Tom Schwartz
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Tom Schwartz Says Schwartz and Sandy’s Was ‘Hemorrhaging Money’ Before Closure

During The Valley Season 2 premiere, Tom Schwartz told Jax Taylor all about Schwartz & Sandy’s. Schwartz and his bestie, Tom Sandoval, were partners in their dream bar. However, much has changed since that scene was filmed. Namely, Schwartz & Sandy’s closed down in December 2024.

Tom Schwartz and Tom Sandoval’s bar was forced to close

During The Valley Season 2 After Show, Tom shared some more details with Jax and Jesse Lally about the ill-fated bar. “Honestly, I think I’m still processing everything that happened. I’m at least proud to say that I can walk away knowing that I put everything I had into that place. Almost all of my money,” the Vanderpump Rules alum stated. “Lord knows I over-leveraged myself. I feel like we really never were fully accepted or embraced by the neighborhood, but I’m f*cking proud of that place.”

Then Jax weighed in on how hard Tom worked at the bar. “Every time that I was there, man, you were all in. You were always busting ass,” Jax stated. “You were so good to your employees. Everybody loves you there.” He added, “I think you spent more time there than you did your house.”

However, Tom is at peace with the bar’s untimely end. “I have a newfound sense of peace that I haven’t felt in a long time. It was like perpetual, constant anxiety – when you’re hemorrhaging money,” Tom said. “And you know that this place with your name on the side of the building is not doing as well. Your employees are suffering now. They can’t pay their bills,” he added.

Reportedly, Tom felt “abandoned” by Sandoval as he followed other pursuits. Plus, Scandoval negatively impacted the bar. So, would Tom open another spot? Well, one thing is certain. “I would never put my name on the side of a bar again,” Tom stated. He does still “love being in the bar/restaurant industry.”

 The Valley Season 2 airs on Tuesdays at 9/8c on Bravo and is streaming on Hayu in the UK and Ireland.

TELL US – SHOULD TOM SCHWARTZ OPEN ANOTHER BAR? WOULD YOU LIKE TO SEE HIM AS A FULL-TIME CAST MEMBER IN THE VALLEY?

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