They probably could've done better in a smaller theater, too. The Lyceum, while not huge, has a decent capacity, and their percentages would've looked better in a smaller house like the Golden or the Booth. I think if they had waited until the 19-20 season to open, it would've allowed them to take one of these theaters, they could've monopolized on the summer crowds, and they'd have a decent shot at more Tony nominations due to the lack of already-announced original scores coming to Broadway.
"I think that when a movie says it was 'based on a true story,' oh, it happened - just with uglier people." - Peanut Walker, Shucked