I just did my Road Bike (Concorde) overhaul yesterday at my other store (great tools there).
First thing I did to the bike was take over my torn red handlebar tape and all my cables and housing. They were all shot after 5000km (cheap cables were used). I then did the standard overhaul. I removed all the components. I let the parts sit in degreaser for 30minutes to flush out the systems and make sure they were clean. Then I dried them, relubed and greased and cleaned off the frame. Then I put all the parts back on. I put new Duraace Brake and Gear Cables and new housin on the bike. Put on some black Profile cork tape and the bike was good as new!
Unfortunately, the rear rim has 2 flatspots in it and it won't stay in true so I gotta just go out and buy a new Open Pro rim and DT spokes and I'll rebuild the real wheel.