NAICS 722410
"This industry comprises establishments known as bars, taverns, nightclubs, or drinking places primarily engaged in preparing and serving alcoholic beverages for immediate consumption. These establishments may also provide limited food services."

© Copyright, Outcalt & Johnson: Retail Strategists, LLC and Business Strata:G^® Financial Toolkits. Benchmark Trend Charts based on data from Risk Management Association Annual Statement Studies^® Financial Ratio Benchmarks, 2023–2024. 

• The Restaurant verticals featured at the Business Strata:G® site reflect the definitions and designations of the North American Industrial Classification System (NAICS).
• The top of each industry vertical page includes the NAICS code and the NAICS definition for that industry segment.
• The source data is Risk Management Association's Annual Statement Studies. As you may know, RMA collects financial statements from banks, and aggregates the findings for all industries.
• RMA presents their data in 3 sections: the Top Quartile, the Middle Quartiles, the Bottom Quartile. RMA data also is available by five different ranges of annual sales volume. 
• We have identified five key ratios (from the dozens of ratios available) that are particularly important for Owners of Restaurants to monitor, project, and manage:
  • GROSS MARGIN Percent
  • OPERATING EXPENSE Percent
  • Pre-Tax PROFIT Percent
  • CURRENT Ratio
  • DEBT-TO-WORTH Ratio
• Our exclusive Benchmark Trend Charts show the median value reported by RMA for each of these key ratios each year.