Recommendation

If you are interested in knowing more about your bike, cleaning, repairing, or you just want to know the names of the parts so you can explain your problems you NEED to get The Park Tool Big Blue Book of Bicycle Repair. It tells you what tools you need for the components on your bike and is extremely helpful with all your bike needs. 

Manual

We scored the "Big Blue Book Of Bicycle Repair" written by C.Calvin Jones today. It looks very comprehensive while slightly biased to Park Tools, but with good reason since the sub-title is A Do It Yourself Bicycle Repair Guide from Park Tool.

It will be a great source of information on tools and other things we'll need to set up our bike repair shop in the garage.

It's a great start and we have already started reading through it with intent to take the bottom bracket out of my old Trek 1200 frame.

Where to Find Those Essential Tools

You can find the more common tools at your local Home Depot, Lowe's or on Amazon.com but you may need to go to your local bike store to find the bike-specific tools such as multi-tools or pedal wrenches. My personal favorite tools are ParkTools, the link for their website can be found under the "resources" tab.