El Paso businesses cite rising expenses, falling sales in latest closures

EL PASO, Texas (KTSM) — Chihuahua Charlie’s, which opened earlier this year, announced its upcoming closure in a social media post, writing that “the economy has caught up to us” and that the owners could no longer continue operations.

Matteo’s Mexican Food also announced the closure of all four of its locations. In a statement, the restaurant cited rising inventory costs and a drop in sales as some of the reasons for the closures.

Matteo’s restaurants closing all 4 Borderland locations

The Baked Bear, a national dessert chain, confirmed it is closing its West Towne Marketplace location after seven years in El Paso. The shop thanked customers for their support but did not provide a specific reason for the closure.

The Baked Bear new to list of businesses closing in El Paso

Other local businesses say they’ve been feeling similar financial strain this year.

At World Boba and Coffee, co-owner David Ramos said that while the business remains open, 2025 has looked different from their first two years…

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