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Consumption on the Premises (Liquor-by-the-Drink) Tax Bond

Every licensee permitted to sell alcoholic beverages for consumption on the premises (e.g., restaurants, hotels, clubs, and wine-only establishments). Required when: Required as a condition precedent to the granting or renewal of a liquor-by-the-drink license.

Bond amount$10,000
State or jurisdictionTennessee
ObligeeTennessee Department of Revenue

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

Amounts can vary

Selected requirement: $10,000. Other available requirements: "The bond amount is set at four (4) times the average monthly liquor-by-the-drink tax liability. Effective July 1, 2024, the minimum bond amount for all liquor-by-the-drink bonds is $10,000.". Exact options still depend on the obligee, state, and underwriting.

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2323 yearsHelping clients and agents
Overview

What it is.

Every licensee permitted to sell alcoholic beverages for consumption on the premises (e.g., restaurants, hotels, clubs, and wine-only establishments). Required when: Required as a condition precedent to the granting or renewal of a liquor-by-the-drink license.

Who usually needs it

Every licensee permitted to sell alcoholic beverages for consumption on the premises (e.g., restaurants, hotels, clubs, and wine-only establishments).

Pricing & timing

What to expect.

Generic pricing

Tax bonds guarantee payment of taxes or compliance with tax regulations. Typical Pricing:. • Standard tax 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. • Credit check: Required for most tax bonds. Common types include sales tax bonds, fuel tax bonds, and cigarette/tobacco tax bonds. Quick approval is typical for applicants with good credit. Some tax bonds may price higher depending on the bond type and jurisdiction.

Your quote determines the actual premium.

Typical timeframe

Credit-based approval — typically 1–2 business days

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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