Gym Business Code: NAICS 713940
The NAICS business code for a gym or fitness center is 713940, which is designated for “Fitness and Recreational Sports Centers.”
This NAICS (North American Industry Classification System) code encompasses establishments primarily engaged in operating fitness and recreational sports facilities, including gyms, fitness centers, and health clubs.
The NAICS code 713940 is assigned to “Fitness and Recreational Sports Centers,” encompassing a broad range of facilities focused on promoting physical health and wellness. These businesses vary from small, specialized studios to large fitness centers offering diverse activities and services, including exercise classes, weight training, personal training, nutritional counseling, and additional amenities like spa services and childcare.
Understanding this classification is crucial for business owners in the fitness industry for regulatory, financial, and strategic planning purposes, helping them align with industry standards and practices.
Now that you have the NAICS business code for a gym for taxes, see how the best gym management software can help you increase gym revenue and profitability. And if you need the NAICS business code for personal trainers (812990) then once you have that then see how the best personal training software can help you really make your gym stand out.
NAICS Business Code for a Gym
The North American Industry Classification System (NAICS) code 713940 is designated for “Fitness and Recreational Sports Centers.” This category encompasses businesses that operate facilities designed to promote physical health and wellness through a wide array of services. These services can include individual and group exercise classes, weight and resistance training, and other fitness-related activities that encourage the improvement of physical fitness and overall health.
Businesses classified under NAICS 713940 can vary greatly in size and scope, ranging from small, specialized boutique studios focusing on specific types of exercise like yoga, Pilates, or spin classes, to large, multi-purpose fitness centers offering a broad range of activities and amenities. These larger centers might include swimming pools, racquetball courts, indoor tracks, and areas for other recreational sports and activities.
In addition to providing space and equipment for physical exercise, many of these centers also offer additional services that may include personal training, nutritional counseling, spa services like saunas and massages, childcare for members, and the sale of fitness apparel and equipment. The goal of businesses within this classification is to provide an environment that supports individuals in their pursuit of health and fitness goals, whether those goals are related to weight loss, muscle building, endurance training, stress relief, or general well-being.
For entrepreneurs and business owners in the fitness industry, understanding their classification under NAICS 713940 is important for several reasons, including tax purposes, business licensing, and eligibility for certain types of business loans or funding. It also helps in identifying market trends and benchmarking against other businesses in the same category for strategic planning and development.
Read More:
- https://www.bls.gov/oes/current/naics5_713940.htm
- https://www.naics.com/naics-code-description/?code=713940
What is the business classification for a gym?
A gym typically falls under the business classification of “Fitness and Recreational Sports Centers” within the broader Health and Wellness industry. This classification encompasses establishments primarily engaged in operating fitness and recreational sports facilities.
What is business code 812990?
Business code 812990 refers to “All Other Personal Services” according to the North American Industry Classification System (NAICS). This category can include a wide range of personal service providers not specifically covered elsewhere, which might sometimes encompass specialized fitness and wellness services.
What industry is a gym considered?
A gym is considered part of the Health and Wellness industry, specifically within the “Fitness and Recreational Sports Centers” sector. This industry focuses on facilities and services dedicated to maintaining and improving health and fitness.
What is NAICS code 713990?
NAICS code 713990 corresponds to “All Other Amusement and Recreation Industries.” This broad category includes various entertainment and recreational activities not classified under other specific codes. While it can encompass some activities related to fitness, gyms and fitness centers are more accurately classified under NAICS code 713940. The NAICS business code for gyms for tax purposes is 713940 and is important to stay organized.
Should a gym be an LLC?
Forming a gym as an LLC (Limited Liability Company) is a common choice for business owners seeking to protect personal assets from business liabilities. An LLC can offer flexibility in management and potential tax benefits, making it a suitable structure for many gym businesses.
Read More: Should a gym be an LLC?
What makes a gym commercial?
A gym is considered commercial if it operates for profit, offering fitness services and facilities to the public or a specific clientele in exchange for membership fees or other charges. Commercial gyms are equipped with exercise equipment, and may also offer classes, personal training, and additional amenities.
What is the business code 812199?
Business code 812199 represents “Other Personal Care Services” in the NAICS classification. This category includes a variety of personal care services not specifically listed under other codes, but it typically does not cover gym or fitness center operations.
What is the business code 454110?
Business code 454110 refers to “Electronic Shopping and Mail-Order Houses” in the NAICS system. This classification includes businesses that sell products or services via the internet or other electronic means, as well as through mail order. It is not directly related to the operation of gyms or fitness centers.
What is business code 812190?
Business code 812190 pertains to “Other Personal Care Services” not classified elsewhere within the NAICS system. Similar to code 812199, it encompasses a range of services but does not specifically relate to gyms or fitness services.
Is owning a gym a good business?
Owning a gym can be a good business opportunity, especially in communities with a growing interest in health and fitness. Success depends on various factors, including location, the range of services offered, management efficiency, and the ability to adapt to market trends.
Read More: Gym Profit Margins
Is a gym commercial or industrial?
A gym is considered a commercial business, as it provides fitness services and facilities to consumers for a fee. It does not fall under the industrial category, which is more associated with manufacturing and production sectors.
Are gyms part of the service industry?
Yes, gyms are part of the service industry. They provide health and fitness services to individuals, contributing to their well-being and quality of life.
What is business code 713900?
Business code 713900 is not a standard NAICS code. The closest relevant code for gyms would be 713940, which is designated for “Fitness and Recreational Sports Centers.”
What is the NAICS code 713940?
NAICS code 713940 is specifically for “Fitness and Recreational Sports Centers.” This code encompasses establishments primarily engaged in operating fitness centers, gyms, and other facilities focused on physical exercise and recreational sports activities.
What are the most important gym legal requirements?
The most important legal requirements for a gym include obtaining the proper business licenses and permits, adhering to zoning laws, ensuring compliance with health and safety regulations, carrying adequate insurance, and protecting members’ privacy and data security.
Read More: Gym Legal Guide
What is the best gym software?
The best gym software offers comprehensive features to manage memberships, scheduling, billing, and communication effectively. Exercise.com is highly regarded for its versatility and customization options, making it an excellent choice for gym owners seeking to streamline operations and enhance member engagement.
