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. At 3% the math lands below our floor, so the price is our $275 minimum — flat, the same for every operator.
















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 check 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.
$5,000 bond × 3% = $150, which falls below our $275 minimum — so the price is $275 flat per term. Fixed amount, fixed price, multi-year if you want it.
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 — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$275 flat, five-minute application, bond often issued in the same sitting. Free until issued.