Tom Schwartz Announced Exit From Restaurant Industry

The reality star plans to leave the business following the sale of TomTom in Burbank.

Updated on Oct. 3, 2026 in Openings & Closings

Gouache-painted illustration of an empty, elegant bar counter with a single cocktail glass, evoking the closure of a career chapter. — Reality television personality Tom Schwartz has announced his departure from the restaurant industry following the sale of his Burbank-based business, TomTom. AI Illustration. Upload story photo >

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Tom Schwartz has revealed his intention to depart from the restaurant industry. The move follows the decision to list his business, TomTom, for sale earlier this year due to dwindling revenue.

Why it matters

Schwartz stated that the demands of the restaurant business have become too stressful and all-consuming for him. His decision marks a significant shift as the establishment remains operational while currently on the market.

Tom Schwartz holds a 5 percent ownership stake in TomTom, which was officially listed for sale in March 2026. Business partner Tom Sandoval also recently secured $50,000 for charity during a September 2026 game show appearance.

The players

Tom Schwartz

He is a reality television personality and business owner known for his involvement in various hospitality ventures.

Tom Sandoval

He is a reality television star and partner in multiple hospitality businesses who recently participated in a televised charity event.

Lisa Vanderpump

She is a restaurateur and television producer who maintains oversight of various nightlife establishments.

The details

Schwartz discussed his departure on The Valley After Show and shared updates via his Instagram Story. Although the bar is up for sale, it remains open for business, and Schwartz celebrated a recent charity win with Sandoval at the Smoke House Restaurant in Burbank.

TomTom was listed for sale in March 2026.
Lisa Vanderpump confirmed the bar remained open in June 2026.
Tom Sandoval won $50,000 for charity in September 2026.
Tom Schwartz visited the TomTom location on October 1, 2026.

Market Landscape

This move follows the post-pandemic consolidation of independent nightlife and restaurant entities in the Los Angeles area. The industry continues to see owners exit secondary ventures as operational costs and changing consumer habits impact the viability of boutique bars.

Customers can continue to patronize TomTom as it remains open for business during the transition. The sale process is not expected to disrupt daily service operations for visitors to the Burbank establishment.

The takeaway

Transitioning out of ownership often requires managing assets during a prolonged sale process. Staying informed on the operational status of local businesses can help patrons avoid potential service disruptions.