Originally Posted by
SkyDog75
You'll also want a set of combination wrenches.
HERE is a cheap set, although I'd personally suggest spending a few more dollars for something a bit nicer. You'd typically need wrenches for pedals, the nuts holding your shift & derailleur cables, and all sorts of miscellaneous stuff. (Not just on the bike, but around the house and in your car, too.)
The flats on pedals are often too narrow to work with a conventional combination or open-ended wrench so you want a pedal wrench unless your pedals are setup to take a hex key (you might want a 3/8" drive socket or cheater bar to get enough torque for removal; just remember the left pedal has left-handed threads) The flats for centering brakes often can't be reached by a straight wrench so you need an offset one like Park's. Many if not most cable and brake fixing bolts take a hex key.
A box end wrench is nice for cassette lock ring/freehub tools; although the 1" wrench won't be in a metric set or an inexpensive standard set.
Pass on the combination wrenches.