It will bomb. It premiered in the top 3 cities with biggest homo populations in the US. They did this on purpose to give it some hype, before its released nationally and makes squat.
The city with the biggest per capita gay population (Atlanta) has yet to see the film. It will do well here in its "limited release" as well. One (1) theater in town will be showing the film. Guess where that theater is. You got it, in the heart of Midtown where the gay community is most prevalent.