Edgartown selectmen Monday renewed Flatbread Company’s alcohol license after voicing concerns about the restaurant’s hours.

Town administrator Pamela Dolby said that last summer the pizza restaurant by the airport kept “sporadic hours” and closed for the season before its announced Sept. 30 closing date.

Nectar’s, the popular Island nightclub and current torch holder for the Vineyard music scene, may be gone by the coming summer, as the company pursues plans to transfer the alcohol license it now holds to its partner, Flatbread Pizza Company.

In quick succession, 17 Airport Road in Edgartown has morphed from the Hot Tin Roof to Outerland to Nectar’s. Now add to that list a name that has nothing to do with rock concerts: Flatbread Martha’s Vineyard. According to managing partner Jim Harrison, the new venture, which shares space with Nectar’s, will bring to the site not only pizza but also “cosmic energy.”