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Slutty Vegan Founder Files for Chapter 11 Bankruptcy, Owing $1 Million to SBA - Atlanta Business Chronicle
Aisha Cole owes $1.4 million including $1.2 million to the U.S. Small Business Administration amid legal claims and high monthly expenses exceeding income, court records show.
- On Feb. 12, Aisha `Pinky` Cole filed for Chapter 11 protection, disclosing nearly $1.4 million in debt, including $1.2 million owed to the U.S. Small Business Administration and $192,000 to the Georgia Department of Revenue.
- After a 2025 restructuring that followed heavy corporate debt, Cole filed for Chapter 13 in January then withdrew, while landlords on Atlanta properties sued for $87,000 in back rent.
- Total assets of $3,748,000 on her schedules show $2,894,200 in real estate holdings and personal property valued $854,000, including a customer email list with 40,000 entries.
- A bankruptcy teleconference is scheduled for March 12 and a repayment plan is due by June 12 as Slutty Vegan grew to 14 locations, with several closures raising operational stakes for creditors.
- The chain's rapid growth from a 2018 food truck to multiple sites, coupled with Cole's public comments about difficult months, frames the bankruptcy amid high public interest.
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Slutty Vegan Founder Aisha Pinky Cole Files Chapter 11
Aisha “Pinky” Cole, founder of the Atlanta-based restaurant brand Slutty Vegan, has filed for Chapter 11 bankruptcy, citing nearly $1.4 million in debt. According to WSB-TV, court documents show Cole… The post Aisha “Pinky” Cole Files Chapter 11 Bankruptcy for Slutty Vegan appeared first on .
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technologyshout.com‘Slutty Vegan’ owner files for bankruptcy
Aisha “Pinky” Cole, founder of the Slutty Vegan restaurant, has filed for Chapter 11 bankruptcy over nearly $1.4 million in debt.
·Atlanta, United States
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Total News Sources17
Leaning Left2Leaning Right1Center6Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 22%
C 67%
11%
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