Plot

A male stripper teaches a younger performer how to party, pick up women, and make easy money.

Mike Lane is a thirty-year old living in Tampa, Florida. By day he works as a roofer while at night, as Magic Mike, he is the star attraction of the Kings of Tampa, a group of male strippers. Secretly he wants out in order to further a projected furniture-making business but his credit rating precludes a bank loan for this despite his considerable savings. One night Adam, a teen-aged work-mate of Mike, follows him to the club and, when one of the acts is unable to go on, he is prevailed upon to strip - becoming a huge hit. However success goes to his head and his foolish actions not only threaten to jeopardize his sister Brooke's relationship with Mike but Mike's ambitions as well.—don @ minifie-1 correct British English to American Engilish

Tampa based Mike Lane has long worked several jobs to reach his life goals. Of those jobs, he would like solely to design and build custom furniture, his dream to start his own business doing so. But the job that pays the biggest bills is that of stripper, he now the star attraction among the stable of men working at Xquisite, a male strip club owned and operated by Dallas, a former male stripper himself who has his own dreams of a having a strip club empire. Mike has no issue with the stripping job, but knows he can only do it for so long. At one of his other jobs in construction, Mike meets naive nineteen year old Adam, who is looking for his own place in life as he, at the start of his adult life, is currently living with his protective sister Brooke, on whose couch he sleeps. Mike introduces Adam to the life of stripping, initially much to Brooke's chagrin, although Mike promises her and him that he will be Adam's protector in this life. Although slow to warm to the idea, Adam, also with Dallas' support, eventually becomes enamored with all that comes with the job, from the good to the bad to the very bad. Mike, Adam, Brooke and Dallas' lives play out against this backdrop as they strive for their own individual goals, sometimes at the expense of others, while they watch out for the ones they love.—Huggo

Michael "Magic Mike" Lane (Channing Tatum) has big plans but pays his bills through a series of odd jobs, most notably performing as the star stripper at Xquisite Strip Club in Tampa. The club is owned by Dallas (Matthew McConaughey), who has dreams of creating an "empire" of strip clubs. Xquisite hosts shows on Thursday, Friday and Saturday nights only. The club takes a $15 advance for bookings and $20 as door entry.

The other performers at the club include Big Dick Richie (Joe Manganiello), Ken (Matt Bomer), Tito (Matt Bomer), Tarzan (Kevin Nash) and others. Tobias (Gabriel Iglesias) is the DJ at the club. The show starts with a group performance, followed by solo acts and then a hot seat section, where women get to chose the stripper who gives them a lap dance for $5 per performance.

In between his gigs, Mike runs a mobile detailing business and works at a construction site for $20 / hour. Mike has a passion for making custom furniture but is waiting for the bank to give him a loan at favorable rates. Mike meets Adam at a job where they had been hired to tile a roof, except Adam had lied and had no experience, leaving Mike to train him on the job.

Mike soon meets nineteen-year-old Adam (Alex Pettyfer) who has recently been fired from his construction job after the foreman caught him stealing. Mike takes Adam under his wing and encourages him to begin stripping at Xquisite. Mike starts him off slow, as he and Adam approach women inside night clubs and hand them an invitation to attend the Xquisite club for a show. Mike the takes Adam to Xquisite, where Dallas allows Adam to take up odd jobs to help out the performers. Adam is told to hand out Props to the performers before they have to go on stage.

Adam is thrown to perform on stage when Tarzan overdoses on drugs and passes out. Adam walks out on stage and is terrible at dancing, but he is confident and even makes out with a customer, which is technically against the law, but excites the crowd into a frenzy. The tips from the live shows can amount for big money. Adam gets to keep every dollar that he makes on stage. Dallas makes about $2500 from each show and has to pay Mike and the other guys for bringing the customers into the club. Mike wants equity in the new clubs that Dallas is planning to open. Dallas doesn't commit to the same but keeps Mike on the hook.

Dallas agrees to take Adam on the crew and puts him through rigorous training to teach him how to dance. He also gets Adam a new stripper wardrobe. Adam starts clearing almost $250 each night he is on stage. Mike saves his money in a safe inside his home.

Mike is introduced to Adam's sister Brooke (Cody Horn). Brooke is suspicious of Adam's new job when she finds him shaving his legs. Brooke sees Adam perform on stage at the Xquisite. After Adam, Mike goes on stage and Brooke is attracted to him. Despite his on-and-off relationship with a woman named Joanna (Olivia Munn), Mike finds himself attracted to Brooke and promises to look after Adam.

Adam falls further into the excessive lifestyle of the Xquisite dancers, using drugs and having sexual encounters with many clients. When Dallas announces he has a plan to move their act to Miami, Mike confides in Brooke that he is tiring of the lifestyle and wants to get a small business loan to pursue his dream of opening a custom furniture business. The bank declines his loan application and Mike realizes that he has to stay in the business to continue to pay his bills.

Mike later attends a hurricane party at Dallas' house, where Adam becomes part of a scheme created by Tobias (Gabriel Iglesias), Xquisite's DJ, to sell drugs to Xquisite's clients, and is eventually given a package of ecstasy. Adam begins using drugs regularly, and Mike notices more of Adam's reckless behavior, to the chagrin of Brooke who is relying on Mike to protect him.

A few days later, Mike and Adam perform for a private party at a sorority house, and Adam brings the package of drugs with him. At the party Adam gives a young woman an ecstasy pill, causing a brawl between Adam and the woman's boyfriend. Mike and Adam are forced to flee the scene. Later, at Xquisite, Dallas is infuriated to learn Mike didn't collect payment for the private show before the fight occurred. Also, Tobias becomes dismayed when he discovers that Adam had left the package of drugs, which Adam tells Mike is worth $1,000 in all, at the sorority.

After that night's show at the club is finished, Mike and Adam take drugs and go to a club. Adam winds up vomiting and passing out, with Brooke finding him on the floor the next morning. Brooke angrily confronts Mike and accuses him of failing to protect her brother (as he had promised) and ends her friendship with him. Later on, Tobias' suppliers break into Mike's house looking for Adam. Realizing Adam lied to him about the drugs' worth, Mike gives them $10,000 (most of his life savings) to pay Adam's debt, unknown to Brooke.

Later, during the dancers' final performance at Xquisite, Mike decides he's had enough, knowing that Dallas has no loyalty to any of them and is driven by greed. Pretending he needs to use the restroom, he leaves through the club's exit and drives away to end up at Brooke's apartment, where he tells her he is through with stripping.

After realizing Magic Mike isn't coming back, Dallas invites Adam to replace Mike as the front man of the dancers. Brooke then tells Mike that after he left her apartment earlier, Adam called her to tell her that Mike had paid off the drug dealers for him. They forgive each other, admit their mutual attraction, and decide to begin their relationship anew.