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Real Estate Manager at Kiddie Academy

Posted in Real Estate 30+ days ago.

Type: Full-Time
Location: Abingdon, Maryland





Job Description:

Kiddie Academy®, a leading provider of educational child care centers, is looking for a talented and dynamic Real Estate Manager to join our Real Estate team to support our continued growth and expansion plans.  This position works as part of our collaborative team in assisting franchisees with securing real estate using a lease or purchase and sale agreement (“PSA”) for the operation of the franchisee’s Academy and reports directly to the Director of Real Estate. This position is based in our corporate office located in Abingdon, Maryland.

ESSENTIAL FUNCTIONS


  • Assist franchisees/franchise applicants in developing a site selection strategy

  • Refer (upon franchisee’s request) and work with real estate brokers

  • Provide guidance on KADF site selection guidelines

  • Screen all potential sites for viability

  • Conduct market research on potential sites

  • In-market tours of potential sites with the franchisees and brokers

  • Perform internal analysis on all qualified sites

  • Create internal-only pro-forma business model for potential sites

  • Assist in the negotiation of business terms to lease or purchase potential sites utilizing a letter of intent

  • Provide support during lease or PSA negotiations

  • Prepare site evaluation packages and present site for acceptance to the KADF Site Acceptance Committee

  • Update and maintain internal business systems related to site selection functions

Kiddie Academy® Educational Child Care has been preparing young minds for future success since its founding in 1981. With more than 285 independently owned franchises throughout the United States, Kiddie Academy provides quality educational child care for children ages 6 weeks to 12 years. Kiddie Academy was ranked #7 on the 2019 Forbes list of Best Franchises to Buy. In 2020, Kiddie Academy was recognized as one of the top, fastest-growing franchise companies in the nation by Entrepreneur magazine and Franchise Gator. Locally, we were ranked by the Baltimore Business Journal as #10 on its list of Top 100 Private Companies and #24 on its list of the Top 50 Fastest-Growing Private Companies in Greater Baltimore. We were also named one of Baltimore Business Journal’s 2020 Best Places to Work.


  • Experience in the franchise industry


  • Thorough understanding of and experience with commercial real estate leases and contracts, the child care industry, and translating it into quality locations


  • Ability to network with real estate brokers and developers


  • Ability to negotiate business terms of a lease or PSA   


  • Familiarity with tenant improvements and how it relates to the business terms of a commercial lease 


  • Excellent communication skills


  • Ability to utilize the latest business software regarding site selection, demographics, mapping, and Microsoft Office (proficient in Excel, Word, and PowerPoint)


  • Ability to be persuasive and aggressive with franchisees, landlords and brokers to drive deals


  • Ability to travel 20 - 25%

Please be aware that this position is not a property management role.

JUST SOME OF OUR BENEFITS…


  • Work with a knowledgeable, high-achieving, experienced and fun team!

  • Be a part of a rapidly growing company, on pace for 300 location by year’s end!

  • 100% company-paid medical insurance for you, the employee!

  • Generous company match for the 401(k)!

  • A product you can genuinely be proud of!

  • Generous child care tuition discounts at our Academies!

Our franchisees and customers come from all walks of life and so do we -

We hire great people from a wide variety of backgrounds, not just because it’s the right thing to do, but because it makes our company stronger.





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