Tom Sandoval and Tom Schwartz are raising a toast to their business Schwartz & Sandy's. The Los Angeles cocktail lounge and restaurant is set to close at the end of December, the reality-TV personalities revealed in separate Instagram posts on Monday.

Tom Schwartz and Tom Sandoval’s Los Angeles bar Schwartz & Sandy's is closing after two years, the 'Vanderpump Rules' stars tell PEOPLE.

Just two years after opening, Tom Schwartz and Tom Sandoval's Hollywood bar Schwartz & Sandy's will be closing at the end of December.