NAICS 561613 Quarterly Industry Report
Armored Car Services
Comprehensive industry research for valuation professionals, business owners, buyers, and lenders
NAICS Code: 561613Sector: Administrative and Support and Waste Management and Remediation Services (56)Updated: Q1 2026
About This Report
This industry profile for Armored Car Services (NAICS 561613) draws on data from the Bureau of Labor Statistics[5], U.S. Census Bureau, and SBA size standards database[6]. Published by Fair Market Value and updated quarterly, it provides valuation professionals, banking analysts, and business brokers with current market data. The editorial analysis reflects the independent assessment of FairMarketValue.com's research team, with all quantitative claims sourced to publicly verifiable databases.
Industry Snapshot
Key metrics for the armored car services industry.
Share of Administrative and Support and Waste Management and Remediation Services
0.2%
By establishment count, 2022 Census[2]
NAICS Sector
56
Administrative and Support and Waste Management and Remediation Services
Industry Definition & Overview
Armored Car Services (NAICS 561613) encompasses establishments primarily engaged in picking up and delivering money, receipts, and other valuables while providing protection during transit through armed personnel and specially equipped vehicles per the U.S. Census Bureau[4]. These firms serve banks, retailers, casinos, and businesses requiring secure currency transportation.
About 448 establishments employ roughly 34,656 workers nationwide. Market structure is concentrated; a few large national firms including Brink's, Loomis, and Garda World dominate, while smaller regional operators serve local markets per the Bureau of Labor Statistics[5]. Capital requirements are substantial; armored vehicles cost $100,000 to $300,000 each, and firms must maintain fleets alongside GPS tracking, communication systems, and vault infrastructure.
Digital payment adoption has reduced traditional cash-in-transit volume, but cash remains heavily used in retail, gaming, and food service. Armored car firms have expanded into check clearing, coin processing, smart safe servicing, and ATM replenishment to offset declining cash transport assignments. Per the SBA Table of Size Standards[6], the size standard is $43.0 million in average annual receipts, the highest among security subsectors, reflecting the capital intensity and operational scale of armored operations. Federal and state regulations govern armed personnel, vehicle standards, and interstate commerce compliance. Insurance costs for armored operations are among the highest in the security sector, reflecting the armed transport risk profile.
What's Included in This Industry
- Currency and coin pickup and delivery services
- Armored vehicle operation and fleet management
- Safe and vault servicing and cash processing
- ATM replenishment and servicing
- Casino and gaming revenue collection
- Check and document secure transport
- Coin counting and currency sorting services
- Smart safe monitoring and servicing
- Armed personnel escort services
- Secure destruction and waste handling
NAICS Classification Hierarchy
| Level | Description | Code |
|---|---|---|
| Sector | Administrative and Support and Waste Management and Remediation Services | 56 |
| Subsector | Administrative and Support Services | 561 |
| Industry Group | Investigation and Security Services | 5616 |
| NAICS Industry | Investigation, Guard, and Armored Car Services | 56161 |
| National Industry | Armored Car Services | 561613 |
Related NAICS Codes
| Code | Description | Relationship |
|---|---|---|
| 561611 | Investigation and Personal Background Check Services | Investigation Services examine financial crimes and fraud cases that may involve armored car operations, providing forensic analysis complementary to physical security transport |
| 561612 | Security Guards and Patrol Services | Security Guards and Patrol Services provide on-site physical protection at fixed locations, while armored car firms specialize in armed transit security for high-value cargo |
| 561621 | Security Systems Services (except Locksmiths) | Security Systems Services install and monitor alarm systems at vaults and facilities where armored car firms pick up and deliver currency and valuables |
| 488490 | Other Support Activities for Road Transportation | Other Support Activities for Road Transportation includes specialized trucking and logistics services that share fleet management and route planning functions with armored operations |
| 522110 | Commercial Banking | Commercial Banks represent the largest client segment for armored car services, requiring regular currency deposits, ATM replenishment, and coin delivery operations |
| 712120 | Historical Sites | Nature Parks and Similar Institutions may seem unrelated, but amusement and entertainment venues including casinos classified nearby generate significant cash collection demand |
Geographic Concentration
Top states by share of national establishments.
| # | State | % Est. | Total Est. |
|---|---|---|---|
| 1 | California | 9.6% | 73 |
| 2 | Texas | 9.6% | 73 |
| 3 | New York | 6.5% | 49 |
| 4 | Florida | 5.8% | 44 |
| 5 | Ohio | 3.6% | 27 |
| 6 | Pennsylvania | 3.0% | 23 |
| 7 | Illinois | 2.9% | 22 |
| 8 | Virginia | 2.9% | 22 |
| 9 | Tennessee | 2.9% | 22 |
| 10 | Michigan | 2.6% | 20 |
% Of Establishments
0%
10%
Source: County Business Patterns, U.S. Census Bureau[3]
Frequently Asked Questions
Common questions about this industry.
What types of businesses operate as armored car services?
A few large national firms dominate, including Brink's, Loomis, and Garda World. About 448 establishments employ roughly 34,656 workers per the U.S. Census Bureau[4]. Smaller regional operators serve local bank branches, retailers, and restaurants in markets where national firms may not have direct coverage.
How is the armored car industry structured?
Market concentration is high; the top three firms control a majority of revenue per the Bureau of Labor Statistics[5]. Armored vehicles cost $100,000 to $300,000 each, creating substantial barriers to entry. Revenue comes from per-stop fees, monthly service contracts, and ancillary processing charges for coin sorting and check handling.
What is the SBA size standard for Armored Car Services?
Per the SBA Table of Size Standards[6], NAICS 561613 has a size standard of $43.0 million in average annual receipts, the highest among security subsectors. This reflects the capital intensity and operational scale of armored operations.
What NAICS codes are related to armored car services?
Related codes include NAICS 561611 (Investigation), NAICS 561612 (Security Guards), NAICS 561621 (Security Systems), NAICS 522110 (Commercial Banking), and NAICS 488490 (Other Road Transport Support) per the U.S. Census Bureau[4].
Which industries use armored car services most?
Banks, casinos, grocery chains, convenience stores, and large retailers generate the highest demand. Any business handling large daily cash volumes needs regular armored car service. ATM operators also contract for replenishment and servicing.
What activities are included in NAICS 561613?
Core activities include currency and coin transport, armored vehicle operation, safe and vault servicing, ATM replenishment, casino revenue collection, check transport, coin processing, smart safe monitoring, and armed escort per the U.S. Census Bureau[4].
Can armored car businesses get SBA loans?
Yes, firms meeting the $43.0 million size standard qualify for SBA 7(a) loans[7] covering vehicle acquisition, vault construction, technology infrastructure, and working capital. Fleet replacement alone creates ongoing capital needs suitable for SBA financing.
Which states have the highest concentration of armored car services?
California, Texas, Florida, and New York lead in armored car employment per the Bureau of Labor Statistics[5]. Casino states including Nevada and New Jersey also host significant operations due to gaming industry cash volume requirements.
Sources & References
Government datasets and editorial sources used in this report.
- [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
- [2]U.S. Census Bureau, Economic Census census.gov
- [3]U.S. Census Bureau, County Business Patterns census.gov
- [4]U.S. Census Bureau census.gov
- [5]Bureau of Labor Statistics bls.gov
- [6]SBA Table of Size Standards sba.gov
- [7]SBA 7(a) loans sba.gov
- [8]504/CDC loans sba.gov
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