449110 - Furniture Retailers
Are you involved in the retail trade industry or considering starting a business in furniture retail? Understanding NAICS code 449110 is crucial for classification, government contracting, and market analysis. This code specifically covers businesses primarily engaged in retailing new furniture, covering everything from household pieces to office and institutional furniture. In this blog post, we'll dive deep into what NAICS 449110 entails, the sector it belongs to, typical business types, size standards, and much more!
What is NAICS Code 449110?
NAICS code 449110 refers to the Furniture Retailers industry. This classification applies to establishments primarily engaged in selling new furniture. These include furniture designed for:
- Household use (living rooms, bedrooms, dining rooms)
- Office environments (desks, chairs, conference tables)
- Institutional settings (schools, hospitals)
Beyond furniture, these retailers often offer related home furnishings and accessories, making this sector vital for both individual consumers and businesses looking to furnish offices or facilities.
Sector Overview: Retail Trade
NAICS 449110 falls under the broad Retail Trade sector. This sector includes businesses that sell merchandise or goods directly to consumers. The furniture retail segment plays an essential role in the economy by providing consumers with access to a wide range of furniture products that meet diverse needs.
Detailed NAICS 449110 Code Description and Examples
The following table breaks down the major components covered under NAICS code 449110:
| Code Details | Description |
|---|---|
| Bed Stores, Retail | Retail outlets specializing in beds and bedroom furniture |
| Furniture and Appliance Stores | Establishments primarily retailing furniture (including appliances) |
| Furniture Stores | Stores selling household, office, and outdoor furniture |
| Mattress Stores | Retailers focusing on mattresses, including waterbeds |
| Office Furniture Stores | Outlets specializing in office furniture and related products |
Typical Business Types and Activities
Businesses that fit within NAICS 449110 engage in selling a variety of furniture products and often include:
- Furniture Stores: Retailers offering household furniture such as sofas, tables, and cabinets.
- Home Furnishing Retailers: Shops that sell complementary products such as lamps, rugs, and decorative accessories.
- Office Furniture Outlets: Specialized stores focusing on office desks, chairs, file cabinets, and ergonomic furniture.
These businesses serve individual consumers, corporate clients, and institutional buyers.
Size Standard for NAICS 449110
For government contracting and SBA purposes, the size standard for NAICS code 449110 is set at:
- $25 million in average annual receipts
This means a business must have average annual revenues of $25 million or less to qualify as a small business under this classification.
Frequently Asked Questions (FAQs)
1. What types of furniture are covered under NAICS 449110?
NAICS 449110 covers new furniture for households, offices, and institutional settings, including beds, sofas, tables, office chairs, and mattresses.
2. Can businesses selling used furniture fall under this NAICS code?
No. NAICS 449110 specifically applies to businesses retailing new furniture. Used furniture retailers may fall under a different NAICS code.
3. Is this NAICS code applicable for online furniture retailers?
Yes, if the primary business activity is retailing new furniture, either in physical stores or through online platforms, this code applies.
4. What are the size standards for small business eligibility under this code?
The SBA size standard is $25 million in average annual receipts.
5. Do furniture retailers also sell accessories and home furnishings?
Many furniture retailers under NAICS 449110 also offer related home furnishings and accessories, enhancing their product offerings.
Conclusion
Understanding NAICS code 449110 - Furniture Retailers is essential for anyone operating in or entering the furniture retail market. This code covers a wide range of retail activities centered on new furniture sales across household, office, and institutional settings. Knowing the classification details, sector information, and size standards helps businesses align with regulatory requirements, participate in government programs, and better target their market.
For businesses aiming to grow or bid on government contracts, ensuring proper classification under NAICS 449110 can open doors to new opportunities.
Keywords: NAICS 449110, Furniture Retailers, Retail Trade, Furniture Stores, Office Furniture, Mattress Stores, Bed Stores, Home Furnishings, Small Business Size Standard, $25 Million, Furniture Retail Industry, Government Contracting
