Teamshares · 5 months ago
Regional President - Virginia Beach, VA
Virginia Beach, VA
Full-time
Onsite
Senior Level
7+ years expTeamshares is one of America’s largest buyers of small businesses from retiring owners, aiming to promote employee ownership in small business. They are seeking a Regional President to oversee four restaurants in Virginia Beach, focusing on strategic and operational oversight, driving P&L performance, team development, and guest satisfaction.
CommercialFinancial ServicesFinTechManufacturingRetail
Responsibilities
Serve as Regional President of four Teamshares network restaurants in the food and beverage sector
Set and execute business strategy, in concert with brand leaders, with responsibility for P&L, profitability, and growth
Oversee operational excellence, compliance, and consistency across all locations
Guide the transition to employee ownership by fostering a culture of accountability and pride
Lead and support a team of existing managers and employee-owners
Establish scalable operational systems and processes to improve efficiency and guest experience
Prioritize staff development, performance reviews, and succession planning
Drive the financial strategy and oversight of the region with CFO-level rigor, including revenue forecasting, cost control, capital allocation, and risk mitigation
Provide strong financial leadership by partnering with bookkeepers and Teamshares financial experts to ensure accurate reporting, compliance, and strategic alignment
Lead the development and tracking of key business metrics (KPIs) to support informed, transparent decision-making across all locations
Guide budgeting, cash flow planning, and capital investment strategies to ensure financial health and support long-term growth objectives
Cultivate strong customer relationships and uphold exceptional guest experiences across all sites
Build partnerships with local vendors, suppliers, and community organizations
Identify new revenue opportunities including menu innovation, local marketing campaigns, and location-level initiatives
Lead strategic planning for long-term sustainability, expansion, and product diversification
Qualification
Required
Minimum 7 years in food and beverage management with multi-unit leadership experience
Proven success in running high-volume restaurant operations and leading diverse teams
Strong understanding of restaurant P&L, staffing models, compliance, and day-to-day service dynamics
Experience implementing systems to ensure consistency, efficiency, and profitability
High emotional intelligence with a track record of developing team members and fostering strong, inclusive culture
Comfortable managing performance, mediating conflict, and aligning teams to shared goals
Clear ability to balance short-term tactical execution with long-term business planning
Strong analytical skills, project management experience, and bias for action
High-level financial expertise, with experience in P&L ownership, forecasting, budgeting, and capital planning—ideally in a multi-unit or CFO-like capacity within the hospitality or F&B industry
Benefits
Equity stake both in the network company and in Teamshares
Competitive salary and benefits
Ongoing business and leadership development training throughout your tenure
Access to exceptional medical/dental/vision benefit plans
Paid parental leave
Company
Teamshares
Teamshares is an employee ownership platform for small business.
51-200 employees
Funding
Current Stage
Late StageTotal Funding
$201.75MKey Investors
MPower PartnersSound Point Capital ManagementQED Investors
2024-07-31Series Unknown
2024-02-21Series Unknown
2024-02-01Debt Financing· $75M
Leadership Team
Alex Eu
Co-Founder
Kevin Shiiba
Co-founder & CTO
Recent News
Business Wire
2026-01-21
2025-12-18
Company data provided by crunchbase