Perennially struggling business owner Peter Thomas has been hit with yet another eviction notice for non-payment. After moving Bar One in the wake of financial issues and delaying the reopening indefinitely, Peter and his business partner/wife Cynthia Bailey are already behind on rent!
Court documents seeking to evict Peter and Cynthia’s Bar One demonstrate that the Real Housewives Of Atlanta couple owed $1869 for back rent and fines on the Auburn Avenue location. Bar One Atlanta moved locations last year and has been promising a reopening since January 2015 – but in fact the bar has never actually opened its doors! Instead Cynthia and Peter have just been renting the space while ostensibly renovating and apparently they’re running out of money.
Peter Thomas will never give up his quest for reality television relevance! The man who wishes more than anything on earth to hold his very own Real Housewives Of Atlanta peach is dealing with rejection by going forward to get his own spinoff show!
In the past Peter has expressed a desire to have a spinoff that chronicles his restaurants similar to Lisa Vanderpump‘s spinoff Vanderpump Rules. Unfortunately the difference is, other than Lisa being inherently likable, is that Lisa is able to keep a business OPEN and run it successfully. Peter, on the other hand, is routinely closing failed businesses and opening new ones! Such as the case with his newest venture Sports One, a sports bar and grill in Charlotte, NC which Peter opened with Kordell Stewart.
Peter and Cynthia Bailey recently posted casting notices for a new Sports One centered reality show on instagram.
But that wasn’t the only cause for partying – as we reported yesterday Bar One is temporarily closing and reopening in a few months at a new location. Peter’s birthday party doubled as the final event at Bar One: Original Crispy!
“Come help us celebrate our final days @baroneatl as we are relocating to bring you a bigger more spacious location,” Bar One announced on Instagram.
If you recall, Peter was haggling with the landlord in court amid allegations that he owed $100,000 in back rent, fees, taxes, and utilities. The Real Housewives Of Atlanta star countered that he did pay but the landlord, but maintains the landlord wasn’t depositing the money in the bank to pay bills. Peter claims that as a result the building lapsed into foreclosure.
The owners listed the property for sale in March. Peter and Cynthia tried to buy it but someone else outbid them, so Bar One is on the move! While initially distressing given the “success” of the venue, Cynthia acknowledges it was probably for the best. “We had a lot of problems. It’s a residential neighborhood and people didn’t like the music and cars. People were always complaining.”
Bar One has struggled with foreclosure and filed for bankruptcy last year, which necessitated Peter borrowing money from his wife Cynthia Bailey to stay afloat. He also owes back taxes to the State of Georgia!
Peterjust opened a Sports One locale in Charlotte, NC with partner Kordell Stewart and is hoping to land a spinoff for the venture. Perhaps Bravo should film a spinoff about Bar One Atlanta’s legal problems instead, because the feds just issued a $43,000 tax lien against it! #PAYYOURBILLSFOOL
Now comes a report that Peter filed for bankruptcy and was borrowing money, again, from wife Cynthia Bailey to keep his business afloat. A report reveals that in 2013, Peter, via BarOne, filed for bankruptcy owing over $322,000k to various creditors including the IRS and his wife! At that time Peter claimed BarOne’s assets were only $61,000k.
According to documents, Bar One filed for Chapter 11, which would expunge their debts. Listed as creditors are $32,000 owed to the IRS, $118,000 to the State of Georgia for taxes, a slew of other debts, and a whopping $60,000 owed to Peter, himself, for personal monies he investing in the business and was using to cover its operating costs.
The Real Housewives of Atlanta'sPeter Thomas was dropping quite a few secrets earlier this week from the red carpet of the Debra Lee PRE dinner, when he spoke to Madame Noire. During his red carpet interview he talked about a RHOA spin-off, the latest on his costar ApolloNida and his brand new Bar One.
Peter Thomas has made no secret of his dreams of having a RHOA spin-off following the guys from Atlanta — Real House Husbands of Atlanta. Although Bravo — or any other network for that matter — has made no announcement, Peter seems to confirm that the show is a go during his interview.
Could be wishful thinking on his part, but a spin-off may be just what the Dr. ordered if rumors that his wife Cynthia Bailey has been axed. But is that the spin-off he is talking about? Because there have been some other spin-off rumors…