Private practice salary offer...is it fair?

I recently was offered an associate position from a solo practitioner in a local suburb far from the city. The base salary is $70,000, with bonus of 10% after making 3x base. This practitioner will pay for CME, malpractice, professional membership fees. No health insurance. 2 weeks sick/vacay. Practice is very busy, practitioner averages ~45 pts/day and there are nearby hospitals with very few podiatrists taking call, thus growth potential can be very fast and high. There's also option to... Private practice salary offer...is it fair?
Source: Student Doctor Network - Category: Universities & Medical Training Authors: Source Type: forums