Philadelphia Rock band Dreams get their equipment stolen and are going to lose their regular gig at Club Franks if they don't buy new ones. Gino meets rich Girl Lisa who will buy them for the band if she can join! Dreams follows the ambitions of 5 musicians as they try to carve out a career in music.
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Sparks fly when arch rivals, Martha and Lisa, temporarily become roommates.
When Gino and Phil report their plant supervisor for extorting money from co-workers, the band mates find themselves working the night shift. Unfortunately, the group discovers there aren't many daytime music gigs.
The band's success is jeopardized when Phil leaves the group just when they need him for an important gig.
Gino and Phil's friendship is strained when Gino warns Phil about a woman he is dating—from bitter experience.
Louise and Frank's relationship is threatened after 25 years of marriage; Gino can't understand why Lisa is immune to his charms.
Gino and Phil try to convince a former rock star-turned-loading dock worker to perform at a benefit gathering.
The band's first New York club gig isn't what they thought it would be: they're required to wait on tables before they perform.
Martha is frightened by a fanatic admirer; Gino and Phil's jobs are threatened.
Gino's admiration of Martha's brother Danny turns to seething jealousy when Danny dates Lisa.
Lisa's parents get their first look at their daughter's new life and friends when her 21st birthday party is held at the club.