Cloudland Theater | Application Preview
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General Information
Business Registration Number: 1354598500027
Location: Minneapolis, MN, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: NO
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Funding Usage
These funds will go to our building remodel which includes stage installation. We are also seeking funds for our audio equipment.
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Business Plan
Cloudland Theater will open with 2-3 shows per week and only owners as workers. We plan to expand our event calendar to 4-5 shows per week and hire 4-10 employees. We project our monthly net income to increase as ticket sales increase over the next 5 years. Our venue offers this area a place for community events that is currently lacking. There is not a small space for music, comedy and literature in south Minneapolis, and this block of East Lake street is ideal for such a theatre. Our projections show the neighborhood has a viable audience for weekly events.
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Self Identified Competition
There is currently no such space in our immediate area that hosts shows, especially smaller & quieter music events. The Hook & Ladder Theater, Cedar Cultural Center, and Moon Palace Bookstore have events but are in other areas. Cloudland Theater celebrates the diverse music scene in Minneapolis, and focuses its events accordingly. There is currently no space where people can regularly gather to listen to jazz piano or flamenco guitar for moderate ticket prices, enjoy a book club with a presentation by the author, or view art films made by local filmmakers.
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Contact Applicant
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