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EigirdD
If I were you I'd get some experience in bike shops first if you have none. Read my bio if you're interested (Second, third paragraph) ( http://www.perlierides.co.uk/bike-repairs-and-sales-in-hackney-since-2005/ ) I opened my shop about ten years ago and my one regret is not spending more time in the industry. When you start your own thing you have to either hire in experienced individuals or learn it yourself. What better way to learn than whilst being paid. By working for others you can highlight the lucrative elements of a business as well as learn about the hurdles and headaches. As with anything big in life I like to rush in slowly and do my research.
I started with a note book. The first thing I did was list all the things I needed to learn. I listed mechanical gaps in my knowledge as well as accounting / business / legal topics I would need to read up on. The list got huge but I ticked enough thing off the list that I became confident enough to commit.
My approach was an organic growth of the business. You could start small and part time and slowly let it build momentum like I did. For the record, I started out with a debt, A DEBT of seven thousand pounds! It is doable but it has been hard. Do I love it? Yes. Do I hate it? Yes!