Business Development - Property Acquisition (Retail Store Expansion)

job Description: Business Development Manager – Retail Expansion

Company: Chemist Box Private Limited
Position: Business Development Manager – Retail Expansion
Department: Business Development
Location: Patna / Bihar

About Chemist Box Private Limited

Chemist Box Private Limited is a growing multi-outlet retail pharmacy chain based in Bihar, currently operating around 20–24 physical stores with a strong expansion plan.

Role Summary

The Business Development Manager – Retail Expansion will be responsible for identifying and finalizing suitable retail locations for new Chemist Box stores. The role will focus on location exploring, site evaluation, landlord / broker coordination, rental negotiation, and supporting timely store expansion in targeted locations.

Key Responsibilities

• Identify and evaluate potential store locations in high streets, markets, standalone properties, and other suitable retail areas.
  
• Conduct basic market study, including customer footfall, competition, locality potential, rental value, and business feasibility.
  
• Coordinate with brokers, landlords, property owners, and internal teams for site visits, documentation, and approvals.
  
• Negotiate rent, lease terms, deposit, lock-in period, and other commercial terms for suitable locations.
  

Qualification & Experience

Graduate and above in any stream.

Candidate should have 2–3 years of experience in retail expansion, business development, real estate acquisition, leasing, or location scouting.

Required Skills

• Good understanding of retail locations, local markets, and customer catchment areas
  
• Strong negotiation and communication skills
  
• Basic Excel, reporting, documentation, and presentation skills
  
• Willingness to travel frequently across Bihar for site visits
  

KPIs / Performance Metrics

• Number of suitable new locations identified and finalized
  
• Timely coordination for site approval and handover
  
• Support in achieving planned store expansion targets
  
  

Remuneration

Fixed salary: INR 6 lakhs per annum and above, as per experience and industry standard
Variable incentives: Performance-based variable incentives
Additional benefits: PF and other applicable perks