Apparently quite a few local bands had moved their stuff into the garage, spray-painting the walls and keeping loud music blaring all night. This had given Tom the false impression that the garage is a popular nightclub, so he expected to make his money back by selling $10 drinks but it turned out that nobody except stoned band members ever visited the garage.
Then the band members all went to holland to use this modern, well outfitted studio space in a fetching shade of orange. The owners of the studios had the sense to charge them a reasonable fee and so they actually stayed, and all was well.