45914 - Musical Instrument and Supplies Retailers
If you're exploring business opportunities or researching the retail trade sector, understanding NAICS codes is essential. One such important code is NAICS 45914, which represents Musical Instrument and Supplies Retailers — a vibrant segment of the retail industry serving musicians and music enthusiasts alike.
What is NAICS Code 45914?
NAICS Code 45914 covers establishments primarily engaged in retailing musical instruments, sheet music, and related supplies. This industry segment is crucial in connecting consumers — from hobbyists to professional musicians — with the tools they need to create and enjoy music.
Industry Description:
- Retailing musical instruments like pianos, guitars, drums, and keyboards.
- Offering sheet music for various genres and skill levels.
- Selling accessories such as strings, reeds, drumsticks, instrument cases, and tuners.
Sector: Retail Trade
NAICS 45914 falls under the broader Retail Trade sector, which comprises businesses selling merchandise directly to consumers. This sector plays a vital role in the economy by facilitating access to goods, driving consumer spending, and supporting local communities.
Typical Business Activities Include:
- Operating physical musical instrument stores.
- Specialized shops focusing on sheet music and music supplies.
- Online retailers providing a range of musical products.
Size Standards for NAICS 45914
The U.S. Small Business Administration (SBA) sets size standards to determine small business eligibility for government programs. For NAICS Code 45914:
- Size Standard: Businesses with annual receipts up to $16.5 million are considered small.
Understanding these thresholds helps businesses qualify for small business resources, contracts, and financial assistance.
Examples of Businesses Under NAICS 45914
- Guitar Center – A large retailer specializing in guitars and related accessories.
- Sheet Music Plus – Online store focusing on sheet music and music books.
- Local Music Supply Shops – Community stores offering a curated selection of instruments and supplies.
NAICS Code 45914 Details Table
| Attribute | Details |
|---|---|
| NAICS Code | 45914 |
| Title | Musical Instrument and Supplies Retailers |
| Sector | Retail Trade |
| Primary Activities | Retailing musical instruments, sheet music, and related supplies |
| Typical Businesses | Music instrument stores, sheet music retailers, music supply shops |
| Size Standard | Up to $16.5 million in annual receipts |
| Products Offered | Pianos, guitars, drums, keyboards, sheet music, accessories |
Frequently Asked Questions (FAQ)
What types of instruments are sold under NAICS Code 45914?
Musical instruments such as pianos, guitars, drums, keyboards, and wind instruments are commonly sold.
Does this NAICS code include online retailers?
Yes, both brick-and-mortar and online stores that primarily retail musical instruments and supplies are included.
Are repair services covered under this code?
No, establishments primarily engaged in repairing musical instruments have a different NAICS classification.
How can small businesses benefit from knowing this code?
Understanding this NAICS code helps in identifying eligibility for SBA loans, government contracts, and industry-specific resources.
Conclusion
NAICS Code 45914 — Musical Instrument and Supplies Retailers — represents an essential part of the retail trade sector, offering a wide variety of instruments, sheet music, and accessories that bring music to life. Whether you're a budding entrepreneur, a musician, or a business analyst, familiarizing yourself with this code can unlock valuable industry insights and growth opportunities.
Keywords: NAICS code 45914, Musical Instrument and Supplies Retailers, Musical instrument stores, Sheet music retailers, music supplies, retail trade sector, SBA size standards, musical accessories
