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NAICS 459420, industry

NAICS 459420: Gift, novelty, and souvenir retailers

NAICS 459420 is the industry code for gift, novelty, and souvenir retailers. Use it on loan applications, tax forms and registrations. Explore financing for retail and start your application when you are ready.

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What 459420 covers

Gift, novelty and souvenir retailers sell gifts, novelties, souvenirs, seasonal decorations and party goods. Hospital gift shops and tourist souvenir stores are typical.

New code in NAICS 2022, replacing 453220.

Included in this code

  • Gift shops
  • Souvenir shops
  • Party supply stores
  • Holiday decoration stores
  • Online gift retailers

Not this code

Businesses that use 459420

Tourist souvenir shopParty supply storeHospital gift shop

Financing for this trade

Gift shops use seasonal lines and SBA loans. Lenders look at tourist seasonality and lease terms.

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Is 459420 the right code for a gift shop?

Yes, if you sell gifts, souvenirs, novelties or party goods to the public. Home decor stores use 449129, and toy stores use 459120. If your work overlaps, also read the definitions for 449129 (all other home furnishings retailers) and 459120 (hobby, toy, and game retailers), then choose the code that matches your largest source of revenue.

What is the SBA size standard for 459420?

The SBA size standard for 459420 is $14M in average annual receipts. SBA averages total gross receipts over the last five completed fiscal years and adds in any affiliates under common control. A gift shop at or below that figure counts as small for SBA 7(a) and 504 loans and for federal small business contracts.

What financing helps a gift or souvenir shop?

A seasonal line of credit funds inventory before the tourist season or holidays, and SBA 7(a) loans fund buildouts and purchases. Lenders review seasonal cash flow, lease terms and visitor traffic. Businesses within the $14M SBA size standard can also use SBA 7(a) loans of up to $5 million for working capital, equipment or a buyout, and SBA 504 loans for owner occupied buildings.

What does NAICS 459420 cover?

Gift, novelty, and souvenir retailers. Industry level code in NAICS 2022, under 44-45 Retail trade, 459 Sporting goods, hobby, musical instrument, book, and miscellaneous retailers, 4594 Office supplies, stationery, and gift retailers, 45942 Gift, novelty, and souvenir retailers.

What financing do NAICS 459420 businesses use?

Equipment financing, working capital, SBA loans and invoice factoring are the products placed most for retail businesses. Start an application and the AI matches the deal to lenders that fund this code.

Where do I put NAICS 459420?

On the SBA loan application, on federal Schedule C or Form 1120, on SAM.gov and state registrations, and on most lender applications. A business can report more than one code; use this one if it describes what produces most of your revenue.