Minneapolis secondhand dealer bonds.
From $100. Five minutes.
The City of Minneapolis requires a license bond of secondhand dealers and secondhand stores — businesses that buy and resell used goods. The premium is 0.5% of the bond amount the City sets, $100 minimum. The application is five minutes, and your exact price is calculated on the page.
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Three steps. One sitting.
License bonds are the simplest thing in surety. Here's the entire process:
Apply online
Business details, the bond amount the City requires, and an effective date. No financials, no credit section.
Pay & e-sign
Bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
File with Minneapolis
Your executed bond arrives by email, ready to file with the City of Minneapolis Business Licensing division. Wet-ink original mailed on request.
What it is and who needs it.
What the bond actually guarantees
A Minneapolis secondhand dealer bond is a compliance guarantee to the City. It promises that when you buy and resell used goods, you'll follow the city's secondhand dealer ordinance — recordkeeping, holding periods, and reporting that help police deter trafficking in stolen property.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Minneapolis (the obligee). If you violate the ordinance or a customer is harmed by a violation, the City or that party can recover against the bond.
The bond must stay active for the life of your license. Let it lapse and the City can suspend your dealer license — so we track it and notify you 60 and 30 days out, keeping your filing continuous.
You need this bond if you're
Five minutes. The whole thing.
These are the actual issuing fields — no credit section in the application, because this bond doesn't have one.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Minneapolis secondhand dealer bond? ▾
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Other Minnesota bonds.
Finish your Minneapolis dealer license checklist today.
From $100, five-minute application, bond often issued in the same sitting. Free until issued.