The bar can’t rely on games alone, Cobra co-owner Nico Paredes says. Anyone with enough capital and drive can open up a Meltdown bar, and Metz says she receives five to 10 applications a day from interested people all over the world. Cobra has all the bells and whistles of a traditional bar, including signature cocktails, flat-screen TVs and DJs on busy nights. Arcade bars are a hot trend, which suggests many of them will close up once the fad runs its course.