What is a Florida Health Studio Surety Bond?
A Florida Health Studio Surety Bond is one way the State of Florida’s Department of Agriculture and Consumer Services regulates health studios. The Florida Health Studio Surety Bond is required of all individuals or health studios, barring an exemption, for a period of five years also encompassing any pre-opening sales. This bond must be posted if the health studio collects fees 30 days in advance, or charges a service fee greater than 10% of the total contract price, or uses a third party to collect dues on behalf of the health studio.
What is the current market for a Florida Health Studio Surety Bond?
Florida Health Studio Surety Bonds are widely written by multiple surety bond markets. The total bond amount for the Florida Health Studio Surety Bond is $50,000. Terms of approval and premium are largely determined by the financial condition of the dance studio’s corporate and/or personal net worth and experience.
How do I apply for a Florida Health Studio Bond?
- Complete our online Florida Health Studio Bond application, or
- Download and complete our printable Florida Health Studio Bond application, and
- Receive your surety bond quote in minutes!