As Zipper's Clown Palace (a strip bar) closes, Neil wanders in and decides to hold the dancers, bartender, and remaining customers hostage. He torments them with little tasks he wants performed, playing on their weaknesses and relying on his gun for intimidation. Eventually the hostages begin formulating plans to thwart his control. Meanwhile, two policemen are observing the outside of the strip joint, realizing that something's wrong and trying to decide if it's worth ruining their buzz to intervene.
So this movie was made with most of the same cast, most of the same locations, and the same scenes as Naked Obsession... ... and you get the feeling that Stripteaser and Hot Ticket were filmed to pay off the far better Naked Obsession. We'll save money, film them all at once, and release a couple of cheap flicks to pay for the one we are actually trying to make good sort of thing. And you saw the same thing with "It's Showtime" and "Sunset Strip," only Stripteaser is a little more fun, Naked Obsession was a lot more unique and watchable, and in the end you got a couple of movies that you can stand to watch... ... that is if you sit down with the understanding that you are watching a low grade stripper exploitation flick.