New Jersey Health Club Bond

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The New Jersey Health Club Bond is a type of surety bond required by the State of New Jersey, Director Division of Consumer Affairs.  A health club is an establishment which devotes or will devote 40% or more of its square footage to providing services or facilities for the preservation, maintenance, encouragement or development of physical fitness or physical well-being. The amount of the bond is based on the gross income of the health club. For health clubs with an annual gross income of less than $50,000, the bond amount is $50,000. For health clubs with an annual gross income of $50,000 or more, the bond amount is 10% of the gross income, up to a maximum of $250,000

The bond states that the bondholder shall faithfully and truly fulfill all of its health club service contracts and not file for bankruptcy. 

How to Get a New Jersey Health Club Bond

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

1. Complete the easy to navigate and secure online application. ¹
2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day. ²
3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the New Jersey Health Club Bond will be shipped to the bond applicant. The cost of the bond is usually between 1% and 3% of the bond amount, subject to a minimum premium and fees of $150 to$250. Surety1 will shop its many markets to procure the right price at the right terms.
^{1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.
2- Subject to underwriter approval, based on aggregate surety bond exposure, additional underwriting information may be required}

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.

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How to obtain a New Jersey Health Club license

To obtain the license, you must you must follow these steps:

• Meet the eligibility requirements. To be eligible for a New Jersey Health Club license, you must:
  • Be at least 18 years of age.
  • Have a high school diploma or equivalent.
  • Have at least two years of experience in the health and fitness industry.
  • Pass a criminal background check

• Complete an application. You can apply for a New Jersey Health Club license online or by mail. The application fee is $200.

• Submit your application and supporting documentation. Along with your application, you must submit the following documentation:

  • Proof of age (birth certificate or passport)
  • High school diploma or equivalent
  • Proof of experience (employment verification letters or W-2 forms)
  • Application fee
  • Three passport-sized photographs
  • Certificate of insurance
  • Proof of financial stability (bank statement or financial statement)
  • Business plan
• Obtain a New Jersey Health Club Bond
• Pass an inspection. The New Jersey Division of Consumer Affairs will inspect your health club to ensure that it is in compliance with all applicable laws and regulations.
• Obtain a certificate of occupancy. You must obtain a certificate of occupancy from your local municipality before you can open your health club to the public.

Once you have completed all of these steps, you will be issued a New Jersey Health Club license. Your license will be valid for two years and must be renewed at the end of that term.