Nikita Hair
Hair salons

Nikita Hair
Hair salons

About
Founded

1984

Franchising Since

2018 (2 Years)

Corporate Address

433 Plaza Real, #275
Boca Raton, FL 33432

Leadership

Andrea Lyman, CEO

Financial Requirements
Initial Investment

$162,300 - $268,550

Ongoing Fees
Initial Franchise Fee

$39,000 - $39,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

1.5%

Financing Options

Nikita Hair has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

Support Options
Ongoing Support

Meetings/Conventions

Grand Opening

Security/Safety Procedures

Marketing Support

Ad Templates

National Media

Regional Advertising

Social media

On-The-Job Training:

22 hours

Classroom Training:

24 hours

Number of Employees Required to Run:

10

Cost
Initial Investment: Low - $162,300 High - $268,550
Units
+100.0%+0 UNITS (1 Year)

Units (Locations)

Where Seeking Franchisees:

Franchisor is seeking new franchise units worldwide.

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.
Updated: September 13th, 2019