Tom Schwartz And Tom Sandoval Aren’t As Close For This Reason

Nonetheless, attributable to monetary challenges, issues shifted between Sandoval and Schwartz after they closed the bar’s doorways for good in December 2024.

In a brand new interview, a supply near Tom Schwartz and Sandoval mentioned the place the pair stands immediately and revealed that issues have not been going effectively. In truth, the supply asserted that their failed enterprise truly “ruined” their friendship.

After becoming a member of forces with Lisa Vanderpump to open their first bar, “TomTom,” Schwartz and Sandoval ventured out on their very own to open their second institution, “Schwartz & Sandy’s.”

Nonetheless, a while after opening, their bar’s visitors declined, reportedly attributable to components together with the COVID-19 pandemic and Sandoval’s salacious affair with Raquel Leviss, dubbed “Scandoval.”

“Sadly, the present local weather for this enterprise is fairly tough,” Schwartz advised PEOPLE in 2024. “Recovering from all of the negativity post-scandal wasn’t straightforward, and the slimmer margins post-COVID made it even more durable to bounce again. There’s not lots of room for error within the restaurant/bar enterprise.”

“It is already a tricky enterprise, and the harm from relentless unfavorable press during the last 12 months made it even more durable,” he added. “It was troublesome to not really feel resentful and bitter, however finally, we needed to let it go — no extra replaying what went flawed.”

Now that Schwartz has had time to replicate on what went flawed, a supply advised The US Sun that the truth star has been very “vocal” about “by no means” going into enterprise with Sandoval once more.

The supply added that “Schwartz and Sandy’s closing ruined their friendship,” earlier than stating it “put a extreme fracture of their relationship that they’ve partially recovered from, however I do not suppose they totally ever will.”

In keeping with the supply, the “monetary spoil” strained their relationship and led to many “nasty fights” and disagreements over what was greatest for the enterprise.

“On the finish of the day, there’s nonetheless love, however the belief that they had earlier than has been damaged between them,” the insider shared.

In addition they added that Schwartz, 42, remains to be “financially recovering” from the bar’s closure and shedding “Vanderpump Guidelines” hasn’t helped him, both.

Regardless of these challenges, Schwartz has beforehand acknowledged that he and Sandoval will always be like family, contemplating their years-long friendship.

“He is household for me,” the 42-year-old stated. “I’ll all the time love Tom Sandoval, however in fact, I’ve some deep-rooted frustrations nonetheless. However not holding onto that sh-t.”

“I am at the very least proud to say that I can stroll away figuring out that I put all the things I had into that place,” he famous. “Nearly all of my cash. Lord is aware of I over-leveraged myself. I really feel like we actually by no means have been totally accepted or embraced by the neighborhood, however I am f-cking pleased with that place.”

Schwartz additionally stated that now that his bar is closed, he is discovered a brand new “sense of peace” that was unfamiliar to him earlier than, stating the bar’s funds put him in a continuing state of “anxiousness.”

“It was like perpetual, fixed anxiousness—once you’re hemorrhaging cash. And you recognize that this place along with your identify on the aspect of the constructing will not be doing as effectively. Your workers are struggling now. They cannot pay their payments. It is only a lot,” he stated.

Nonetheless, Schwartz additionally realized a lot from the expertise and located a brand new “appreciation for all times.”