City of New York City, New York-Second Hand Dealer-Firearms
Secondhand Dealer - Firearms
Overview
What it is.
Secondhand Dealer - Firearms
Who usually needs it
Persons or businesses that buy or sell used goods (other than automobiles) in New York City require this $1,000 bond as part of obtaining a Secondhand Dealer General License. Firearms are explicitly not covered under this general license and bond requirement. The bond ensures compliance with NYC regulations and protects consumers from financial harm due to …
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateNYBond amount$1,000ObligeeThe NYC Department of Consumer and Worker ProtectionBond classLicense BondCategoryOtherBondCity of New York City, New York-Second Hand Dealer-FirearmsPlain descriptionSecondhand Dealer - FirearmsWho needs this bondPersons or businesses that buy or sell used goods (other than automobiles) in New York City require this $1,000 bond as part of obtaining a Secondhand Dealer General License. Firearms are explicitly not covered under th…
