The entire gang goes to Colorado to help Marion's Uncle Ben at his dude ranch. They have to come up with enough money in five days to pay off Ben's neighbor who holds a note on the ranch. They also will have to keep the ranch up and running.

The gang stages a rodeo in an attempt to raise money to pay off the note H. R. Buchanan holds on Marion's Uncle Ben's ranch.

Richie is able to stop the out-of-control horses that are pulling a wagon Joanie is in. With the deadline looming, the gang is still short $1017.38 for H. R. Buchanan's note, so Fonzie volunteers to ride a killer bull for a $1000 prize.