ATLANTA, GEORGIA — Aisha “Pinky” Cole, the entrepreneur behind Atlanta’s viral plant-based burger brand Slutty Vegan, has filed for Chapter 11 bankruptcy protection as she works to reorganize nearly $1.4 million in personal debt, according to court filings.
The filing marks a significant development for one of Atlanta’s most high-profile restaurant founders, whose rapid expansion once made Slutty Vegan a nationally recognized name.
What Court Filings Reveal
Reports indicate that Cole’s largest listed creditor is the U.S. Small Business Administration, which is owed approximately $1.2 million. In addition, filings show she reportedly owes roughly $192,000 to the Georgia Department of Revenue.
The Chapter 11 filing does not mean Slutty Vegan has permanently shut down. Instead, it provides court-supervised protection that allows debts to be reorganized while a repayment strategy is developed.
Chapter 11 bankruptcy is commonly used by business owners seeking structured breathing room to address financial obligations while continuing operations.
Background on Slutty Vegan’s Growth
Slutty Vegan began as a food truck in Atlanta before expanding rapidly during its peak growth period. At one point, the brand reached approximately 14 locations as its plant-based menu and bold marketing approach attracted national attention.
However, several stores have since closed as the company recalibrated operations. Recent months have brought financial and legal challenges tied to real estate obligations and operational costs.
Among the pressures reported were allegations of more than $87,000 in unpaid rent, late fees, and interest connected to two Edgewood Avenue properties in Atlanta.
What Happens Next
According to reporting cited in connection with the filing, the Chapter 11 process is expected to move forward quickly. A bankruptcy teleconference has reportedly been scheduled for mid-March, with a proposed reorganization plan anticipated in June.
The filing signals that Cole is seeking a structured path to stabilize finances and address creditor claims while maintaining the brand’s long-term viability.
Slutty Vegan remains a recognizable name in Atlanta’s restaurant scene, and the outcome of the restructuring process will likely determine its next chapter.
Readers can share their thoughts on this developing business story at GordonRamsayClub.com as we continue covering major restaurant industry updates and financial developments.
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