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NAICS 72251 Quarterly Industry Report

Restaurants and Other Eating Places

Comprehensive industry research for valuation professionals, business owners, buyers, and lenders

NAICS Code: 72251Sector: Accommodation and Food Services (72)Updated: Q1 2026

Industry Snapshot

Key metrics for the restaurants and other eating places industry.

Establishments
619,919
2024 annual average[1]
5-Year Growth
+6.2%
Establishment count, 2017–2022[2]
Industry Revenue
$800M
2022 Economic Census[2]
Share of Accommodation and Food Services
78.7%
By establishment count, 2022 Census[2]
NAICS Sector
72
Accommodation and Food Services

Industry Definition & Overview

NAICS Classification Hierarchy

NAICS classification hierarchy for 72251
LevelDescriptionCode
SectorAccommodation and Food Services72
SubsectorFood Services and Drinking Places722
Industry GroupRestaurants and Other Eating Places7225
NAICS IndustryRestaurants and Other Eating Places72251

Sources & References

Government datasets and editorial sources used in this report.

  1. [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
  2. [2]U.S. Census Bureau, Economic Census census.gov

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