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Paul Stokes Mrics is a seasoned property professional with 13+ years of experience in acquisitions, development, and franchise management. He has held senior roles at Yum! Brands, The Big Table Group, and DPG - Demipower Group, with expertise in property appraisals, tenant and landlord relations, and business development. As a Head of Property Acquisitions, he has successfully acquired and managed properties for major brands, including KFC and Las Iguanas, with a focus on out-of-town drive-thru sites and high street formats. His education from Reading University in Land Management has provided a solid foundation for his career in property.

Experience

  • DPG - Demipower Group
    • London Area, United Kingdom
    • Head of Property Acquisitions
      • Feb 2023 - Present
      • London Area, United Kingdom

      Demipower is the second largest KFC franchisee with an asset base of over 120 restaurants from South Wales and the Bristol region to the Midlands, Home Counties, East Anglia and London. Looking to acquire new sites to facilitate their continued growth in this large territory. Focus is on out of town drive to and drive thru sites (with some footprint flexibility from 800-2600 sq ft) and smaller high street formats for dine in, grab and go and delivery. Further, we are on the lookout for freehold, asset management/development opportunities for retail and residential with existing buildings or on sites of 1/3 acre+.

  • The Big Table Group
    • London, England, United Kingdom
    • Head of Acquisitions
      • Jul 2021 - Dec 2022
      • London, England, United Kingdom

      Assisting the BTG brands in their city centre restaurant expansion in London and across the UK, with more recent primary focus on Las Iguanas. The role deals with target market mapping, site sourcing and review, agency negotiation, board approvals, legals, licensing, related planning and pipeline management.

    • Head of Franchise Development KFC UKI
      • 2008 - Apr 2021
      • London

      Primarily driving development to expand the brand and drive shareholder value with a record year exceeding 40 new restaurant openings.This role has included organising the monthly property board meetings and development forums, liaising with and managing our 5 strong acquisition team, focused pipeline management, occasional estate management, supporting our franchisees growth, building out a refined development strategy through data driven market planning and helping to create a franchise development policy manual.Further work involved nurturing new business partnerships with key stakeholders, expanding a new smaller asset format in cities, targeted openings in captive and roadside markets, selected franchise growth partner sourcing, and the sales of past equity run restaurants in £M commercial packages to franchisees.Most past direct development experience for the franchise and equity businesses has been from the Midlands to the South of England, much in London, and occasionally in Eire.

    • Director- Client Retail Strategy
      • Sep 2006 - Dec 2007

Education

  • 1981 - 1984
    Reading University
    BSc Hons, Land Management

Suggested Services

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Industry Focus. “Restaurants”

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