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

"Vanderpump Rules" stars Tom Sandoval and Tom Schwartz are set to close down their Los Angeles bar, Schwartz & Sandy's, at the end of December.

With a heavy heart, we’ve made the difficult decision to close Schwartz & Sandy’s at the end of December," the reality TV star says.