things about us: we use only the freshest ingredients available to offer a menu that explores the edge of multi-cultural boundaries, liberating tacos to a whole new level. We slow roast our own chicken and corn, use lots of booze in our margaritas, and make everything from scratch. Which means our food tastes really awesome. Our tacos may not change the entire world, but we think they’re pretty freakin’ great.
Learn more about us at https://www.velvettaco.com/about-us/

Overview:


Velvet Taco has 30+ restaurants across multiple states, with plans to open 15+ a year over the next 5 years. The Real Estate Analyst plays a critical role in supporting Real Estate and Development Team’s efforts to grow. The Analyst will report directly to the Sr. Manager of Real Estate, and will work closely with internal and external team members and partners to provide insight and data required for key development decisions. Acting as a liaison between the Development and Finance departments, the ideal candidate will display a strong curiosity and a vigorous attention to detail.


PRINCIPAL DUTIES

Position responsibilities include the following:

  • Develop/create maps, aerials, demographic reports for real estate presentations to executive team
  • Perform research and prepare demographic analysis using mapping programs
  • Create and maintain miscellaneous reports, templates and spreadsheets
  • Maintain real estate data base with key retailers, shopping centers and sites in target markets
  • Communicate and coordinate with Velvet Taco’s network of real estate brokers
  • Create packages for real estate committee approval. This includes compiling and organizing the business case for site approval, including demographic data, creating market and thematic maps from our mapping program
  • Manage all assigned projects and deliverables
  • Coordinate construction feasibility trips with landlords and the our development partners
  • Assist finance with proforma creation and analysis, market planning, and capital/sales planning
  • Provides miscellaneous support to the real estate team
  • Perform ad-hoc analysis to answer business inquiries from internal partners
  • Update and maintain reports to track projects and contract compliance
  • Respond to inquiries regarding requests for new locations
  • Investigate locational cost potentially impacting restaurant performance (Labor, Rent, Construction)
  • Review/summarize third-party due diligence reports
  • Update and maintain reports as needed such as pipeline or deal tracking reports interfaces with key stakeholders


QUALIFICATIONS:

  • Bachelor’s degree in Statistics, Economics, Finance or related field
  • 1-2 years of leadership experience is preferred
  • Knowledge of the real estate and development process (including budgeting, the scope of work creation, vendor negotiations & contracts, ability to read architectural plans, leasing/real estate/property management)
  • Strong analytical mindset with a sound financial business acumen
  • Flexible, detail-oriented team-player who works well under pressure and has strong organizational and time management skills
  • Must have strong communication skills with the ability to successfully communicate to team members, vendors, contractors, and executive team


LOCATION & TRAVEL:

  • Position located in Velvet Taco Restaurant Support Office in Plano, TX
  • Travel Requirements: Flexibility with work hours necessary with up to 20% of travel

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