45613 - Optical Goods Retailers
When it comes to understanding the retail landscape of optical products and services, NAICS Code 45613 plays a pivotal role. This specific classification helps businesses, government agencies, and analysts identify establishments primarily engaged in the retail sale of prescription eyeglasses, contact lenses, and other optical goods. Whether you’re an entrepreneur exploring market opportunities or a professional in the optical sector, knowing the details of NAICS 45613 - Optical Goods Retailers—is essential for navigating industry standards and regulations.
What Is NAICS Code 45613 - Optical Goods Retailers?
NAICS Code 45613 identifies businesses that focus on retailing optical goods. These establishments may sell prescription eyeglasses, frames, lenses, contact lenses, and often provide additional services like eye examinations and vision care. The code captures a broad spectrum of activities within specialized optical retail environments, making it a valuable reference for industry classification.
Sector and Typical Business Activities
- Sector: Retail Trade
- Primary Activities:
- Retailing prescription eyeglasses and frames
- Selling contact lenses and lens care solutions
- Providing eye examinations and vision care services (in some cases)
- Offering replacement lenses and minor repair services
- Typical Business Types:
- Eyeglass stores
- Optical shops within malls or standalone stores
- Contact lens retailers
These businesses cater to customers seeking vision correction products and related services, playing a vital role in eye health and wellness retail markets.
NAICS Code 45613 Size Standards for Eligibility
Eligibility for small business programs and contracting opportunities under NAICS Code 45613 is determined by size standards established by the U.S. Small Business Administration (SBA). Understanding these standards helps businesses and government bodies identify qualifying firms.
- Size Standard: $30 million in average annual receipts
- This means businesses with annual gross revenues of $30 million or less generally qualify as small businesses under this classification.
Examples of Businesses Under NAICS Code 45613
- LensCrafters: A well-known optical retailer specializing in prescription glasses and eye exams.
- Pearle Vision: Provides comprehensive vision care and optical retail services.
- Local Eyeglass Shops: Independently owned optical stores offering personalized eye care solutions.
- Contact Lens Retailers: Businesses that focus on contact lens sales, including online and brick-and-mortar outlets.
NAICS Code 45613 - Optical Goods Retailers: Code Details
| NAICS Code | Title | Description | Sector | Size Standard (Annual Receipts) | Typical Businesses |
|---|---|---|---|---|---|
| 45613 | Optical Goods Retailers | Establishments primarily engaged in retailing prescription eyeglasses, contact lenses, and other optical goods. May also provide eye examinations and vision care services. | Retail Trade | $30 million | Eyeglass stores, Optical shops, Contact lens retailers |
Frequently Asked Questions (FAQs)
What types of products are sold under NAICS 45613?
Products include prescription eyeglasses, frames, lenses, contact lenses, and lens care products, along with accessories like cases and cleaning kits.
Do all businesses under this NAICS code provide eye examinations?
Not necessarily. While many optical retailers offer eye exams and vision care services, some may only focus on selling optical goods without medical services.
Is NAICS 45613 only for physical retail stores?
Primarily yes, but some online optical retailers may classify under this code if their core business is selling optical goods directly to consumers.
How do I know if my optical business qualifies as a small business under this code?
If your average annual receipts are $30 million or less, your business generally qualifies as a small business under NAICS 45613.
Conclusion
NAICS Code 45613 - Optical Goods Retailers provides a clear framework for identifying and classifying businesses engaged in the retail sale of eyeglasses, contact lenses, and associated optical goods and services. Understanding this code is crucial for market analysis, business planning, procurement, and compliance within the retail trade sector. Whether you run an independent optical shop or a larger retail chain, aligning your operations with the NAICS classification helps optimize your business visibility and eligibility for various programs.
For business owners or professionals in optical retail, leveraging NAICS Code 45613 ensures you stay connected with industry standards and tap into opportunities crafted specifically for your sector.
