Every person licensed under the provisions of this chapter shall be subject to regulation, inspection, control and supervision under the general police powers of the city and of all the ordinances of the city now in force or which may hereafter be adopted in aid of such police power and regulation. Nothing contained in this chapter creates any vested right to any person to the assignment, renewal, reissuance, or continuation of any license issued under this chapter. (1983 Code § 5.02.040)