§1What this business is
The shop keeps a stock of about 25 new cycles, sells tyres, tubes and other spares, and does puncture repair, fitting and overhauling. The profile expects to sell 300 new cycles a year at an average ₹2,000, spares worth ₹80,000 and repair work of ₹70,000 — a turnover of ₹7,50,000. Repair skill is easy to learn on the job, so the main needs are a roadside location with heavy cycle traffic and a good sense of which models sell.
Capacity: 300 new cycles sold a year, plus spares and repair work.
§2Is it right for you?
Who it is for
A first-time shopkeeper in a village market, school area or small town.
Who it is not for
Someone expecting a high income from a single small shop.
Advantages
- Starts with under ₹1 lakh in the profile
- Repair skill is quickly learnt on the job
- Repairs bring daily cash while sales bring bigger tickets
Drawbacks
- Thin margin on new cycles
- Stock gets stuck when models or seasons change
- Profit is small unless volumes grow
Skills you need
- Assembling and dismantling cycles
- Puncture and tyre repair
- Knowing brands, sizes and prices of spares
- Advising buyers on models
Why difficulty 1/5: Small stock, simple tools and an easily learnt skill.
§3Market
Who buys
- School children and their parents
- Workers and farmers who commute by cycle
- Cycle owners needing repair
How it sells
- Shop counter on a busy road
Good to know
- Turnover in the profile: new cycles ₹6,00,000, spares ₹80,000, repair ₹70,000.
§4Raw material & machinery
| Item | Qty | Cost |
|---|---|---|
| Hand tools and fixtures | — | ₹10,000 |
| Furniture and fixtures | — | ₹10,000 |
From: NSTFDC model project profile — Cycle Sale and Repair Shop
- New bicycles for saleopening stock of 25 cycles at ₹1,700 each
- Cycle spare parts₹8,000 a month
- Consumables — kerosene, lubricating oil, grease, rubber solution, emery paper₹2,000 a month
From: NSTFDC model project profile — Cycle Sale and Repair Shop
§5Licences & registration
- Udyam registration
- Trade licence / Shop and Establishment registration
- GST registration once turnover crosses the limit
Start it in your state
Pick your state: today’s cost, central + state subsidy, raw material, land and help, on one page.
§6Schemes & subsidies
- MudraCentralActiveLoan up to ₹20 lakh, no collateral
- CM YUVAUPActiveUp to ₹5 lakh, interest-free
- CGTMSECentralActiveNo collateral, up to ₹10 crore
A MUDRA Shishu or Kishore loan fits this size. In Uttar Pradesh, CM-YUVA gives interest-free loans up to ₹5 lakh to young first-time entrepreneurs. ST borrowers can use NSTFDC loans through their State agency.
§7Money
How the investment is worked out: Stock of 25 new cycles ₹42,500 + hand tools and fixtures ₹10,000 + furniture ₹10,000 + preliminary expenses ₹5,000 + contingencies ₹5,000 + working capital ₹22,500 = ₹95,000. Shop on rent.
Working capital: Working capital ₹22,500: stores ₹1,000, spares for sale ₹4,500, receivables ₹6,500 and other current assets ₹10,500.
Year not printed on the NSTFDC profile; it prices a new cycle at ₹1,700, so today's stock will cost several times more.
§8Export potential
A local shop; it does not export.
§9Risks — where people fail
- Credit sales not being paid
- Customers shifting to motorcycles and e-cycles
- Competition from larger dealers in town
§1030 / 60 / 90-day plan
A general plan that applies to any business. A plan for this business will be added after research.
- Days 1–30: Visit a working bicycle sale and repair shop unit, ask 10 buyers about price and quantity, and get quotations from 3 suppliers.
- Days 31–60: Udyam and the licences you need (Udyam registration, Trade licence / Shop and Establishment registration), a project report (DPR), and the scheme or loan file.
- Days 61–90: Space and machines, trial production, and first deliveries to 10 customers.
§11Who to connect with
§12Watch
There is no episode on this business yet. Shows are coming soon on the Podcast page.
Want to start Bicycle Sale and Repair Shop?
DPR, loan file or registration — ask us on WhatsApp.
¶Sources
Data review: 6 October 2026. Spotted a mistake? Report it. For information only — not legal or financial advice.