*Aisha “Pinky” Cole Hayes, the entrepreneur behind the Slutty Vegan restaurant franchise, is going through a severe monetary disaster. The Atlanta Enterprise Chronicle first broke the information that Cole Hayes has filed for chapter safety, disclosing $1.4 million in whole debt.
The majority of what she owes — $1.2 million — is tied to the U.S. Small Enterprise Administration, with an extra sum of almost $200,000 excellent to the Georgia Division of Income. Her path to the present submitting was not easy. Cole Hayes pursued Chapter 13 safety in January, withdrew that submitting, after which moved ahead with a Chapter 11 submitting on February 12, arriving at that call inside a yr of profitable again possession of Slutty Vegan after the enterprise had beforehand slipped from her arms because of monetary pressure.
Cole Hayes spoke candidly in regards to the ordeal in a video shared on Instagram. “The final couple of months, it’s most likely been essentially the most extremely troublesome of my entrepreneurial life,” she stated. “As of Feb. 13, the corporate went by means of a worldwide restructuring. And because of that, that meant that I not personal the corporate… I’ve gone by means of each emotion conceivable — Grief, unhappiness, worry, melancholy, uncertainty.”
She continued, “What a number of us entrepreneurs undergo, I’ve gone by means of. However I spotted that so long as I proceed to stay to my religion, God will at all times be by my aspect. And as onerous as change is, it’s mandatory, however it’s at all times for the nice.”
What started as a meals truck operation in 2018 grew quickly right into a recognizable model with a number of storefronts throughout Atlanta and different markets. The street since has been rocky, with quite a lot of these areas closing and a pair of Atlanta-based landlords pursuing authorized motion to get better $87,000 in unpaid hire.
Earlier than the model underwent restructuring in 2025, Cole Hayes was carrying $20 million in debt, partly attributed to operational prices that spiraled throughout her absence from the corporate.
The developments come as Cole Hayes prepares for a brand new public chapter, having just lately been introduced as a solid member on “Actual Housewives of Atlanta.”
MORE NEWS ON EURWEB.COM: Slutty Vegan Founder Pinky Cole Plans Comeback and Enlargement After Shedding Multi-Million-Greenback Enterprise
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