Dont do it!!!
this is a total waist of your time and money!
i would conter offer with 5% of gross if sell are above 2000$ per day
or 25 % on sell after the first 2000$ per day!
I'll agree with the previous posters. That is a pretty ridiculous deal. You'd have to have super high margins to make anything. Maybe 25 percent of net but still... Gotta watch out for crap like this.
Think of it in terms of rent. Are you willing to pay 25% in rent? I think not. Determine for yourself what you would be willing to pay in rent and negotiate from that perspective.
thanks much for the support - for events like this - what is more inline - 10%? Maybe I'll just sell by the by the lb and sample & hand out tons of discount coupons for online purchases.