A mounting bracket for a saddlebag or the like has a bar member which is slotted to form a track in which a flat head portion of a specially designed bolt member rides. The bar member has elongated slots formed therein through which bolts are placed for attaching the bar member to the wall of a saddlebag, the bar member thus being adjustable as to position relative to the saddlebag along the longitudinal axis of the bar member. Offset bracket members and spacers as required are either fixedly attached to the bar member or attached by means of flat headed bolt members which ride in the track and are adjustably positioned therealong. A strut is attached to the first flat headed bolt member, this strut being attached at the other end thereof to the foot peg of the cycle, with or without use of an offset bracket as may be needed. One of the offset brackets is attached to the end of one of the rear shock mounts of the cycle. The range of adjustment afforded by means of the flat headed bolt member which rides in the bar member track enables the use of the same bracket assembly for a great variety of motorcycles or other equipment with which the bracket may be used.