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Small Business Size Standards for Real Estate and Rental and Leasing


   

The North American Industry Classification System (NAICS) size standards described in this section apply to all SBA programs unless otherwise specified in this Part. The size standards themselves are expressed either in number of employees or annual receipts in millions of dollars, unless otherwise specified. The number of employees or annual receipts indicates the maximum allowed for a concern and its affiliates to be considered small.

Small Business Size Standards by NAICS Industry
NAICS code NAICS U.S. Industry Title Size Standards in millions of dollars Size Standards in number of employees
531 Real Estate:
531110 Lessors of Residential Buildings and Dwellings $7.0  
531120 Lessors of Nonresidential Buildings (except Miniwarehouses) $7.0  
531130 Lessors of Miniwarehouses and Self Storage Units $25.5  
531190 Lessors of Other Real Estate Property $7.0  
Except, Leasing of Building Space to Federal Government by Owners* $20.5  
531210 Offices of Real Estate Agents and Brokers** $2.0  
531311 Residential Property Managers $2.0  
531312 Nonresidential Property Managers $2.0  
531320 Offices of Real Estate Appraisers $2.0  
531390 Other Activities Related to Real Estate $2.0  
532 Rental and Leasing Services:
532111 Passenger Car Rental $25.5  
532112 Passenger Car Leasing $25.5  
532120 Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing $25.5  
532210 Consumer Electronics and Appliances Rental $7.0  
532220 Formal Wear and Costume Rental $7.0  
532230 Video Tape and Disc Rental $7.0  
532291 Home Health Equipment Rental $7.0  
532292 Recreational Goods Rental $7.0  
532299 All Other Consumer Goods Rental $7.0  
532310 General Rental Centers $7.0  
532411 Commercial Air, Rail, and Water Transportation Equipment Rental and Leasing $7.0  
532412 Construction, Mining and Forestry Machinery and Equipment Rental and Leasing $7.0  
532420 Office Machinery and Equipment Rental and Leasing $25.0  
532490 Other Commercial and Industrial Machinery and Equipment Rental and Leasing $5.0  
533 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works):
533110 Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) $7.0  

* For Government procurement, a size standard of $20.5 million in gross receipts applies to the owners of building space leased to the Federal Government. The standard does not apply to an agent.

** As measured by total revenues, but excluding funds received in trust for an unaffiliated third party, such as bookings or sales subject to commissions. The commissions received are included as revenue.

Read more about Small Business Size Regulations for Other Industries.

 

Source: Code of Federal Regulations, Title 13, Part 121 - Small Business Size Regulations

 

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