DETROIT (WWJ) – Joe Muer’s seafood restaurant closed it’s doors in May of 1998 and the old building on Gratiot in Detroit has since been torn down.

In an announcement Thursday, WWJ has learned the once-popular eatery will reopen. Same name, different owner. Now Andiamo Restaurant Group President and CEO Joe Vicari will be at the helm.

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He says getting the million-plus dollars for the deal was not a slam dunk.

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“Things are different today but we were able to talk to level one and they liked the idea and were happy about it, honestly we went to three or four banks before them and they were the ones that stepped up, we are really happy and excited,” says Vicari.

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Neither Vicari, nor Joe Muir, will reveal the amount paid for the Joe Muer’s name and logo.