NAICS 722515: Snack and nonalcoholic beverage bars
NAICS 722515 is the industry code for snack and nonalcoholic beverage bars. Use it on loan applications, tax forms and registrations. Explore financing for restaurants and start your application when you are ready.
What 722515 covers
Snack and nonalcoholic beverage bars prepare and sell specialty snacks and drinks for consumption on or near the premises, such as coffee shops, ice cream and frozen yogurt shops, donut shops, juice and smoothie bars, bagel shops and bubble tea shops.
Included in this code
- Coffee shops and cafes
- Ice cream and frozen yogurt shops
- Donut shops
- Juice and smoothie bars
- Bagel shops
- Bubble tea shops
- Cookie and pretzel shops
Not this code
- Limited service restaurants: see 722513 Limited-Service restaurants
- Retail bakeries baking on site: see 311811 Retail bakeries
- Candy stores: see 445292 Confectionery and nut retailers
Businesses that use 722515
Financing for this trade
Coffee and snack shops finance espresso machines, ovens and freezers with equipment loans, buildouts and franchise fees with SBA 7(a) loans, and use revenue based financing against card sales. Lenders look at daily sales, location traffic, lease terms and franchise brand.
Apply for funding with AIIs 722515 the right code for a coffee shop, ice cream shop or juice bar?
Yes, if you mainly sell coffee, ice cream, frozen yogurt, donuts, bagels, smoothies, juice or bubble tea. Coffee shops that also sell sandwiches still fit here if drinks and snacks lead sales. Counter service restaurants selling full meals use 722513. Bakeries producing goods for sale mainly elsewhere use 311811.
What is the SBA size standard for 722515?
SBA sets the size standard for 722515 at $22.5 million in average annual receipts, averaged over the last five completed fiscal years and counting affiliates. Snack and nonalcoholic beverage bars 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 snack and nonalcoholic beverage bars fall well inside the limit, so size is rarely what decides an SBA application.
What financing do coffee shops use?
Most coffee shops use SBA 7(a) loans or SBA microloans for buildouts, equipment loans for espresso machines, grinders and refrigeration, and revenue based financing tied to card sales for working capital. Lenders look at foot traffic, daily sales, lease terms and the owner's experience.
What does NAICS 722515 cover?
Snack and nonalcoholic beverage bars. 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 722515 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 722515?
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.