The film grossed US$8 million in North America, against a production budget of $14.5 million.
In an unnamed city in a time period that resembles the 1950s (referred to within the film as 'another time, another place'), Ellen Aim (Diane Lane), lead singer of Ellen Aim and The Attackers, has returned home to give a concert. The Bombers, a biker gang, led by Raven Shaddock (Willem Dafoe), kidnap Ellen.
Witnessing this is Reva Cody (Deborah Van Valkenburgh), who hires her brother Tom (Michael Paré), an ex-soldier and Ellen's ex-boyfriend, to rescue her. Tom returns and checks out the local tavern, the Blackhawk. He is annoyed by a tomboyish ex-soldier named McCoy (Amy Madigan), a mechanic who "could drive anything" and who is good with her fists. They leave the bar and later Tom hires McCoy to be his driver. That night, Tom and Reva plan to rescue Ellen; Reva contacts Billy Fish (Rick Moranis), Ellen's manager and current boyfriend.
While Reva and McCoy go to a diner to wait for Billy, Tom acquires a cache of weapons, including a pump action shotgun, a revolver, and a lever action rifle. Tom and Billy meet at the diner and Tom agrees to the rescue for $10,000, and that Billy goes with Tom back into "the Battery" to get Ellen.
In the Battery, they visit Torchie's, where Billy used to book bands. They wait until nightfall under an overpass, watching bikers come and go. Raven has Ellen tied up in an upstairs bedroom. As Tom, Billy, and McCoy approach, Tom directs Billy to get the car and be out front in fifteen minutes.