How do you make money with these terms from the school newspapers. 15% rent and more. Follett can't cut prices of textbooks. - Under the new bookstore proposal, Cerritos College and relatedly, the ASCC wil recieve an annual increase in commission revenues of approximately $180,000
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The commission on sales is 15 percent on sales under $3 million and 16 percent on sales above $3 million.
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The commission guarantee increased from $350,000 to $400,000 and an allocation of $30,000 toward the Cerritos College Library and $50,000, to the Facilities Department.
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Increased annual Textbook scholarships of $2,500, totaling to $5,000 plus an additional discount of 25 percent on each textbook purchased.
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A one-time commission payment of $112,000 for 2014 fall rush sales.
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Potential store improvements, which include the installation of facilitates and/or equipment for the purpose of selling coffee or other food or drink products.
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An improved clause giving Cerritos CCD exclusive rights to sell athletic apparel or gear containing Cerritos colors and/or logos.
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See more at: http://www.talonmarks.com/news/2015/02/03/bookstore-contract-raises-new-debate/#sthash.Ws1Rk2V6.dpuf