Spec's

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Spec's - overview

Established

1965

Location

Houston, TX, US

Primary Industry

Retail

About

Spec's Wines, Spirits & Foods is a retail company offering a wide range of alcoholic beverages and gourmet food products, catering to both consumers and businesses with quality selections for social gatherings. Founded in 1965, Spec's Wines, Spirits & Foods operates as a specialized retailer in Houston, US, providing a diverse range of alcoholic and gourmet food products. The company is led by CEO Trev Sanford and has successfully completed a single funding deal on August 1, 2015. Spec's Wines, Spirits & Foods specializes in the retail of a diverse range of alcoholic beverages including wines, spirits, and beers, as well as gourmet foods and accessories.


Catering to individual consumers and businesses, Spec's enhances social events with quality products available across various urban centers in Texas and neighboring states. Spec's Wines, Spirits & Foods generates revenue through direct sales at retail locations and online orders for home delivery or pickup. Their competitive pricing includes flagship products like Tito’s Handmade Vodka and Kendall-Jackson Vintner’s Reserve Chardonnay, supported by loyalty programs and collaborations with local businesses and event planners. Spec's Wines, Spirits & Foods plans to leverage its 2015 funding to design and launch new product lines that cater to emerging consumer trends.


The company is focused on expanding its footprint into additional markets, aiming for regions beyond Texas by 2025. Recent funding will support these initiatives by enhancing product development and marketing efforts.


Primary Industry

Retail

Sub Industries

Retail

Website

www.specsonline.com

Total Amount Raised

Subscriber access only

Spec's - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedSpec's-

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