When Mr. Krabs feels like an aging old man, he tries to feel young again, so he comes with SpongeBob and Patrick for a night on the town. It turns out that the stops Mr. Krabs, SpongeBob, and Patrick go to are lame. Then, they go on a panty raid, but the house they strike at turns out to be Mama Krabs' house, and Krabs' mother sends Mr. Krabs to his room.
When Squidward gets a purebred snail named Snelle, SpongeBob challenges him in the great snail race. SpongeBob trains Gary very hard to beat Squidward and Snelle. Patrick has a "snail" of his own for the race, which is a rock. At the snail race, Gary is in bad shape and SpongeBob hollers at Gary to get up, while Snelle heads straight to the finish line. Right when Snelle is a small step to the finish line, she turns back and makes friends with Gary, while Patrick's rock wins by a longshot.