Two friends, both named Frank, accidentally obtain a suitcase at the airport. It contains incriminating evidence against a mafia boss, who sends his Terminator-like lackie to find them. The Franks hide by impersonating make-up women for a beauty pageant. While in drag, the mafioso falls in love with one of the Franks.

Echoing the comic tone of the "Police Academy" films, Ninja Academy boasts an ensemble cast of hilarious characters, bonding while training hard, playing hard and ultimately, losing hard-- In the tough, unforgiving world of martial arts.