A Good Date Becomes a Good Business
While Brandon and Brandi Kosek both attended college in Lincoln, NE, their favorite date night restaurant was Bison Witches. Years after marrying and moving to Omaha, whenever the couple were in Lincoln they’d love to go back to eat at their favorite spot. When the restaurant became available for sale, the Kosek’s jumped at the opportunity and made an offer within days, knowing it was the perfect match.
This wasn’t the first restaurant the couple owned. They had started two restaurants before, but the difference this time was Bison Witches was an existing business. Brandon said there were a lot of advantages to purchasing an established franchise. “It’s so nice to have everything in place, from the layout to the staff,” he said. Whereas a new business involves much more expense, from the build-out, to hiring, marketing, and even holding a grand opening. “You also already have customers in place rather than finding a new customer base,” Brandi added.
Both Brandon and Brandi are equal owners and share all of the responsibilities. The purchase was completed in March, and the couple has focused on training, social media marketing, and developing a cocktail menu for the restaurant. They also have plans to do some light remodeling. The Kosek’s currently live in Papillion but have no issues with frequenting their new business in Lincoln.
Do a lot of research and trust in the process. This is going to be your business, so look into every aspect, both the benefits and the drawbacks. And don't let anyone deter you from your goal."
Eventually Brandon and Brandi hope to bring Bison Witches to the Omaha market. “A lot of people in Omaha went to school in Lincoln and would be excited to have a location in Omaha,” Brandon said. In fact, the Lincoln Journal Star’s People’s Choice Awards voted Bison Witches the best sandwich in Lincoln, although Brandon said the chili con queso is just as good.
For others considering purchasing their own business, the Kosek’s advice is simple: “Do a lot of research and trust in the process. This is going to be your business, so look into every aspect, both the benefits and the drawbacks,” Brandi said “And don’t let anyone deter you from your goal.”
The Firm Deal Review
Reason for Sale: Owner resides in Arizona
Buyers: Bought Bison Witches after starting 2 BBQ restaurants
Employees: Full staff retained, including GM
Lender: Thomas Klein of First National Bank
List Date to Close Date: 99 days