Actuality TV star Lisa Vanderpump’s West Hollywood restaurant on Santa Monica Boulevard, which opened in 2014, might very nicely shut quickly except the restaurant manages to work out a brand new long-term lease. Vanderpump, who doesn’t personal the Pump constructing, has been to this point unable to ink a brand new cope with the landlords, and simply this week a brand new actual property itemizing confirmed the Pump house as up for grabs.
That’s not all. Earlier this month, Pump had its liquor license revoked by the state’s Alcoholic Beverage Management board, although it has since been reinstated. Quickly after, Lisa Vanderpump spoke to Leisure Tonight concerning the myriad troubles on the restaurant, together with the likelihood that the enterprise could also be bought, or that the lease might merely not be renewed.
In that ET report, an unnamed supply says the restaurant has struggled for the reason that begin of the pandemic, and will not be doing nicely financially. Pump has been a fixture on actuality tv for the previous decade, serving as a backdrop to all the scandal, intrigue, and popcorn drama from inside the Vanderpump Guidelines empire. Most just lately, that drama has moved over to Franklin Village’s Schwartz & Sandy’s, the place a dishonest scandal has engulfed one proprietor of the Vanderpump-adjacent restaurant (and naturally it’s all taking part in out on tv). Co-owner Tom Sandoval says that restaurant is now struggling financially as nicely.
Whatever the cash and the tv fame, Pump wants a brand new lease with a purpose to proceed working in West Hollywood. Vanderpump instructed ET that her crew has “an ideal relationship with the owner, and are presently discussing re-signing our lease,” although actual property dealer Leslie Haro says that the owner remains to be actively wanting “for a long-term tenant,” per ET. Haro’s CityStreet Industrial brokerage simply yesterday despatched round a list asserting the supply of the “iconic” restaurant house in West Hollywood. The itemizing doesn’t specify monetary phrases, however states {that a} ten-year lease is on supply and that the tackle must be out there inside the subsequent 90 days. What that finally means for Pump stays to be seen.
This isn’t the primary time the mercurial tv star has discovered herself struggling within the hospitality enterprise. Vanderpump’s upscale Villa Blanca closed in 2020 after failing to discover a appropriate purchaser for years. Vanderpump was additionally sued for $100,000 in 2021 by West Central Produce for non-payment of delivered items to eating places Pump and Villa Blanca.