Manager, Acquisitions & Business Development

About the role

Circle K is hiring a Manager, Acquisitions & Business Development in the Tempe area. The role proactively sources acquisition opportunities for operating convenience stores, gas stations and small multi-site portfolios within an assigned territory, and leads negotiations with owners and brokers.

Key responsibilities

• Sourcing opportunities through cold calling, direct owner outreach, networking, broker relationships, referrals and market intelligence.
• Researching targets and building a pipeline of prospective sellers, including those not actively marketing their businesses.
• Qualifying deals (performance, real estate, fuel arrangements, competition, capital needs, seller expectations) and leading early discussions on valuation and structure.
• Partnering with Finance, Operations, Fuels, Legal, Real Estate and other stakeholders to evaluate deals and prepare recommendations for management approval.
• Preparing and presenting opportunities internally, then coordinating purchase agreements, due diligence, environmental review, licensing, escrow and closing.
• Maintaining the seller relationship throughout the process and managing a disciplined pipeline.
• Traveling regularly across the territory, including overnight travel, to meet owners and evaluate opportunities.

Required profile

• Bachelor's degree in Business, Finance, Real Estate or a related field preferred; experience may substitute for formal education.
• 3+ years in acquisitions, business development, investment sales, commercial brokerage, M&A origination or similar deal-sourcing roles.
• Experience sourcing off-market opportunities strongly preferred; convenience retail, petroleum or multi-unit retail experience preferred.
• Strong business and financial acumen, negotiation and relationship-building skills, and comfort working independently.
• Valid driver's license and ability to travel regularly, including overnight.

Required skills

• Proficiency with Microsoft Outlook, Excel and PowerPoint.
• Knowledge of the convenience store, petroleum or retail real estate industries is desirable but not required.