Nikita Hair Sees Growth in Forbes-Ranked Top States For Businesses

Nikita Hair, Europe’s leading hair salon and award-winning franchise, is growing in U.S. states ranked the best for businesses by Forbes. The brand is preparing to open its first location in Frisco, Texas during the third quarter of 2022, and with the brand’s US corporate headquarters in Florida, Nikita Hair is seeking franchisees in the Sunshine State as well.

“As Nikita Hair establishes a presence in the U.S. through its franchise opportunity, we're looking to expand in markets where we're confident our franchise owners will succeed,” said Andrea Lyman, chief executive officer of Nikita Hair. “That's why we're eager to grow in Florida and open our first location in Texas this year. These markets have proven demand for our services, and we're looking forward to introducing our concept to new communities as we move forward in 2022.”

As the brand looks to sign on new franchisees in states highly ranked for businesses, it offers an Amazon-proof, pandemic-resistant business with recurring revenue streams. Clients are always in need of hair services, and when they find a stylist they like who knows how to cut and style their hair, they continue coming back.

Franchises like Nikita Hair are well-positioned and ready for growth throughout the U.S., but are finding much success in states like Texas and Florida.

Texas has a $1.9 trillion economy and is the second biggest in the U.S., behind California. It’s also a top-ranking state for its current economic climate and is highly ranked for its growth prospects due to the strong employment and income growth forecasts for the state over the next five years.

Florida is another state attracting many franchises due to its high migration rate and projected job and income growth over the next five years to be the top in the country. The state is also well-known for the number of entrepreneurs, which is expected to grow in the years to come.

These two Sun Belt states put aspiring business owners and even established entrepreneurs looking to diversify their portfolios in a unique position to open a new venture in a location that is economically thriving and projected to continue an upward trajectory over the next five years.

The unique opportunity to invest in a brand like Nikita Hair appeals to salon experts and investors in states like Florida and Texas where new entrepreneurs and established business owners thrive.

Total investment necessary to franchise with Nikita Hair ranges from $189,500 - $297,800 including a $43,500 franchise fee.