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Anchorage Assembly Chair Ernie Hall says Rumrunner’s, a controversial Downtown bar, will be able to sell its liquor license -- with a few modifications.
Hall says the Assembly altered the license and added conditional-use permits, requiring any new owners to serve 75 percent food and only 25 percent alcohol. The old license was based on a 50-50 split between alcohol and food sales.
Hall says the changes will cost the owners of Rumrunner’s about $700,000 because the potential new owner, Bruce Burnett, won’t be buying any of the bar equipment in the building.
“There is no way they’re going to come even close to breaking even,” Hall said. “They’re going to have a significant cost to this.”
Rumrunner’s has seen several problems over the years, including allegations that its bouncers used excessive force and that it was operating a second bar in its 4th Avenue building without the right permits.
Hall says Burnett will either turn the building into a TGI Friday’s or a different type of restaurant. Regardless of the name, however, any new establishment at Rumrunner’s location will have to close by midnight.
Contact Rebecca Palsha