Acquisitions Manager

Taco Bell; Woking; Hybrid; GBP 70,000 - 100,000; Full time

Benefits offered by this job

Hybrid work schedule

Performance bonus

Generous pension

Private healthcare

Annual holiday 25 days (+5)

Parental leave

Wellbeing reimbursement

Flexible benefits

Job summary

Taco Bell is hiring a Property & Development Lead to steer the UK&I property, development and estates strategy. You will work with franchisees and cross-functional teams to secure sites, manage the portfolio, and maintain brand standards as the business grows.

With 8+ years in multi-site property, MRICS preferred, you will influence partners and lead a small team across UK&I, traveling regularly to markets. The role offers a hybrid schedule and a strong bonus and pension package.

Qualifications

• 8+ years post-qualification experience in multi-site property or hospitality.
• MRICS qualification is preferred.
• Proven track record in site acquisitions across inline, drive-thru and roadside formats.
• Strong estates and lease management experience with reporting skills.
• Experience in facilities management, PPM compliance and budget handling.
• Solid ability to model IRR and P&L for investments.

Responsibilities

• Lead development & acquisition across UK&I, sourcing and negotiating sites.
• Manage estate portfolio including leases, renewals, and dilapidations.
• Own facilities management across the estate with budget discipline.
• Partner with Finance, Operations, Legal, Brand, People and Global teams.

Skills

8+ years exp

MRICS

Site acquisition

Estates & leases

Facilities management

IRR & P&L modelling

Stakeholder management

UK & Ireland travel

Education

MRICS qualification

Job description

JOB DESCRIPTION

Who is Taco Bell?

Taco Bell was born and raised in California and has been around since 1962. We went from selling everyone's favourite Crunchy Tacos on the West Coast to a global brand with 8,200+ restaurants, 350 franchise organizations, that serve 42+ million fans each week around the globe. We're not only the largest Mexican-inspired quick service brand (QSR) in the world, we're also part of the biggest restaurant group in the world: Yum! Brands.

Much of our fan love and authentic connection with our communities are rooted in being rebels with a cause. From ensuring we use high quality, sustainable ingredients to elevating restaurant technology in ways that hasn't been done before... we will continue to be inclusive, bold, challenge the status quo and push industry boundaries.

We're a company that celebrates and advocates for different, has bold self-expression, strives for a better future, and brings the fun while we're at it. We fuel our culture with real people who bring unique experiences. We inspire and enable our teams and the world to Live Más.

At Taco Bell, we're Cultural Rebels. Want to join in on the passion-fuelled fun? Learn more about the career below.

About the Job:

As Property & Development Lead, you will lead the delivery of Taco Bell's property, development and estates agenda across the UK & Ireland, supporting both our equity business and our franchise partners. This role brings together three connected workstreams (development and acquisition, estates management and facilities management) to deliver an integrated property function across the UK & Ireland.

You will identify, evaluate and progress development opportunities in line with the UK&I growth strategy, secure the right sites on appropriate commercial terms, manage the property portfolio and help ensure our restaurants are maintained to brand standard as we scale. You will operate with a high degree of independence within enterprise and Global frameworks, working closely with franchisees, agents, and cross-functional teams to deliver disciplined, profitable growth and a well-run estate.

RESPONSIBILITIES

The Day-to-Day:

Development & Acquisition

• Deliver the UK&I development plan across equity and franchise, identifying and progressing opportunities in line with agreed growth priorities. Source, evaluate and negotiate new site opportunities across agreed target markets , through strong market knowledge, geomapping insight, and regular site visits
• Prepare sites for monthly board approvals, including IRR and P&L modelling, and consult with franchisees on site approvals as their expert advisor
• Maintain a robust pipeline by tracking upcoming developments and future opportunities, and coordinating activities from feasibility through legal completion

Estates Management

• Manage the property portfolio across the estate, including leases, rent reviews, renewals, break options, and dilapidations, protecting brand interests and controlling occupancy cost
• Maintain accurate estate and lease data and reporting, giving leadership clear visibility of portfolio risk, liabilities, and opportunities
• Provide recommendations on estate optimisation opportunities, including relocations, disposals and lease events

Facilities Management

• Own facilities and maintenance management across the estate, ensuring PPM compliance and that scheduled work is completed on time, to standard, and within budget
• Manage FM providers and contractors to clear service levels, tracking R&M spend, contractor performance, and resolving recurring issues at root cause
• Drive simpler, standardised maintenance processes and accurate asset data so restaurants are consistently maintained to brand standard

Cross-Functional Leadership

• Partner with Finance, Operations, Legal, Brand, People, and Global teams to align growth, estates, and facilities with commercial and operational standards
• Provide functional leadership to the property capability, including coaching, setting best practice, and managing a small or matrixed team
• Prepare clear, data-driven updates for leadership and franchise forums, giving visibility on pipeline, portfolio, and estate performance, and where decisions are needed

QUALIFICATIONS

Is this you?

• 8+ years' post-qualification experience in multi-site retail, F&B, or hospitality property, ideally within a franchised or investor-led environment
• MRICS qualification preferred
• Proven track record of acquiring new sites across in-line, drive-thru, and roadside formats, including negotiating favourable terms
• Solid estates and lease management experience, including rent reviews, renewals, dilapidations, and portfolio reporting
• Working knowledge of facilities and maintenance management, including PPM compliance and managing FM providers to service levels and budget
• Strong commercial and financial judgement, comfortable with site economics, IRR, and P&L modelling to support investment decisions
• Confident influencing and challenging franchise partners and senior stakeholders with credibility, without relying on direct authority
• Able to influence stakeholders, share property expertise and build strong collaborative relationships across cross-functional teams Highly organised, able to balance acquisition, estates, and facilities priorities across multiple markets and timelines
• Willingness to travel regularly across the UK & Ireland

Work-Hard, Play-Hard:

• Hybrid work schedule
• Company and performance-related bonus
• Generous pension with up to 11% company contribution
• Private healthcare with the option to increase to include family cover
• Annual holiday allowance starts at 25 days with the option to buy or sell up to 5 extra days per year. After 5 years' service, annual holiday allowance increases to 30 days
• Competitive parental leave and flexible return to work options
• Wellbeing Reimbursement - A fund to claim back costs throughout the year that support your well-being such as vitamins subscriptions, language lessons, gym membership
• Flexible and Voluntary benefits including Dental Insurance, Health Screening and Gym Discounts

At Taco Bell, we Live Más and invite you to do the same. Take a seat at our table. Bring your voice. Bring you, just as you are, a Cultural Rebel. We want you to be your best self!

Taco Bell is proud to be an equal opportunity employer and is committed to equity, inclusion, and belonging for all dimensions of diversity. We do not discriminate based on race, color, religion, sex, sexual orientation, gender identity, national origin, veteran status, disability status, age, or any other protected characteristic.

Taco Bell is committed to working with and providing reasonable accommodation to applicants with disabilities or special needs.