Cresten Capital Holdings · 9 hours ago
Operating Partner
Sioux Falls, SD
Full-time
Onsite
Director/ExecutiveCresten Capital Holdings is seeking an Operating Partner to oversee all operational aspects of their bar and restaurant group. This role involves driving performance, profitability, and guest experience while building scalable operational systems and developing management teams that align with the company's culture and standards.
Asset ManagementProperty ManagementReal EstateReal Estate InvestmentRental Property
Responsibilities
Provide leadership, direction, and oversight for all locations
Develop and execute operational strategies that align with company goals and growth plans
Standardize best practices across locations to ensure consistent quality, efficiency, and brand identity
Conduct regular site evaluations, providing actionable feedback and guidance to General Managers
Partner with executive leadership on operational planning for new openings, renovations, and market expansions
Oversee financial performance of all units, including sales, labor, food, and beverage costs
Analyze P&L statements and key performance metrics to drive profitability and operational efficiency
Collaborate with executive leadership on budgeting, forecasting, and financial reporting
Identify and implement strategies to increase revenue and optimize expenses
Recruit, develop, and mentor management and operational staff
Foster a culture of accountability, empowerment, and continuous improvement
Lead regular meetings and training initiatives
Support performance processes, including evaluations, coaching, and succession planning
Champion a culture of hospitality and ensure exceptional guest experiences across all locations
Maintain brand standards and operational consistency in food, beverage, and service quality
Address and resolve guest feedback and high-level service issues when escalated, including on-site support
Ensure all venues comply with federal, state, and local regulations, including health, safety, and liquor laws
Oversee licensing, inspections, and compliance documentation across all properties
Implement and monitor safety and security protocols for staff and guests
Qualification
Required
Proven ability to manage, lead & develop teams
Strong analytical and financial acumen, with deep experience in P&L management
Excellent leadership, communication, and organizational skills
Proficient in operational systems including POS, scheduling, inventory, and reporting tools
Knowledge of food safety and sanitation standards (ServSafe certification preferred)
Ability to work flexible hours, including evenings, nights, weekends, and holiday as business needs require
Ability to move throughout all areas of bar, restaurant and kitchen environments
Must be able to lift 25+ pounds at times
Preferred
ServSafe certification preferred
Company
Cresten Capital Holdings
Cresten Capital Holdings is an asset management and investment firm specializing in real estate.
Founded in 2016
11-50 employees
Funding
Current Stage
Early StageLeadership Team
Kevin Tupy
Managing Partner
Company data provided by crunchbase