8114 - Personal and Household Goods Repair and Maintenance
When it comes to keeping your personal and household items in top shape, look no further than NAICS code 8114. This industry classification highlights a vital segment of the economy dedicated to repairing and maintaining the everyday goods we rely on. Whether it’s fixing a beloved antique chair or servicing a home appliance, businesses under NAICS 8114 play a crucial role in extending the life of personal and household goods.
What is NAICS Code 8114?
NAICS code 8114 stands for Personal and Household Goods Repair and Maintenance. This industry group consists of establishments primarily engaged in repairing and maintaining items used in personal and household settings. The scope covers a broad range of repair services that help consumers avoid replacing costly items prematurely.
Key Highlights of NAICS 8114:
- Primary focus: Repair and maintenance of personal and household goods
- Industry activities: Furniture repair, appliance servicing, electronic equipment maintenance
- Sector: Other Services (except Public Administration)
Sector and Typical Business Activities
NAICS code 8114 falls under the Other Services (except Public Administration) sector, which includes a variety of service-oriented businesses not classified elsewhere.
Typical Business Activities Within NAICS 8114:
- Furniture Repair and Refinishing: Restoring and refinishing household furniture pieces to their original condition or updating their look.
- Home Appliance Repair: Servicing kitchen appliances, HVAC units, washers and dryers, and other household machines.
- Electronic Equipment Repair: Fixing televisions, stereos, computers, and other home electronic devices.
These activities are crucial for consumer convenience, cost savings, and reducing waste by extending the life of goods.
Size Standards for NAICS 8114
Small business eligibility under NAICS 8114 varies depending on the specific sub-industry and revenue or employee count limits as defined by the U.S. Small Business Administration (SBA). Generally, the size standards for eligibility include:
- Employee-based standards: Typically 100 to 250 employees depending on the specific repair service
- Revenue-based standards: Around $7.5 million to $16.5 million in average annual receipts
It’s important for businesses to check the SBA’s latest guidelines to determine if they qualify as a small business under this NAICS code.
Examples of Businesses Under NAICS 8114
- Antique Furniture Restoration Shops: Specialists in refinishing and restoring vintage or damaged furniture.
- Local Appliance Repair Services: Companies providing onsite and in-shop repair for household appliances.
- Electronics Repair Centers: Businesses fixing gadgets, including audio systems, game consoles, and computer hardware.
These examples demonstrate the diversity and service-oriented nature of the NAICS 8114 industry group.
NAICS Code 8114 Details
NAICS Code | Title | Description | Sector | Typical Businesses |
---|---|---|---|---|
8114 | Personal and Household Goods Repair and Maintenance | Establishments primarily engaged in repairing and maintaining personal and household goods such as furniture, electronics, appliances, and other household items. | Other Services (except Public Administration) | Furniture repair and refinishing, Home appliance repair, Electronic equipment repair |
Frequently Asked Questions (FAQ)
What types of services are included in NAICS 8114?
NAICS 8114 includes repair and maintenance services for personal and household items, such as furniture, appliances, and electronics.
Does this industry code cover commercial appliance repairs?
No, NAICS 8114 is generally focused on personal and household goods, while commercial equipment repair is classified under different NAICS codes.
How can a business determine if it qualifies as a small business under NAICS 8114?
Businesses should refer to the SBA's size standards based on either employee count or average annual receipts specific to their repair service category.
Why is NAICS code classification important?
NAICS code classification helps businesses qualify for government contracts, understand market segments, and comply with industry regulations.
Can electronic repair shops be classified under NAICS 8114?
Yes, shops that repair consumer electronic equipment such as TVs, stereos, and computers typically fall under NAICS 8114.
By understanding NAICS code 8114, businesses and consumers alike recognize the importance of the services provided by the personal and household goods repair and maintenance industry. Keeping your cherished belongings operational and well-maintained is supported by a diverse network of service providers classified under this essential NAICS category.