Vice-president of Real Estate Canada

6 months ago

Mississauga, Canada Foodtastic Full time

**About the Company**

Founded in 2016, Foodtastic is already one of the largest restaurant companies in Canada. In the last four years, we have increased system sales from less than $50mm to over $700mm. Our current portfolio of 25 brands includes Milestones Grill & Bar, Second Cup Café, Pita Pit, La Belle et La Boeuf and Rôtisseries Benny.

**Vice-President of Real Estate Canada - ON**

Reporting to the Chief Development Officer (CDO), Foodtastic is seeking a Vice-President of Real Estate Canada who will oversee and be responsible for all leases, lease renewals, location disposition and rent reductions.

**This role will**:

- Responsible for lease renewal proposals and negotiated business terms to ensure the financial terms of the lease meet with company/franchise partner budgets
- Approve draft lease terms with internal/external legal counsel to ensure that terms are aligned with company standards.
- Support new development, support existing sites and help us cultivate the system.
- Track critical dates including lease expiries, renewal option deadlines, possession date and commencement dates.
- Approve ancillary documents (storage agreements, estopped certificates, pylon sign agreements etc)
- Ensure charges are applied in accordance to the lease and communicating any changes to franchise partners, as well as accounting department for corporate rent roll
- Ensure correct payment made to landlords
- Maintain database with respect to lease information for all stores
- Ensure dates set out in agreements are met with respect to fixturing and commencement.
- Gather documentation required for billing of tenant allowance.
- Ensures to contact landlords for monthly statements and updates arrears reports.
- Maintains property index and lease correspondence files.

**What you can expect**:

- We will train you on the Foodtastic way.
- Site sourcing.
- Breakeven analytics.
- Regional market rates.
- Negotiations with internal and external parties.
- We will educate you on how we see the market.
- We will welcome your insight and recommendations as it pertains to strategy.
- You will be a valued member of the Foodtastic team that will have the autonomy and support to make decisions.

**What we are looking for**:

- Excellent communication skills.
- Strategic thinker.
- Team Leader
- Long term vision.
- Someone willing to learn new skill sets.
- Someone who wants to be part of team in every sense of the word. We not me.
- Someone who wants to help us build a legacy in the Canadian restaurant landscape.
- Someone who wants to help us build a winning culture.
- Passion
- Drive

**Company benefits**
- Market related compensation
- Complimentary coffee, drinks, and snacks at the office
- Free parking on premise
- Half-day available every Friday during summer
- One hour lunch paid
- Group insurance plan, including health, dental and long-term disability benefits.
- TELUS virtual health care
- Company social events

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