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NAICS 722514, industry

NAICS 722514: Cafeterias, grill buffets, and buffets

NAICS 722514 is the industry code for cafeterias, grill buffets, and buffets. 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 722514 covers

Cafeterias, grill buffets and buffet restaurants serve food from displays or serving lines where customers choose items and pay a set or per item price, with seating on site.

Included in this code

  • Cafeterias
  • Buffet restaurants
  • Grill buffets
  • All you can eat restaurants

Not this code

Businesses that use 722514

Buffet restaurantPublic cafeteriaHibachi grill buffet

Financing for this trade

Buffets finance steam tables, hot holding equipment and buildouts with equipment and SBA 7(a) loans, and buildings with SBA 504. Lenders look at sales volume, food cost control and lease terms.

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Is 722514 the right code for a cafeteria or buffet restaurant?

Yes, if customers serve themselves from a buffet or choose items from a cafeteria line and eat on site. If you run cafeterias for a client company or school under contract, use 722310. Table service restaurants use 722511. All you can eat sushi or hot pot restaurants with ordering at the table usually fit 722511.

What is the SBA size standard for 722514?

SBA sets the size standard for 722514 at $34 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Cafeterias and buffets 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 cafeterias and buffets fall well inside the limit, so size is rarely what decides an SBA application.

What financing do buffet restaurants use?

Buffet operators use SBA 7(a) loans for acquisitions and buildouts, equipment loans for steam tables, warmers and refrigeration, and SBA 504 for owned buildings. Lenders look closely at sales volume, food cost percentage, location traffic and lease length, since buffets need high volume.

What does NAICS 722514 cover?

Cafeterias, grill buffets, and buffets. Industry level code in NAICS 2022, under 72 Accommodation and food services, 722 Food services and drinking places, 7225 Restaurants and other eating places, 72251 Restaurants and other eating places.

What financing do NAICS 722514 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 722514?

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.