Accommodation and Food Services ·NAICS 722513

NAICS 722513 · IRS SOI (C corp) · Census CBP 2023

Limited-Service Restaurants - Industry Benchmarks

$20,857/yr average annual pay, with 13,085 SBA loans on record for NAICS 722513.

5.6%
Accommodation and Food Services sector margin
5.0M
Workers employed
$20,857/yr
Avg payroll / employee
$6.5B
SBA lending, FY20–26

Data updated August 2026

The verdict · NAICS 722513

California leads Limited-Service Restaurants activity nationally. IRS SOI doesn't publish margin data at this NAICS level, but the broader Accommodation and Food Services sector runs a 5.6% net margin.

5.6%
Accommodation and Food Services sector margin (IRS SOI)
5.0M
Workers employed (Census CBP)
$20,857/yr
Avg payroll / employee
$6.5B
SBA lending, FY20–26

Use Limited-Service Restaurants's NAICS benchmark as a comparison point, not a forecast for one business.

Limited-Service Restaurants is reported here with financial measures from IRS Statistics of Income and workforce measures from Census County Business Patterns. The page keeps those source systems distinct, shows unavailable fields rather than estimating them, and links the underlying industry context so readers can compare the same NAICS activity before interpreting a margin or payroll figure.

Source: IRS SOI (C corporation headline) and Census County Business Patterns 2023

Benchmarking Insights for Limited-Service Restaurants

Limited-Service Restaurants sits inside Accommodation and Food Services, a sector that runs a 5.6% net margin overall.

270,088 establishments employ 4,965,080 workers (18.4/location) at $20,857/yr average annual pay. California leads employment, followed by Texas and Florida.

Limited-Service Restaurants sits in the 100th percentile for employment among 6-digit NAICS industries with reported data.

Employment

4,965,080

Total employees (Census CBP)

Avg Payroll / Employee

$20,857/yr

Annual compensation

Establishments

270,088

Business locations

Release-over-release change

What changed from Census CBP 2022 to 2023

Employment increased by 253,307; establishment count increased by 4,909. This comparison uses two published national Census County Business Patterns releases; suppressed fields are omitted rather than estimated.

Subscribe to this industry's release updates (RSS)

Workforce scale

Financial Detail

Annual Payroll (Total)
$103.6B
Avg Employees per Establishment
18.4

Top States by Employment

State Employment
California 604,758
Texas 545,407
Florida 296,500
New York 207,613
Ohio 204,250
Illinois 189,552
Georgia 189,341
North Carolina 185,475
Michigan 143,754
Pennsylvania 139,513

Showing top 10 of 51 states

SBA Lending Activity

SBA FY2020–2026

SBA Loans Approved

13,085

Total Loan Volume

$6.5B

Avg Loan Size

$499K

Jobs Supported

244,824

Program Breakdown

7(a) 11,949 (91%)
504 1,136 (9%)

Top SBA Lender

The Huntington National Bank

1,484 loans in this industry

New Business Share

51.9% of borrowers were new/startup businesses

Annual Lending Trend (7 yrs)

2020
1,499
2021
2,070
2022
1,903
2023
2,124
2024
2,385
2025
2,743
2026
361

Frequently Asked Questions

How profitable is Limited-Service Restaurants?
IRS SOI doesn't publish margin data at the NAICS 722513 level. California leads this industry nationally. The broader Accommodation and Food Services sector runs a 5.6% net margin (IRS SOI 2013 C corp).
How many businesses are in Limited-Service Restaurants?
270,088 business establishments. Together they employ 4,965,080 workers.
What is the average payroll per employee in Limited-Service Restaurants?
$20,857/yr average annual pay per employee. Businesses average 18.4 employees per establishment.
Which states have the most Limited-Service Restaurants employment?
California leads with 604,758 workers. Texas (545,407) and Florida (296,500) round out the top three.
How much SBA lending does Limited-Service Restaurants receive?
Limited-Service Restaurants businesses received 13,085 SBA loans totaling $6.5 billion between FY2020 and FY2026. The average loan size was $499K. These loans supported 244,824 jobs at origination. Most lending (91%) came through the SBA 7(a) program.

Nationwide industries with similar benchmark drivers

Two IRS/Census peer sets for Limited-Service Restaurants, both at NAICS level 6 and excluding this code so the neighborhoods are not self-links.

According to Census County Business Patterns 2023, Limited-Service Restaurants ranks #3 of 801 U.S. industries at the 6-digit NAICS level by total employment.

Similar workforce scale

Nearest peer industries by ABS(Census employment) (4,965,080 here).

Read with this industry: Industry employment trends · Accommodation and Food Services · Rankings

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.

Sources: IRS Statistics of Income (SOI) Business Tax Statistics · Census Bureau County Business Patterns 2023

NAICS 722513 · CBP 2023 · IRS SOI

According to the U.S. Census Bureau, which released its 2023 County Business Patterns dataset in June 2025, PlainBizBench benchmarks 2,002 U.S. industries against Internal Revenue Service Statistics of Income data. See our methodology for the full compilation process.

Source: U.S. Census Bureau, County Business Patterns / SUSB Industry employment scale, payroll, and firm-size benchmarks · 2023

Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates profit-margin, payroll, entity-type, and SBA-lending benchmarks for this industry, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.