72241 - Drinking Places (Alcoholic Beverages)
If you're exploring opportunities in the hospitality or food service industry, understanding the NAICS code 72241 is crucial. This code specifically targets businesses engaged in the preparation and service of alcoholic beverages for immediate consumption. Whether you're a business owner, contractor, or researcher, knowing the ins and outs of Drinking Places (Alcoholic Beverages) helps clarify industry classification, compliance, and market potential.
What Is NAICS Code 72241?
NAICS Code 72241 covers establishments primarily focused on preparing and serving alcoholic drinks directly to consumers. These venues provide not only beverages but also a social atmosphere where patrons can unwind, socialize, and enjoy entertainment.
Definition & Scope
- Establishments that serve alcoholic beverages for on-premises consumption.
- Often provide a social environment enhanced with music, games, or other entertainment.
- The main revenue source is from selling alcoholic beverages.
Sector and Typical Business Activities
Sector: Accommodation and Food Services
Industry Group: Food Services and Drinking Places
Businesses classified under NAICS 72241 include:
- Bars
- Taverns
- Cocktail Lounges
- Nightclubs (primarily serving alcoholic beverages)
- Pubs
These establishments may also serve limited food options but focus chiefly on alcoholic drink service.
Size Standards for NAICS Code 72241
For federal government contracting and SBA (Small Business Administration) purposes, the size standard to qualify as a small business in this industry is based on annual receipts.
Size Standard:
- $8.0 million in average annual receipts (subject to updates, always confirm from SBA’s current standards)
This size threshold helps identify small businesses eligible for specific government programs and contracting opportunities.
Examples of Businesses Under NAICS 72241
| Business Type | Description |
|---|---|
| Bar | A place serving alcoholic drinks with possible live music or entertainment. |
| Tavern | Casual venue featuring beer and alcoholic drinks, sometimes also food. |
| Cocktail Lounge | Upscale setting providing mixed drinks and specialized cocktails. |
| Nightclub | Venue for dancing and socializing where alcohol is served. |
| Pub | Traditional British or Irish-style drinking establishment. |
NAICS Code 72241 Details Table
| Attribute | Information |
|---|---|
| NAICS Code | 72241 |
| Title | Drinking Places (Alcoholic Beverages) |
| Sector | Accommodation and Food Services |
| Description | Establishments primarily engaged in preparing and serving alcoholic beverages for immediate consumption. |
| Typical Businesses | Bars, Taverns, Cocktail Lounges, Nightclubs, Pubs |
| Size Standard | $8.0 million (annual receipts) |
| Primary Revenue Source | Sale of alcoholic beverages for on-premises consumption |
Frequently Asked Questions (FAQs)
What types of businesses fall under NAICS code 72241?
Businesses like bars, taverns, cocktail lounges, nightclubs, and pubs primarily serve alcoholic beverages for immediate consumption and fit under this code.
Can a restaurant with a bar be classified under NAICS 72241?
No, full-service restaurants fall under a different NAICS code (722511). NAICS 72241 focuses on establishments where alcoholic beverage service is the primary business activity.
What is the significance of this NAICS code in government contracting?
Knowing your NAICS code helps in bidding for government contracts and grants, ensures proper classification for tax and regulatory purposes, and qualifies businesses for SBA small business programs.
How does size standard affect businesses under NAICS 72241?
The size standard (currently $8.0 million in annual receipts) determines eligibility for small business certifications and government contracting preferences.
Conclusion
Understanding NAICS code 72241 – Drinking Places (Alcoholic Beverages) is essential for businesses in the hospitality and food service sectors. From bars to cocktail lounges, this classification helps with proper industry categorization, regulatory compliance, and identifying government contracting opportunities. If you own or plan to start a drinking establishment, familiarize yourself with the code details and size standards to maximize your business potential.
Keywords: NAICS code 72241, Drinking Places, Alcoholic Beverages, Bars, Taverns, Cocktail Lounges, Accommodation and Food Services, size standards, government contracting, small business eligibility
