Restaurant with live music
The Opportunity Korked is not simply a fitted-out bar. It is an established hospitality brand with a distinctive personality, a loyal community following and a substantial Semaphore venue positioned opposite the foreshore with ocean views. The sale is intended as one complete package: the Korked name and brand, the leasehold business, established customer base and social following, together with the substantial fit-out, furniture, bar and kitchen equipment (note some owned by the premises owner) and the venue's eclectic identity. For a buyer, the opportunity is to take over a recognisable operating concept with significant infrastructure already in place - and then choose whether to continue the existing Korked formula, expand trading hours, grow functions and food service, or further develop the venue's coastal position. With the recent improvements within the Semaphore Rd area, such as the Semaphore Hotel, Federation Hotel, the Palais and the planned council improvements to the Semaphore foreshore ($25M), this presents an excellent opportunity for new owners to welcome the summer in Semaphore.