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- Tasks: Lead site acquisitions for Wasabi's UK expansion, managing negotiations and market analysis.
- Company: Wasabi Sushi & Bento is a vibrant Asian food brand with 40+ restaurants in the UK and New York.
- Benefits: Enjoy free sushi, discounts, wellness support, and flexible working options.
- Why this job: Join a fast-growing company with a unique menu and a focus on innovation and quality.
- Qualifications: MRICS qualified with experience in retail or hospitality; strong communication and organisational skills required.
- Other info: Be part of a dynamic team and contribute to exciting growth plans!
The predicted salary is between 42000 - 84000 £ per year.
Join to apply for the Acquisitions Manager (Property) role at Wasabi Sushi & Bento
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Join to apply for the Acquisitions Manager (Property) role at Wasabi Sushi & Bento
Founded in 2003 Wasabi\’s vision is to lovingly create and serve delicious Asian food for a busy nation.
Wasabi now has 40 thriving restaurants across London and major UK cities and 4 in New York and in 2019, we introduced Wasabi Home Bento, launched exclusively in Sainsbury’s. Building on that success, the grocery business broadened its reach to Tesco in September 2022, followed by exciting launches in Co-op and Morrisons in 2024. Today, Wasabi proudly stands as the No. 2 chilled ready-meal brand, setting new standards for quality and innovation.
Wasabi’s menu is celebrated for its unique character, exceptional freshness, and bold flavours. Our diverse range is designed to delight a wide audience, delivering both comfort and excitement with every bite.
We have an ambitious 5-year growth strategy, focusing on new restaurants, franchise partnerships, and international expansion.
As we embark on our next phase of growth and innovation, we’re thrilled to offer an exciting opportunity for an Acquisitions Manager to join our Property Team based in Park Royal.
The Role:
The Acquisition Manager is responsible for identifying, evaluating, and securing new sites for Wasabi’s UK expansion. This includes market analysis, managing property agents, leading negotiations, and ensuring successful site development in alignment with the company’s growth objectives.
Key Responsibilities:
- Learn and understand Wasabi trading models, formats, brand positioning, new restaurant performance criteria, competitors and the existing estate to inform the targeting of optimum new sites.
- Support the Head of Property in developing and refining the network strategy and pipeline programme in line with Wasabi growth objectives. Maintain pipeline trackers, reports and presenters.
- Use industry and market knowledge, industry resources and data, working closely with external location mapping suppliers and software to identify, interrogate and verify potential new sites.
- Manage property agents to identify and deliver targets. Use a network of national property contacts (landlords, occupiers, developers) in order optimise opportunities.
- Carry out all appropriate due diligence regarding new site assessments, taking advice from legal and other professionals prior to preparing for internal review and approvals.
- Work with the Restaurant Operations & Finance teams to analyse opportunities. Prepare detailed reports, financial appraisals and presentations for internal review and board approval.
- Support the Head of Property in negotiations to secure new premises and achieve optimum terms. Process through Heads of Terms to legal completion, utilising legal and professional advisors as necessary.
- Lead appropriate processes to obtain all necessary permissions, planning consents and licenses, to enable fitting out and operations in line with lease terms and statutory conditions.
- Collaborate with internal functions; Design, Project Management, Operations, Marketing, Facilities, Finance through feasibility, development, planning and through to completion of fit-out and openings. Supplying advice and information to ensure on time, on budget on brand success of new sites.
Our Requirements:
- MRICS qualified – with extensive experience within a retail, hospitality, F&B or QSR multi-site environment
- Working knowledge of property law and legislation
- Commercially astute and aware of business imperatives, with a growth mind set and clear focus on delivering results and exceeding customer expectations.
- Professional, open and friendly with the ability to represent the business to external parties at all levels.
- Proactive, flexible and able to manage a broad range of responsibilities and priorities in a fast-paced environment.
- Approachable and able to thrive in a team environment.
- Excellent verbal and written communication skills.
- Strong organisational, administrative and numerical skills with exemplary attention to detail.
- Excellent IT skills including Microsoft Office suite.
- A great working environment
- Refer A Friend Scheme
- Free Sushi or hot food (vegan options available)
- 50% discount in our Branches
- Employee Assistant Programme
- Help@Hand (a service providing health and wellbeing support)
- Long Service Awards
- Wagestream – a financial wellbeing benefit that lets you access your pay as you earn it in real time and manage savings
- Life Assurance
- Cycle To Work
- Free on-site parking
- A variety of discounts (shopping, food & drink, entertainment and health & fitness) through Perkbox and
- The opportunity to develop your skills within a growing company.
Our people make us who we are. If you\’re looking for an exciting challenge and this sounds like the job for you please apply today as we can\’t wait to hear from you.
COME ROLL WITH US!
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Business Development and General Business
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Industries
Retail, Restaurants, and Hospitality
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Acquisitions Manager (Property) employer: Wasabi Sushi & Bento
Contact Detail:
Wasabi Sushi & Bento Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Acquisitions Manager (Property)
✨Tip Number 1
Familiarise yourself with Wasabi's brand and growth strategy. Understanding their vision and how they position themselves in the market will help you align your approach when discussing potential site acquisitions.
✨Tip Number 2
Network with property agents and industry contacts who have experience in the retail and hospitality sectors. Building relationships can provide you with insider knowledge about upcoming opportunities and trends in the property market.
✨Tip Number 3
Stay updated on property laws and regulations that affect the retail and food sectors. Being knowledgeable about these aspects will not only enhance your credibility but also enable you to navigate negotiations more effectively.
✨Tip Number 4
Prepare to demonstrate your analytical skills by showcasing your ability to assess potential sites. Be ready to discuss how you would evaluate locations based on market data, competition, and customer demographics during interviews.
We think you need these skills to ace Acquisitions Manager (Property)
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of the Acquisitions Manager role at Wasabi. Familiarise yourself with their growth strategy and how your skills can contribute to their objectives.
Tailor Your CV: Customise your CV to highlight relevant experience in property acquisitions, market analysis, and negotiations. Emphasise your MRICS qualification and any previous roles in retail or hospitality that align with Wasabi's needs.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the food and beverage industry and your understanding of Wasabi's brand. Mention specific achievements in your career that demonstrate your ability to identify and secure new sites effectively.
Highlight Your Skills: In your application, emphasise your organisational, communication, and analytical skills. Provide examples of how you've successfully managed multiple priorities in fast-paced environments, as this is crucial for the role.
How to prepare for a job interview at Wasabi Sushi & Bento
✨Know Your Market
Before the interview, research the property market, especially in relation to the restaurant and retail sectors. Understand current trends, key players, and potential sites that align with Wasabi's growth strategy.
✨Demonstrate Your Negotiation Skills
Be prepared to discuss your previous experiences in negotiations. Highlight specific examples where you successfully secured advantageous terms for a property deal, as this is crucial for the Acquisitions Manager role.
✨Showcase Your Analytical Abilities
Prepare to explain how you analyse potential sites and assess their viability. Bring examples of reports or financial appraisals you've created in the past to demonstrate your analytical skills.
✨Emphasise Team Collaboration
Since the role involves working closely with various internal teams, be ready to discuss how you have effectively collaborated with others in previous roles. Share examples that showcase your ability to work in a team environment.
