A method for manufacturing a grinding wheel which is formed by fitting a cylindrical grindstone chip including abrasive grains to a base metal formed to be of a columnar shape, comprises an adhesive agent applying step, a linear guide member arranging step for arranging and attaching a plurality of linear guide members on at least one of the outer peripheral surface of the base metal and the inner peripheral surface of the cylindrical grindstone chip, in parallel with a rotation axis of the base metal and with an equal distance separated in a circumferential direction from one another and a base metal and grindstone chip fitting step for fitting the base metal and the cylindrical grindstone chip to each other by relatively moving the base metal and the cylindrical grindstone chip, interposing therebetween the plurality of linear guide members arranged and attached with the equal distance separated from one another.