4492 - Electronics and Appliance Retailers
Introduction
Understanding NAICS codes is vital for businesses, government contracting, and market analysis. One key classification in the retail sector is NAICS Code 4492, which represents Electronics and Appliance Retailers. This code is essential for identifying companies engaged in selling consumer electronics and household appliances, a booming and competitive segment in retail trade.
What is NAICS Code 4492?
NAICS Code 4492 covers establishments primarily engaged in the retailing of new electronics and appliances. These businesses sell directly to consumers, focusing on items for personal or household use. This includes a variety of products such as:
- Household appliances (refrigerators, ovens, washing machines)
- Audio and video equipment (stereos, TVs, home theater systems)
- Consumer electronics (smartphones, cameras, computers)
Sector: Retail Trade
NAICS Code 4492 is part of the broader Retail Trade sector. Retailers in this classification operate storefronts or online stores where consumers can purchase electronics and appliances to meet their everyday needs.
Typical Business Types and Activities
Businesses under NAICS 4492 generally include:
- Consumer Electronics Stores: Selling smartphones, tablets, laptops, and related accessories.
- Household Appliance Stores: Retailers specializing in refrigerators, microwaves, washers, dryers, and other large appliances.
- Audio and Video Equipment Retailers: Providing products like TVs, speakers, projectors, and home theater systems.
Size Standards for NAICS Code 4492
To qualify as a small business under NAICS Code 4492 for government contracting purposes, the SBA sets size standards based on annual receipts:
- Small Business Size Standard: $38.5 million (average annual receipts over the past 3 years)
Meeting these standards is crucial for businesses seeking preferential treatment in federal contracting or financing.
Examples of Businesses Under NAICS Code 4492
Some typical businesses classified under this code include:
- Best Buy Co., Inc. (consumer electronics retail chain)
- BrandsMart USA (household appliances and electronics)
- Fry's Electronics (now defunct but historically relevant)
- Local and regional electronics and appliance stores
NAICS Code 4492 Details
| Attribute | Description |
|---|---|
| NAICS Code | 4492 |
| Title | Electronics and Appliance Retailers |
| Sector | Retail Trade |
| Industry Description | Retailing new electronics and appliances directly to consumers for personal or household use |
| Typical Products | Household appliances, audio & video equipment, consumer electronics |
| Examples of Establishments | Consumer electronics stores, household appliance stores, audio & video equipment retailers |
| Small Business Size Standard | $38.5 million (average annual receipts) |
FAQ: NAICS Code 4492 - Electronics and Appliance Retailers
What types of products are sold under NAICS code 4492?
Primarily new consumer electronics such as smartphones, laptops, TVs, as well as household appliances including refrigerators, washers, and audio/video equipment.
Is NAICS code 4492 only for physical stores?
No, businesses operating online that retail electronics and appliances directly to consumers also fall under this code.
How do I know if my business qualifies as small under this NAICS code?
You must have average annual receipts of $38.5 million or less over the past three years according to SBA size standards.
Can appliance repair stores be classified under NAICS 4492?
No, repair and maintenance businesses are classified under different NAICS codes. NAICS 4492 is strictly for retail sales of new products.
What government opportunities are available for businesses under NAICS 4492?
Qualifying small businesses under this code can pursue federal contracts specifically set aside for small electronics and appliance retailers.
Conclusion
NAICS Code 4492 defines a vital niche in the Retail Trade sector encompassing the sale of new electronics and household appliances directly to consumers. Whether you run a storefront or an e-commerce site, understanding this classification helps in strategic business planning, compliance, and accessing government contracting opportunities. Stay informed about size standards and business activities under this code to maximize your potential in the dynamic electronics and appliance retail market.
Keywords: NAICS code 4492, Electronics and Appliance Retailers, consumer electronics retail, household appliance stores, audio video equipment, retail trade NAICS codes, small business size standards, government contracting electronics
