Used bike refurbishing and resale

Students, commuters, families buying for growing kids and budget-minded riders.

You sell each bike for more than you paid plus parts and time, and you can add accessories like locks, lights and helmets.

• Bike repair and tuning
• Spotting good-value bikes
• Clear online listings and photos

• Check that used bikes are not stolen: ask for proof of ownership and keep records of purchases
• Check with your municipality whether a home-based business licence or zoning permission is needed
• Consider liability insurance, since a faulty brake or frame could cause injury
• Sales are seasonal, with the busiest period usually spring and summer, so plan for a slower winter
• Check when you need to register for GST/HST based on your sales

Startup costs are typically around $500 to $2,500, depending on your tools, how many bikes you buy up front and your setup at home. These are estimates, so start small and reinvest what you earn.

Monthly revenue is typically estimated at around $400 to $2,500, depending on how many bikes you sell and at what price. Sales are seasonal, with the busiest period usually spring and summer, so plan for a slower winter.

Check that used bikes are not stolen by asking for proof of ownership and keeping purchase records. Also check home-based business licence or zoning rules, liability insurance, and when you need to register for GST/HST.