Friday, April 4, 2025

[WOW] Slutty Vegan Business Shrinks to Just Five Locations Amidst Company Restructuring

A few weeks ago we received word that Slutty Vegan had closed its short-lived location in Harlem. We attempted to reach out to the restaurant to no avail.  They suggest that one text them via their website but seem not to be monitoring the provided number.  More closures followed, and then on Tuesday came a story in People that indicated the business had  gone through a "restructuring" in February.

Shuttered Slutty Vegan on Pleasant Hill Road in Duluth

In that article, Aisha "Pinky" Cole Hayes, the restaurant's founder, admitted that she had not been “the operational person,” but sources close to the restaurant - including several who have worked with Cole Hayes - suggest that's only part of the story.  

According to the article, Cole Hayes on March 28 purchased her company back under the name “Ain’t Nobody Coming to See You, Otis LLC” - a reference to a quote from the 1998 film “The Temptations.”

That said, we were unable find an entity by that name registered with the State of Georgia, but did observe a separate entity "Voagies, Inc." that Cole-Hayes registered March 14 as a "foreign profit corporation" with a home jurisdiction of Delaware.  

The People article also stated that Slutty Vegan currently has eight locations including five in Georgia.  The Slutty Vegan app, however, indicates that there are just three locations: Baltimore, Birmingham and Jonesboro.  A fourth location on Edgewood Avenue is still open but was strangely absent from the app.  The status of a location in Brooklyn is unclear but no one answers at the restaurant and its message is the same as closed locations in Atlanta.    

An employee at the Edgewood Avenue location confirmed that locations on Ralph David Abernathy in Atlanta and on Pleasant Hill Road in Duluth are, in fact, closed, and are also marked "permanently closed" on Google.  A visit this past weekend to Truist Park for the Savannah Bananas also confirmed that Slutty Vegan, added to Truist Park in 2023, has been removed from the ballpark for the 2025 season.  

(In our one visit to the Pleasant Hill location we were greeted with "Slut in the door!" and in our brief visit must have heard "slut order up" "virgin slut" "slut in the door" etc. more times than we can count.  "Welcome to Moe's!" is annoying enough; this experience was over the top in the worst way possible.)  

That said, the report in People definitely seemed to amplify some elements of her story while at the same time minimizing [misstating?]  significant facts.  

Recent weeks have not only brought the aforementioned closure but also the closures of its outposts on the campuses of Spelman College, the HBCU in downtown Atlanta, and Georgia Tech.  

The February 26 closure of Slutty Vegan at Spelman College after less than two years in business is disappointing on the surface but perhaps worse still is that the college replaced it with what they indicated the students wanted: the return of Twisted Taco.  

The HBCU released a statement regarding the replacement.  The statement says in part: "The college's student dining advisory group has polled students regarding a dining replacement."  As a result, Twisted Taco will return to campus.

Cole Hayes, a graduate of fellow HBCU Clark Atlanta University, launched Slutty Vegan in August 2018, first as ghost kitchen, then as a physical restaurant in January 2019, with the first location on Ralph David Abernathy Boulevard in the Westview neighborhood of southwest Atlanta.  

Cole Hayes announced a location in Columbus, Georgia in 2021. The restaurant, planned along the city's busy Manchester Expressway, was to replace a former China Express and be built from the ground up with the introduction of the company's first drive-thru.  The former Chinese restaurant was demolished in April 2022 but the new Slutty Vegan was never built and the property is currently listed for sale by Atlanta real estate firm Ackerman & Co.  

"We are the fastest growing independent restaurant franchise in the country!" Cole Hayes proclaims in assorted social media posts.  

Interestingly, it was just a month later in May 2022, that Cole announced Slutty Vegan had received a $25 million investment from restaurateur Danny Meyer’s Enlightened Hospitality Investments and Essence Ventures CEO Richelieu Dennis’ New Voice Fund.  The investment valued what was then a four-unit chain at an eye-popping $100 million.  The money was to be used to "beef up" Slutty Vegan’s C-suite, while also fueling unit growth, according to CEO and founder Pinky Cole.

Meyer's investment came after he partnered with Cole on "SluttyShack" as part of Shack Shack's "Now Serving" collaboration series in 2021.  

Cole Hayes told Forbes in May 2022 that she would use the funds to open 10 more units by the end of 2022 and another 10 in 2023.  Today there are just five locations.  

Speaking at a business franchising event in 2024, Cole claimed that her AUV (Average Unit Volume) was $2M and that Bar Vegan does "$3.6 [million] every year." She went on to claim to have done $16M in revenue in 2023, and was anticipating $24M in revenue in 2024.   

Muhammad Yasin, a veteran of both GPS Hospitality and Panera, was tapped as Slutty Vegan's District Manager while Joi Alexander, a veteran of both Levy Restaurants and CAVA was named Slutty Vegan's National Director of Sales & Catering.  Both joined the business in late 2021 but were gone less than two years later, according to their LinkedIn profiles.

Jason Crain, who joined the business in March 2020 and was named its first President in July 2022, left the business in March 2024, according to his LinkedIn profile.

Slutty Vegan posted to their Instagram page this past November that they were "Looking For A President." It's unclear what came of that search.  

A highly anticipated location in Harlem opened in early March 2023, but less than two years later was closed.  The Harlem location, however, lasted far longer than a location on Bleecker Street in Greenwich Village, which opened in March 2024 and was closed by June.   

Cole Hayes also opened and later closed locations in Athens and Dallas, Texas, that she first called "temporary," as with most closures. Another location in Birmingham also closed, only to be reopened this past fall when Cole "gifted" the franchise to entrepreneur Reatta Myers-Hall.  

A joint venture location at Hartsfield-Jackson Atlanta International Airport was announced in January 2024 with a planned opening this past fall, but it hasn't yet opened, and sources close to the project indicate that it won't.  

Rendering of the previously planned Hartsfield-Jackson location 

A Slutty Vegan spinoff "The Morning After" was to have opened at 881 Marietta Street (formerly Delia's Chicken Sausage Stand) near Georgia Tech, but never did.  An affiliate of Slutty Vegan purchased the property in April 2023 with plans to open later that year, but the restaurant never opened, and Cole Hayes sold the property last March.  

Speaking of spinoffs, Cole Hayes' "Bar Vegan" debuted at Ponce City Market in February 2021.  Another location opened in Lawrenceville this past August but was closed by December.  A combo Slutty Vegan+Bar Vegan location opened in Cole's hometown of Baltimore this past January. That said, it's still marked "coming soon" on the Slutty Vegan website, while other previously closed locations are still listed as if they are active and operating.  

Several real estate sources indicate that the Bar Vegan in Ponce City Market is "in play" and it likely won't be occupying the popular location long term.  

Cole Hayes has long stated that Slutty Vegan will be a billion-dollar brand — “bigger than McDonald's and Burger King and Chick-fil-A,” but as we and others have pointed out, her brand alienates a significant portion of the population by being purely plant-based and another by its "edgy" name.

McDonald's, Burger King, and Chick-fil-A operate a combined more than 65,000 locations, doing more than $60B in revenue.  Slutty Vegan was not then and is not now a $100 million brand or serious challenger to any legacy brand.  

To be clear, Slutty Vegan is not alone in their struggles in the vegan food space.  Actor turned entrepreneur Kevin Hart shuttered his four unit "Hart House" business this past September after just two years in business, abandoning expansion plans that were to have included at least one Atlanta restaurant.  

Unlike Hart House and others, Slutty Vegan does not make its own burgers (they are Impossible or Beyond) nor its own fries (frozen) and there is little "special" about it save for its sauces.  Not only that, its prices are out of reach for many consumers.  The double Veggie Shack at Shake Shack is about $12, is a proprietary burger, and is actually made largely of vegetables.   
 
This strange article paints Slutty Vegan as the winning concept against "competitors" Beyond Meat and Impossible Foods despite the fact that she is their customer, not their competitor.  

The company's FAQ page on its website is also embarrassingly inadequate given the cash infusion Cole Hayes received.    "Our corporate overhead was about $10 million," Cole Hayes told People. “I was chasing something that I couldn’t catch for so many reasons.” 

Cole Hayes did not explain what made operating her handful of restaurants so costly or what the investment money was used for, but it certainly was not accurate or complete nutritional facts or an actual ingredients page.  

In response to "Where can I find your nutritional facts? on the FAQ page, the response reads: 

"Your health and awareness are important to us, we are currently working on our nutritional facts and calorie counts for all of our menu items."

Given the growth she had earlier projected, it's baffling that something this vital to growth could still be incomplete.  

"Where can I find your ingredients?" reads another prompt on the page. 

The response leads you to an Instagram story from more than a year ago with pictures of  "major ingredients" of some items, but given that she is known to use both Impossible and Beyond burgers, it's unclear what you are looking at or how accurate the effort is.   

One commenter on a follow-up story by the AJC summed it up well:

"In less than 3 years, she burned through the $25 million invested by Shake Shack founder Danny Meyer and SheaMoisture founder Richelieu Dennis with an unrealistic multi-state expansion plan that stopped at just 8 company-owned locations in 4 states. Add to that the operational inefficiencies due to the lack of hands on management from her as owner. She co-mingled her personal and business brands focusing more on the personal side with a book, “philanthropy,” and LLC giveaway stunts than her core business which is food. And after failing to scale nationally, now she wants to expand globally in Africa and of all places Dubai."

In addition to her restaurants, Cole Hayes introduced a line of consumer-packaged goods (CPG), including plant-based spinach & artichoke dip.   The "Vegan Bangin' Spinach Artichoke Dip" and "Vegan Hot-Lanta Buffalo Cheese Dip" were introduced but later discontinued from Target.  The Spinach Dip was also introduced at Costco but later discontinued as well.  Cole Hayes stated at a 2024 speaking engagement that the Spinach Artichoke Dip was picked up by Walmart "in week 37" but there is no indication that the product ever hit store shelves of the discount retailer.  

Cole Hayes has in years past been hit with lawsuits in New York and Atlanta from former employees alleging, among other things, that the restaurant withheld a portion of their tips while paying them less than the federal minimum wage and also did not adequately compensate overtime pay.  

A new lawsuit filed April 2 in New York seeks to "remedy illegal conduct under Title VII and the NYCHRL, including sexual harassment, gender discrimination, imposition of a hostile work environment and retaliation by Defendant, his former employer."  The NYCHRL, or New York City Human Rights Law, is a significant anti-discrimination law meant to protect New York City residents from discrimination and harassment based on various protected characteristics in areas including employment.  

Former employees and others who have worked with Cole Hayes tell ToNeTo Atlanta she was not the most pleasant of bosses.  This LinkedIn Op Ed calls into question Cole Hayes' insufficient pay to her hourly workers while reviews on job website Glassdoor also lament long hours and low pay, among other issues.  

The Slutty Vegan has an overall rating of 3.8 stars on Glassdoor with 63% indicating that they "approve" of Pinky Cole as CEO.

Have you been to Slutty Vegan?  Do you think the restaurant is worth the hype or overrated?  What is your favorite plant-based restaurant in Atlanta?

Please share your thoughts below.  

50 comments:

Anonymous said...

Article to long

Anonymous said...

Not

Anonymous said...

Good in depth article. Whole lot of smoke and mirrors

Anonymous said...

It seems they didn’t really have a good business plan & apparently do not treat their staff as they should. Using pre-made impossible burgers & frozen fries didn’t help, people can make that at home themselves & save money.

Mark said...

It seems like she tried to grow too big too fast, her brand had a whole social media hype for a minute which probably convinced her that she needed to capitalize while the light was on her company. Prices are high and people just don't have discretionary income to spend $15 to $20 for a burger combo and are opting to eat at home

Anonymous said...

She owns a Bentley. Blew the investment money. Niche business. Most vegan restaurants don’t last very long

Anonymous said...

I enjoyed their food. I was a follower of theirs on Instagram. Arriving randomly one afternoon during a promotional event, I purchased two different burgers, two fries and their drinks which at the time was the now Serenade brand - an independently owned juice/drink. I travel a lot and go to many restaurants of all types. I found Slutty Vegan held its own. It was delicious and no other restaurant I have visited can make their Impossible burger taste that good. I do have a soy sensitivity so I had to stop eating there but if they are offering Beyond Meat then I’m going to go back no matter how far the drive. I also found it interesting that they knew my birthday upon arrival and giving them my name. Sang to me at the event. I appreciate them a lot and wish them all the success with their brand and employees.

Anonymous said...

I enjoyed their food. I was a follower of theirs on Instagram. Arriving randomly one afternoon during a promotional event, I purchased two different burgers, two fries and their drinks which at the time was the now Serenade brand - an independently owned juice/drink. I travel a lot and go to many restaurants of all types. I found Slutty Vegan held its own. It was delicious and no other restaurant I have visited can make their Impossible burger taste that good. I do have a soy sensitivity so I had to stop eating there but if they are offering Beyond Meat then I’m going to go back no matter how far the drive. I also found it interesting that they knew my birthday upon arrival and giving them my name. Sang to me at the event. I appreciate them a lot and wish them all the success with their brand and employees.

Anonymous said...

This doesn’t even remotely surprise me. I’ve been to Slutty Vegan once and it was…terrible. The wait time was well over two hours (this was during the height of their online popularity). When I finally received my order it was wrong. The yelling of “slut” this and “slut” that was also incredibly annoying and gimmicky. The fries were so salty, they were inedible. I felt scammed out of $20+ dollars for the most mediocre of mediocre meals.

Anonymous said...

I would NEVER allow a company with the name "Slutty" to park in my shopping center if I had one!!!!!!!

Anonymous said...

I don't care how good the food might be, I'm not about to patronize any business with such a vulgar, low-class name.

Anonymous said...

A Bentley? Seriously? Considering she's in food service, that tells you 2 things. She is price gouging in a huge way, and that there's a sucker born every minute.

Anonymous said...

Typical ATL hoe mentality. Buy the flashy car, get full of yourself in the media fame, and like her list of ingredients, devoid of any substance. The black community wants so bad to have something amazing to celebrate, but sadly too many times lack the ability to truly follow through with ability. This reminds me of LaVan Hawkins of Checkers and Burger King hamburger fame. Horrible man, got Rev Al Sharpton to march on Wall Street and on CNN call for black community to boycott Burger King for holding down the “black man” all while Hawkins wasn’t paying the BK vendors. Hawkins ended up in prison.

Anonymous said...

What a bunch of ghetto-minded decision making. Do HBCUs teach basic business principles or just how to look flashy?

Anonymous said...

Maybe increase your reading capacity? Article is fine.

Anonymous said...

What a bunch of racist garbage! Didn’t your mama teach you to keep your fat honky mouth shut? If not the owner probably will teach you eventually if you say something like this to her face.

Anonymous said...

How many shopping centers do you own? None, I’m sure so who gives a shit.

Anonymous said...

You have to have hit your head multiple times like Bonk from Bonk's Adventure (dated video game reference) to think you could dethrone Burger King in a-n-y-t-h-i-n-g. I named ONLY them because the other two restaurants she claimed she would best probably would say "Who" after you told them who she was. Insane in the membrane she is. The best thing she could have done (emphasis on COULD HAVE, because it's too late) is CHANGE THE DAMN NAME! Business 101: you know how you grow? Get F-A-M-I-L-I-E-S to come to you. Comedians do it when they do voice overs for kids movies. What suburban mom wants to take her kids to a place called Slutty anything? "Hey mom! What does slutty mean?" You think she wants to answer that? How stupid and delusional do you have to be to think you can grow this business with that name? It's a gimmick lady. Get over yourself. Also, the author of this article ripped you several new ones in a professional manner. It's the worst takedown I think I've seen on this site. WOW.

Anonymous said...

Hey Anonymous @ 5PM: this is from a non-honky. I approve of the honky's message, cause I'm tired of seeing our community rally behind fads and gimmicks. You probably never owned a business in your life, so stay in your non-business minded lane. I don't know why we using honky anyway, cause we can't do it better than the great George Jefferson. I'm sure he could teach YOU a thing or two if you talked to HIM like that. But maybe not, because he'd be too busy running his SUCCESSFUL businesses!

Anonymous said...

So you complain about racism, yet respond with racism? You’re a moron.

Anonymous said...

Owning a business is tough. If you succeed no one thinks you deserve the money. If you fail everyone will kick you while you’re down.

Anonymous said...

We want minority owned businesses to prosper. Sorry to say this article is so accurate. A Family member worked for this company in several capacities including management in several locations. A lot of stuff was done wrong. Just unfair to the workers.

Anonymous said...

Once again, Eli allows this racism to flood his blog. I’d bet his Bubbe would be weeping right now at the hate he allows to be posted here.

Alex said...

It's pretty obvious she received millions in federal grant money to maintain her businesses because she checks all the boxes. That money spigot has been shut off.

Anonymous said...

As a fellow restaurant owner I’ve had a few dealings with Pinky and she is NOT who yall think she is. She’s just as much of a snake and shiester as her jailbird daddy. She cosplays being charitable while being privately unkind; the proof is in the comments from her employees and others in this article. Due to all of the massive PR she’s been doing with her friend’s platforms and paid platforms on socials, I’m so happy to see a true take on her and her practices. I think we’ll be seeing more news about SV and her in coming years, and not in a good way. I don’t wish her harm but I do wish her what she deserves, however the universe chooses to sway that.

Anonymous said...

Everything you said!!!!!!

Alex said...

It's called being "Ghetto Rich." Welcome to Atlanta.

Anonymous said...

😂😂

Anonymous said...

I think she had a niche market but I agree that slut thing turned me off the first time I went. I thought the food was good though and ordered from then a few more times.

Anonymous said...

More racist garbage from the grand wizard.

Anonymous said...

Nice try, Pinky

Anonymous said...

Your intellect is too shallow

Anonymous said...

This isn't kicking while you're down, this is identifying the behaviors that led to the demise. This ain't the time to ride the fence, it's clear what happened here sir. This was a self-inflicted mortal wound

Anonymous said...

Anonymous @ 9:19 at some point you need to look in the mirror and realize you are just as bad as people who use overt racist slurs. If a Black woman or man, or any ethnicity, makes stupid decisions, calling them out on that is NOT inherently racist. But even if it is racist, tell us what part isn't true. I'll wait...

Anonymous said...

Cue an anonymous person to come in and say your comments are racist! LOL But all in all I appreciate your response, it's very balanced IMO.

Anonymous said...

Well said. As a honky who loves to support all communities and all small businesses that I can, I could never bring myself to patronize her business because of
1) that stupid name and
2) her reputation
Hopefully some other minority owner can learn from this failure.

I encourage all of you to continue to support small and local owned businesses that treat people as they should be treated.

Anonymous said...

Yet you have no problem giving Elon and Tesla billions, right?

Anonymous said...

Who is this “we” you speak of? Focusing on the demographics of the owner of a business literally makes you the racist. You are the problem.

Anonymous said...

Hey look at you, ignoring all kinds of actual progress and applying the actions of a small few to an entire group of people! Good stuff

Anonymous said...

LMAO regarding the "racist" comments. This word is so overused, it has no impact any more. Criticizing someone for their shitty business practices isn't racist. Get over yourself. Get off the victim train. You'll be a much happier person.

Anonymous said...

Having people twerk and do gyrations as they prepare your food is so cringe. The real reason Slutty Vegan failed in Harlem. You have an 24hr Jamaican rest called King Barka! Open 24/7! You can get a jerk chicken meal…large..for $12. Slutty vegan cannot compete with that.

Alex said...

Not sure what Musk, Tesla, or EVs have to do with this failed business and concept. But to answer your question, I'm opposed to government handout, regardless to whoever they're going to.

Anonymous said...

Dined at the Pleasant Hill and skip to the answer, one and done.

Service was slow, food not prepared as requested, and like Moe's the employees welcome each person in. Got old super fast.

Need to make her story into a television show.

Anonymous said...

Shut up

Anonymous said...

She was shady didn't pay her employees stole their Tips it was all over the news! Sometimes Karma spins the block.

Anonymous said...

Love the food great restaurant hope owner gets management experience so it opens location in Duluth again and elsewhere. Definitely should try to make own burger. As a lifelong vegetarian glad to find at least one restaurant that caters to me. I can’t get anything palatable at Cane’s or Chick fila and many other places to eat which is frustrating.

Anonymous said...

Now she is trying to steal ideas from a popular plant based sandwich cafe in Atlanta named RHW with her new hair brain scheme Voagies…
This lady is crazy

Anonymous said...

You should try RHW, plant based cafe and deli in Atlanta.

Anonymous said...

Eli is a racist Jew! Every time he says anything about a Black owned restaurant it's always negative and condescending.

Anonymous said...

You sound like a classic racist! "I have black friends".

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