722320 - Caterers
When exploring business classifications within the Accommodation and Food Services sector, NAICS code 722320 stands out as the designation for Caterers. This specific code plays a vital role in identifying businesses that specialize in providing food services at various events and off-site locations. Whether you're a prospective entrepreneur, a government contractor, or simply curious about the catering industry, understanding NAICS 722320 can help you navigate this dynamic business segment effectively.
What is NAICS Code 722320?
NAICS code 722320 covers establishments primarily engaged in providing single event-based food services. These businesses prepare, furnish, and serve food and beverages at specific events or locations away from the caterer's primary place of business. The services are typically arranged for parties, corporate gatherings, weddings, or other special occasions.
Key Characteristics:
- Focus on catering individual events rather than operating permanent dining facilities.
- Food preparation and service can occur on-site at the event or at an off-site location.
- Includes both food and beverage services tailored to client specifications.
Sector: Accommodation and Food Services
NAICS 722320 falls under the broader Accommodation and Food Services sector, which encompasses a wide range of businesses that provide lodging and food services. Within this sector, caterers play a distinct role by focusing exclusively on event-based food service solutions rather than ongoing restaurant or hotel dining operations.
Typical Business Types and Activities
Businesses classified under NAICS 722320 typically include:
- Event Catering Services: Providing tailored menus and full-service catering for various events such as festivals, corporate retreats, or social gatherings.
- Corporate Catering: Serving meals and refreshments for business meetings, conferences, training sessions, and office parties.
- Wedding and Party Catering: Specializing in food preparation and service for weddings, anniversaries, birthday parties, and other private celebrations.
These businesses often coordinate logistics, menu planning, food preparation, delivery, and on-site food service, ensuring a seamless event experience for their clients.
Size Standard for NAICS 722320
To qualify as a small business under NAICS code 722320 for government contracting and other regulatory purposes, the size standard is $9 million in average annual receipts.
What This Means:
- Businesses with average annual revenues of $9 million or less are considered small.
- This size standard is essential when bidding on government contracts or accessing small business assistance programs.
Examples of Businesses Under NAICS 722320
- A local company providing gourmet food and beverage service for weddings and corporate luncheons.
- A national catering company specializing in event food service for large conventions and trade shows.
- Boutique caterers focusing on organic or ethnic cuisine for private parties and social events.
Frequently Asked Questions (FAQ)
What types of events do caterers under NAICS 722320 serve?
Caterers typically serve a variety of events, including weddings, corporate functions, holiday parties, social gatherings, fundraisers, festivals, and more.
Is the food prepared on-site or off-site?
NAICS 722320 covers caterers who prepare food either on-site at the event location or at a separate facility and then deliver it to the event.
How is NAICS 722320 different from restaurant codes?
Unlike restaurants (which have fixed dining locations), caterers under 722320 provide event-specific food services and generally do not operate permanent dining establishments.
Why is the size standard important?
The $9 million size standard helps small businesses determine eligibility for federal contracts, grants, and other programs aimed at supporting smaller enterprises.
Can caterers also serve beverages?
Yes, catering businesses under 722320 often provide both food and beverage services as part of their event offerings.
By understanding NAICS code 722320 - Caterers, businesses can better position themselves within the Accommodation and Food Services sector, leverage small business opportunities, and align their services with client needs. Whether you are starting a new catering venture or exploring government contracting, knowing this classification is a valuable first step.
