What are the preliminary steps in opening a venue/night club in the city of detroit?

I have been formulating a plan to open a new wave/electro/techno club in detroit with my partner tom. We are 21 and 22 year old college students in detroit and have pretty extensive experience in the technical aspect of making a club work. We just need to know what the preliminary steps are for the business/legal side and financing the operation. We do not have a location yet. Do we find a location first and approach a bank or investor with the plan? Or do we go to the bank or investor first. Thank you.