Ten-year-old Grace is crushed to learn that her grandparents' bakery might close after thirty years and wonders how her own business, which they inspired, can survive if theirs cannot, but she and her friends use their talents and newly-acquired business skills to try to save the day.

While owl detectives Wallace and Grace are on a scavenger hunt, they find a lost puppy, Jasper, and try to help him find his way home.