Bicycle Repair Service

Business Idea: Start A Bicycle Repair Service in 2024

Updated: October 2nd, 2024

Avg Monthly Revenue
$150K
Avg Startup Costs
$18K
Market Size
Avg Revenue
Avg Days To Build
127 days

Heightened interest in environmental conservation and the surge in exercise have contributed to increasing cycling. More people prefer cycling to work over using public and private vehicles.

As the use of bikes becomes more popular, the demand for bike repair is getting higher. People will take their bikes to a repair service for a regular tune-up and keep the bicycles safe and steady throughout.

Thus, if you are mechanically inclined and are interested in cycling, you can earn good profits from a bicycle repair service. To start, you can open a workshop in your home or serve people door-to-door.

Revenue & Profitability

How much do bicycle repair services make?

Startup Costs

How much does it cost to start a bicycle repair service?

  • It can cost as low as $4,000 to start a bicycle repair service.
  • It can cost as high as $30,000 to start a bicycle repair service.

Learn more about the costs of a bicycle repair service.

Examples Of Successful Bicycle Repair Services

Successful bicycle repair service businesses and case studies

Tower Electric Bikes is a direct-to-consumer eBike brand co-founded by Stephan Aarstol and Mark Cuban, which has done over $36 million in sales since its $150,000 investment in 2012, and produced and sold everything from paddleboards to electric bikes for half the retail price, with the aim of creating the world's first famous eBike brand.

$300K Monthly Revenue
$30K Startup Costs
Read by 28,341 founders

To Go Cycles sells a beer-friendly saddle bag for bike enthusiasts and has already sold their product across Canada and the US, improving brand awareness by partnering with local breweries and cycling groups, and planning to expand globally and expand their product range.

$500 Monthly Revenue
$4K Startup Costs
Read by 2,821 founders

See full list of successful bicycle repair services.