On an impromptu three-day trip to Aspen Colorado I had the pleasure of meeting 6 local young entrepreneurs. Two months later we are running Escobar, which has become one of the hottest nightlife spots in Aspen. Escobar is a pop-up bar which is slated to remain open until mid April of this year.
The pop-up concept is a great model for this economy. There are plenty of stressed landlords unoccupied spaces and business owners with defunct businesses and. Many are more than happy to establish short-term leases to generate some semblance of a cash flow. For the entrepreneurial operator looking to launch a short term venture this is a very advantageous scenario that affords the ability to generate a cash flow with minimal build out and without having to assume any sort of long-term liability such as a long-term lease etc.