The City of Yonkers, New York requires a laundromat operator to file a fixed $5,000 bond with the City to hold a laundromat license. Our carrier's rate book prices this specific bond at a flat $100 — the same for every operator, no quote round-trip.
















City license bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit section.
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with your laundromat license application. Wet-ink original mailed on request.
A laundromat license bond is a consumer-protection guarantee to the City. Yonkers wants assurance that a licensed self-service laundry will operate safely and honestly — refund money lost to faulty machines and follow the City ordinance that governs the business.
It is a three-party arrangement: you (the principal), the surety carrier, and the City of Yonkers (the obligee), with customers as the protected parties. If the operator violates the City ordinance or fails to make customers whole as the law requires, a harmed party can recover against the $5,000 bond.
The bond must stay active for the life of your license. Let it lapse and the City can suspend your laundromat license — so we track it and notify you ahead of expiration.
These are the actual issuing fields — the application collects no credit information.
Start the application →$100 flat, no credit review, bond often issued in the same sitting. Free until issued.