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

It’s a double blow of bad news for Tom Schwartz and Tom Sandoval. Just one day after the Bravo stars revealed they were closing their Hollywood bar Schwartz & Sandy’s, the network announced a Vanderpump Rules reboot with an all-new cast, leaving the reality stars out of a job.

"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.