6-Location Colorado Restaurant Package: $12.9M+ in 2025 Net Sales!

COLORADO SPRINGS, Colorado

Asking Price $2,800,000 Year Established 1997
Annual Revenue $12,909,633 Reason for Selling Other  
Annual P/L Attention Allison Gregory
Annual Cash Flow $0 Listing Number 1017314  
# of Employees 150 Business Category Food & Beverage: Restaurants, Fast Food, Deli

Business Overview:

6-Location Colorado Restaurant for sale Package: $12.9M+ in 2025 Net Sales, Liquor Licenses, Some Outdoor Seating, and Over 50-Year History!

An exceptional opportunity to acquire a six-location Restaurant for sale package of established Black-eyed Pea restaurants operating across Denver Metro and Southern Colorado trade areas! This multi-unit restaurant portfolio generated more than $12.9 million in combined Net Sales in 2025 and offers an incoming operator immediate scale, trained teams, substantial restaurant infrastructure, and the benefit of a restaurant name with more than five decades of history.

From We Sell Restaurants, Black-eyed Pea traces its roots to 1975, when the first restaurant opened in Dallas, Texas. The concept became known for homestyle American comfort food and grew into a major regional restaurant chain with more than 100 locations at its peak. The brand developed generations of customer recognition around favorites including chicken-fried steak, pot roast, freshly prepared vegetables, and other classic comfort-food offerings.

The Colorado operation has its own long-standing history within the brand. The rights to the Colorado Black-eyed Pea restaurants were acquired by local ownership in 2008, and the concept has continued serving Colorado communities for years. Today, Black-eyed Pea remains an established name throughout the Front Range. For a Buyer interested in continuing the Black-eyed Pea concept, this acquisition presents a unique opportunity to carry forward the iconic brand in Colorado as its sole operator.

This offering includes six operating Colorado restaurants located in: Westminster, Northglenn, Parker, Englewood, Colorado Springs, and Pueblo. These are large-format, fully built-out restaurant locations offering substantial seating capacity, commercial kitchens, bars, liquor licenses, and extensive equipment and infrastructure already in place.

Importantly, a Buyer is not limited to continuing the existing Black-eyed Pea concept. The six restaurants may be operated under the existing brand or offer a compelling conversion opportunity for another restaurant concept, subject to lease, licensing, and other applicable approvals.

This flexibility allows a Buyer to acquire six established, fully built-out operations rather than individually sourcing, building, equipping, staffing, and opening new locations. The portfolio includes existing customer bases, employees, operating systems, liquor licenses, substantial restaurant infrastructure, and an established presence across multiple Colorado markets.

With four locations throughout Denver Metro and two in Southern Colorado, the package offers immediate scale and geographic diversification - whether continuing the Black-eyed Pea concept or accelerating the expansion of another restaurant brand.

Opportunities to acquire a restaurant portfolio of this size, with this level of annual revenue and a brand history dating back more than 50 years, are uncommon.

Additional financial information, individual location performance, lease information, equipment details, and other confidential information are available to qualified Buyers following execution of a confidentiality agreement and verification of financial qualifications.

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Property Features and Assets:

Complete List in Multi-Unit Package Forthcoming

Market Competition and Expansion:

Established Colorado footprint with immediate scale and brand recognition. The concept occupies a recognizable comfort-food niche. Six operating restaurants are a significant barrier to replication. Existing liquor infrastructure. $12.9M+ Net Sales.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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