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NAICS 722410, industry

NAICS 722410: Drinking places (Alcoholic beverages)

NAICS 722410 is the industry code for drinking places (alcoholic beverages). Use it on loan applications, tax forms and registrations. Explore financing for restaurants and start your application when you are ready.

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What 722410 covers

Drinking places are bars, taverns, pubs, nightclubs, lounges and taprooms that mainly serve alcoholic drinks for consumption on site. They may serve limited food, but drinks are the core business.

Included in this code

  • Bars and taverns
  • Pubs
  • Nightclubs
  • Cocktail lounges
  • Wine bars
  • Taprooms where drinks dominate

Not this code

Businesses that use 722410

Neighborhood barCocktail loungeNightclubWine bar

Financing for this trade

Bars finance buildouts, bar equipment and sound systems with SBA 7(a) loans and equipment loans, buy buildings with SBA 504, and often use merchant cash advances or revenue based financing tied to card sales. Lenders look at liquor license status, monthly card sales, lease terms and the owner's hospitality experience.

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Is 722410 the right code for a bar, tavern or brewpub taproom?

Yes, if most of your revenue comes from serving alcoholic drinks for consumption on site, as in bars, pubs, nightclubs, lounges and wine bars. If food sales are the larger share and guests order at tables, 722511 fits better. Breweries that mainly brew and distribute beer use 312120, even with a taproom. Liquor stores use a retail code.

What is the SBA size standard for 722410?

SBA sets the size standard for 722410 at $9 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Drinking places at or under that figure qualify as small businesses for SBA 7(a) and 504 loans and for federal small business set asides. Most independent drinking places fall well inside the limit, so size is rarely what decides an SBA application.

What financing do bars and nightclubs use?

Common choices are SBA 7(a) loans to buy a bar or fund a buildout, equipment loans for draft systems, coolers and sound gear, and SBA 504 loans for owned buildings. Many also use revenue based financing or merchant cash advances against card sales. Lenders look at the liquor license, card sales history, lease and owner experience.

What does NAICS 722410 cover?

Drinking places (Alcoholic beverages). Industry level code in NAICS 2022, under 72 Accommodation and food services, 722 Food services and drinking places, 7224 Drinking places (Alcoholic beverages), 72241 Drinking places (Alcoholic beverages).

What financing do NAICS 722410 businesses use?

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

Where do I put NAICS 722410?

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.