The gang offers to help their pal Waldo attract customers to his lemonade stand. Redecorating their clubhouse as a lavish nightclub, the kids stage an elaborate floor show, with Darla Hood as the star vocalist.

Advertising executive Alan Miller, a recovered alcoholic who now does interventions on behalf of Alcoholics Anonymous, is called to help Broadway actress Jenny Carey whose developing career is threatened by an increasing dependence on alcohol. Alan's growing interest in Jenny strains his marriage to Edna, with whom he has two children.