Rising costs force permanent closures of Inferno and Rum Runners, and possibly Margaritaville

CLEVELAND, Ohio (WOIO) - Inferno and Rum Runners, both located in the Flats, permanently closed just days ago.

Margaritaville, also on the east bank of the Flats, has closed its doors as well, though the permanence of that closure remains unclear.

19 News has reached out to Landlord Bobby George and is waiting to hear back.

In a social media post, a statement from Inferno and Rum Runners said in part: “The decision was made after evaluation of our operations and the economic pressures currently affecting the hospitality and nightlife industry. While we explored multiple options, continuing under current market conditions has proven unsustainable.”

Economic factors affecting restaurants and bars

John Burke, a professor of economics at John Carroll University, said bars and restaurants