The luxurious villa of Mark and Jessie Bannister, a yuppie couple, is overrun by loads of uninvited guests who turn the house up side down.

Bill and Ted are high school buddies starting a band. They are also about to fail their history class—which means Ted would be sent to military school—but receive help from Rufus, a traveller from a future where their band is the foundation for a perfect society. With the use of Rufus' time machine, Bill and Ted travel to various points in history, returning with important figures to help them complete their final history presentation.