A bicycle including a frame member provided with a front wheel mounted on a shaft and a rear wheel mounted on a shaft, a saddle provided with a stepped tube for adjustably receiving the saddle to a rear portion of the frame member, a handlebar assembly rotatably attached to a front portion of the frame member, a fork assembly extending through the front portion of the frame member, said fork assembly being connected at one end to the handlebars and at the other end to the front wheel, a front fender and rear fender operatively associated with the frame member and extending over the front and rear wheels, respectively, a pair of pedals extending from opposite sides of the frame member, sprocket wheels connected to the pedals and the rear wheel, a drive chain for engaging the sprocket wheels, wherein the front portion of the frame member terminates in a tubular end that receives the fork assembly and the handlebars, and a lower portion of the frame member separates into two leg members which extend along opposite sides of the rear wheel for engagement with the shaft of ht rear wheel.