What is a Florida Alcoholic Beverages and Tobacco Bond?

Know the how-to of this surety bond today!

Under the Florida Beverage Law, Cigarette Laws, and Tobacco Product Laws, the following persons are required to become licensed and submit a sufficient surety bond before engaging in the business of alcoholic beverages and tobacco products:

 

Alcoholic beverages – manufacturer; distributor; brewer; wine or wine and cordial manufacturer; distributor who sells beverages that contains not more than 4.007% of alcohol by volume; distributors who sell beverages that contains not more than 17.259% of alcohol by volume; distributor of wines regardless of alcoholic content; distributor in a single county with a population of 15,000 or less and sells to licensed distributors within the same county only; and spirituous liquor distributors

 

Tobacco – dealer, agent, distributing agent, distributor

The purpose of the surety bond is to guarantee the prompt payment of taxes. In the event that the licensee defaults on his or her tax obligations, the Obligee will recover the amount due on the surety bond.

 

This prerequisite is in compliance with Chapters 561-568 and Chapter 210 of the Florida Statutes.

 

What are the Alcoholic Beverages and Tobacco Bond amounts?

BOND TYPE    

                                                                            

ALCOHOLIC BEVERAGES

  • Manufacturer = $25,000
  • Distributor = $25,000
  • Brewer = $20,000
  • Wine or Wine and Cordial Manufacturer = $5,000
  • Distributor (not more than 4.007% of alcohol by volume) = $25,000
  • Distributor (not more than 17.259% of alcohol by volume) = $25,000
  • Wines regardless of alcohol content = $25,000
  • Distributor in a single county with a population of 15,000 or less = $5,000
  • Distributor of spirituous liquor = $100,000

 

TOBACCO

  • Dealer = $2,000 (minimum)
  • Agent = $2,000 (minimum)
  • Distributing agent = $2,000 (minimum)
  • Distributor = $1,000

If you have an excellent credit score, you will be eligible for a very low bond premium! Know more by calling us, or GET YOUR FREE SURETY BOND QUOTE HERE!

 

How can I get an Alcoholic Beverages and Tobacco Bond?

STEP 1: Apply for the bond

You need to submit a bond application to us. If you’re ready to apply now, you may do so HERE!

 

STEP 2: Underwriting

We will ask you for a couple of important information needed for the bond. This will include your financial history, business performance history, and your credit score. An underwriter will carefully evaluate all those.

 

STEP 3: Bond execution

Once the underwriter is done with the underwriting process, we will immediately issue the bond and send it to you!

 

What are the surety bond conditions?

APPLY TODAY!

 

Bond form http://www.myfloridalicense.com/dbpr/abt/forms/documents/abt-6032.pdf