The Cycle Shop was incorporated in January 1924 and operated out of several locations. The business was originally organized by Rudolph Lundberg, Ludwig Anderson and Axel Pearson. Lundberg took over the operations in 1925. In 1949, Harry Lundberg and his sister, Margit Jones, acquired the business. Lundberg’s son Dennis, acquired Mrs. Jones interest in 1962 and entered into partnership with his father.