Jesse is shocked to discover that he has inherited the Smash Club from the late Buzz Markel, according to his will. Jesse and the Rippers played gigs at the Smash Club more than virtually any other band, but the place has been closed down for the past couple of years. Jesse will become the owner only if he can reopen the club. If he can't do it, the club will be turned into a parking lot. After receiving some ideas from Stephanie, D.J., Steve, and Kimmy, Jesse decides to reopen the Smash Club as a place where anyone can come to hear cool new music from new bands -- no age limit like the Smash Club had before, when people had to be 21 or older to get in. Jesse's plans also state that no alcoholic beverages will be served in "The New Smash Club". Jesse and Joey head to the Smash Club, which is, of course, a mess. Jesse wants to clean up the place so he can get the loan he needs to reopen it. Eleanor Cook, a loan officer from the bank, shows up. After talking to Jesse, Cook believes that Jesse is unprepared because the building is not up to code, so she turns Jesse down. Later, Jesse calls the bank and talks Cook into giving him another chance to get the loan. This time, Jesse tries to learn as much as he can about building codes, fire codes, and safety codes. This time, after the second interview with Cook, she approves Jesse for the loan, which means Jesse can reopen the Smash Club. It turns out that Cook was a former cage-dancer at the Smash Club, and like Jesse, she refuses to see the Smash Club get turned into a parking lot. Meanwhile, Michelle tries to turn Nicky and Alex into her own personal servants.