Franchise FAQ

is specs a franchise

by Tiara Raynor Published 2 years ago Updated 1 year ago
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Singer Specs is a franchise concept in the Healthcare Services industry. It is also considered a Supplies franchise. You can also visit their franchise website to know more about the business.

According to the SBA, SPEC does not meet the Federal Trade Commission (FTC) definition of a franchise.

Full Answer

What is spec's known for?

From Wikipedia, the free encyclopedia Spec's Wine, Spirits & Finer Foods, is a Texas family-owned liquor store chain, with headquarters in Midtown, Houston. Vicki Vaughn of the San Antonio Express-News said that Spec's is "known for its sprawling stores". It is the largest vendor of liquor in Greater Houston.

What is a franchisee?

The franchisee is the individual who buys into the franchisor’s existing business model and trademark to gain the right to sell the franchisor’s goods or services. Oftentimes, entrepreneurs with little experience tend to enter into a franchise for the following reasons:

Why is the store called Spec's?

The store's name originated from his nickname, "Spec's," referring to his eye spectacles. "Spec" Jackson spent $7,000 to have his first store opened. Originally Spec's sold only beer and liquor and functioned as a neighborhood liquor store. 96% of the inventory consisted of liquor.

How much does it cost to start a franchise?

Here are the main financial elements of starting a franchise: Franchise purchase fee: This can cost anywhere from $20,000 to $50,000, depending on the license. Minimum liquid capital: A generally good idea is to have $50,000 to $60,000 for a service-based business, and $75,000 to $100,000 of liquid capital for a facilities-based business.

How many stores does Spec have?

When did Spec's open in Houston?

About this website

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Who is the owner of specs?

The First Spec's Opens in Houston “Spec” Jackson and Carolynn Jackson founded the store.

What family owns specs?

Lindy Rydman, the daughter of the Jacksons, and her husband John Rydman took ownership of the chain. After a customer suggested that Spec's carry snacks, Spec's began to offer delicatessen items.

How many specs does Texas have?

Number of location by each stateState NameNumber Of LocationsTEXAS153Apr 22, 2021

How many specs are there in Houston?

The Warehouse Store is the crown jewel of the 28-store operation. With over 40,000 labels of wines, spirits, liqueurs, beers, and finer foods, Spec's indeed fills all 80,000 square feet of selling space. The walk-in cigar humidor offers over 900 cigars--more than many tobacconist stores.

Who owns Twin Liquors?

With many years of service to the public, Twin Liquors is truly a “family owned and operated” business. The Jabour family has lived in Austin since the late 1800s, and is one of only a few families in the United States with industry roots dating back to Prohibition.

Is specs from Texas?

About Spec's dba Spec's Liquors is a closely-held company owned and operated by the same Houston family since 1962. The Company currently operates in 199 locations across the State of Texas in Houston, Corpus Christi, San Antonio, Austin, El Paso, Dallas/Fort Worth, and many other smaller cities.

Can you sell liquor on Sunday in Texas?

Can you buy liquor on Sunday? Despite changes in Texas law on when beer and wine can be sold, liquor is still not allowed to be sold on Sunday at liquor stores.

Can you buy beer on Sunday in Texas?

At what time can beer and alcohol be purchased on a Sunday in Texas? The law allows retailers selling beer and wine to begin those sales at 10 a.m. on Sunday.

What time can you buy alcohol in Texas?

Monday – Friday: 7 a.m. – midnight. Saturday: 7 a.m. – 1 a.m. (Sunday morning) Sunday: 10 a.m. – midnight. A wine-only package store that holds a beer license may not sell wine containing more than 17% alcohol by volume on a Sunday or after 10 p.m. on any day.

How many constitutions has Texas had?

The current constitution is the seventh in Texas history. The previous six were the 1827 Constitution of the State of Coahuila and Tejas, the 1836 Constitution of the Republic of Texas, and different versions of the constitution of Texas for the years 1845, 1861, 1866, and 1869.

How many communitys are there in Texas?

As of 2019, Texas has 1220 Incorporated municipalities. The 2020 United States Census reports a population of the state of 29,145,505 on April 1, 2020.

How many towns are in Texas?

HoustonAustinDallasSan AntonioTexas CityEl PasoTexas/Cities

How many educational special districts does Texas have approximately?

Education. Education is the most recognized form of a special purpose district. Independent School Districts Texas has 1,108 independent school districts, including charter, university, and military schools.

Contact Us - Spec's Wines, Spirits & Finer Foods

I’ve been working with Spec’s for over 15 years and have had the pleasure to watch the company expand. During this time, I’ve become a Certified Wine Educator, Certified Specialist of Spirits, and Certified Sommelier and have had the extreme pleasure of becoming one of 200 Bourgogne Wines Ambassadors in the world.

Spec's Wine, Spirits & Finer Foods - Wikipedia

Spec's Wine, Spirits & Finer Foods, is a Texas family-owned liquor store chain, with headquarters in Midtown, Houston.. Vicki Vaughn of the San Antonio Express-News said that Spec's is "known for its sprawling stores". It is the largest vendor of liquor in Greater Houston. Dale Robertson of the Houston Chronicle said that Spec's was "Houston’s 800-pound wine gorilla."

Corporate Archives - Spec's Wines, Spirits & Finer Foods

For over 25 years, I have been involved in Facilities Management, Distribution, Strategic Planning and Fleet Operations for Spec’s locations…

SPEC'S LIQUOR STORE Careers and Employment | Indeed.com

Find out what works well at SPEC'S LIQUOR STORE from the people who know best. Get the inside scoop on jobs, salaries, top office locations, and CEO insights. Compare pay for popular roles and read about the team’s work-life balance. Uncover why SPEC'S LIQUOR STORE is the best company for you.

Spec's Wines, Spirits & Finer Foods - Yelp

COVID update: Spec's Wines, Spirits & Finer Foods has updated their hours, takeout & delivery options. 460 reviews of Spec's Wines, Spirits & Finer Foods "This isn't just the most FABULOUS liquor store in the United States its also Houston's version of Zabars. If you come here be prepared to be bedazzled by the selections they have. With over 40,000 labels of wines, spirits, liquors, and beers ...

Who owns Spec's snacks?

In 1996 the Jacksons died, with one dying six months after the other. Lindy Rydman, the daughter of the Jacksons, and her husband John Rydman took ownership of the chain. After a customer suggested that Spec's carry snacks, Spec's began to offer delicatessen items. In 2002 the chain had 475 employees and 24 stores in Greater Houston.

Where is Spec's Wine and Spirits located?

Spec's Wine, Spirits & Finer Foods. Spec's Wine, Spirits & Finer Foods, is a Texas family-owned liquor store chain, with headquarters in Midtown, Houston . Vicki Vaughn of the San Antonio Express-News said that Spec's is "known for its sprawling stores". It is the largest vendor of liquor in Greater Houston .

What is Spec's Charitable Foundation?

The Spec's Charitable Foundation, established in 1996, supports educational programs. Spec's holds an annual event, the Vintage Virtuoso dinner and wine tasting, which benefits the Houston Symphony.

When did Spec's expand?

The store had been expanded to its current size in the 2000s, as part of the Rydmans' celebration of the chain's 40th anniversary. As part of the expansion, Spec's purchased two pieces of land on both sides of the warehouse and pieces of land along the streets between the warehouse, adding one block of land. John Rydman said that it would have been easier for Spec's to build a new store and warehouse on another city block, rather than renovate the original store and warehouse, but "we are locked on retaining the original warehouse and we want to preserve the look and feel we currently have." The original wine storage facility was several blocks away; John Rydman said that it was not sufficiently efficient.

Where did the name Spec's come from?

"Spec" Jackson and Carolynn Jackson founded the store. "Spec" Jackson wanted to work for himself and make enough money so Carolynn would not have to work. The store's name originated from his nickname, "Spec's," referring to his eye spectacles.

When did Spec's open in San Antonio?

In 2009 Spec's announced plans to open a store in Live Oak, giving the chain its first store in Greater San Antonio. After the City of Killeen legalized the sale of packaged liquor at the end of 2010, Spec's scheduled the opening of its Killeen store on August 5, 2011.

How many stores does Spec have?

Spec’s phenomenal growth now includes 24 stores and 475 employees all over the Greater Houston area.

When did Spec's open in Houston?

The First Spec’s Opens in Houston. The original Spec’s opened in 1962 in Houston. Carroll B. “Spec” Jackson and Carolynn Jackson founded the store. “Spec” Jackson wanted to work for himself and make enough money so Carolynn wouldn’t have to work.

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