Aqua-Tots
The total investment to open a Aqua-Tots franchise ranges from $1.6M to $2.6M. The initial franchise fee is $50,000. Ongoing royalties are 6% plus a 2% advertising fee.
What is the Aqua-Tots franchise?
Aquatots Swim School began in 1991 in Tempe, Arizona, when Ron and Jane Sciarro started a mobile swim school using borrowed backyard pools and rented hotel facilities in the Phoenix metropolitan area. Paul and Heather Preston joined the Sciarros in 2005, leading to the opening of the first dedicated indoor Aquatots facility in Mesa, Arizona. The company is headquartered in Mesa, Arizona, and Craig Wright serves as Chief Executive Officer of Aqua Tots Swim School Holding, LLC. Aquatots describes itself as the largest international swim school franchise, with over 180 franchise locations across 14 countries as of February 2026. Data from December 2024 counted 167 locations worldwide. The 2024 FDD reported 119 United States units, including 118 franchised locations and one corporate location, serving more than 150 communities globally. An independent database lists 24 total units, all franchised. The brand operates in the child development and water safety sector, where parents seek instruction that can build swimming skills and confidence.
The swim school industry is supported by demand for child safety, skill development and health focused activities. Demand is connected to greater awareness of water safety and drowning prevention, parental interest in early childhood development and enrichment, and preference for structured, year round programs outside traditional school. Aquatots provides instruction in controlled indoor facilities, which can appeal to families seeking consistent programming through changing weather conditions. The category also benefits from recurring lesson plans and its connection to family priorities. Competition includes local and regional swim schools, while Aquatots has positioned itself as the largest international franchise. Population growth in family focused suburban areas, higher disposable incomes among target customers and the continued popularity of recreational water activities may support further expansion.
The initial franchise fee is $50,000 and is generally paid when the Franchise Agreement is signed. Another source cited a $40,000 fee, with a reduced fee of $30,000 for additional units under a Multi Unit Development Agreement, but recent documentation more consistently identifies $50,000 as the standard fee for one unit. The total initial investment is generally $1,619,095 to $2,639,314. An estimate from January 2024 listed $1,525,095 to $1,950,237. Costs include real estate acquisition or leasehold improvements, specialized pool construction, tenant improvements, aquatic supplies and equipment, interior and exterior signage, opening inventory and miscellaneous startup expenses. Candidates typically need at least $500,000 in liquid assets and a net worth exceeding $1,000,000. Estimated working capital for the first three months is $40,000 to $115,000. Aquatots does not provide direct financing, but it has established relationships with several banks familiar with its franchise model, which may help qualified candidates seek third party lending.
Franchisees operate dedicated indoor swim facilities, manage certified instructors and follow Aquatots' proprietary curriculum. The program includes eight levels of swim instruction and focuses on how children learn in a relatable and understandable way. Each instructor completes over 40 hours of in water and classroom training and holds current CPR certification. Classes maintain a student to instructor ratio of 4:1. New owners and core management teams attend initial training at Aqua Tots University in Mesa, Arizona. The initial fee includes assistance with site selection, facility construction, marketing strategies and marketing materials. The headquarters team provides continuing support, and the co founders are recognized for establishing clear expectations across the system. Aquatots is implementing new technologies to improve operations and franchisee support. Specific territory terms are not detailed, although the model implies exclusive territories for physical locations. The company is seeking franchisees in Canada and other international markets. Owners are expected to participate in daily operations, so this is not a semi absentee or home based model. Swim instruction certification is not required, but customer service, marketing, people management and financial skills are considered important.
Prospective buyers should speak with the franchisor and contact existing franchisees during due diligence. Aquatots opened 24 new locations in 2024, including a new facility in Panama City, Panama, and has 90 locations in development. The brand had over 180 locations across 14 countries by February 2026. Its Franchise Satisfaction Index was 81 in 2025, compared with an industry average of 68. The investment range of $1,619,095 to $2,639,314 is substantial, so buyers should evaluate site economics, operating costs and financing needs rather than assume that industry revenue represents Aquatots performance. International growth includes Kuwait City in 2011, a third Thailand location opened in the first quarter of 2022 and the first Beirut, Lebanon location opened in the first quarter of 2022. Fourteen United States openings were projected for 2022.
Aquatots began franchising in 2007 with its first franchised swim school in Peoria, Arizona. International expansion started in 2011 with the first overseas location in Kuwait City, Kuwait. By February 2026, the brand reported over 180 franchise locations in 14 countries, while 167 locations were open worldwide as of December 2024. The 2024 FDD listed 119 United States units, including 118 franchised and one corporate location, serving over 150 communities globally. Aquatots opened 24 locations in 2024, including the Panama City, Panama facility. In the first quarter of 2022, it opened a third location in Thailand and its first location in Beirut, Lebanon, while projecting 14 additional United States locations for that year. Ninety locations are currently in development. An independent database lists 24 total franchised units, which may reflect an older or limited data set. The brand differentiates its model through its curriculum of eight swim instruction levels, more than 40 hours of instructor training, CPR certification and a 4:1 student to instructor ratio. It is also adding technology, seeking franchisees in Canada and other international territories, and has established concentrations in Texas, Michigan, Arizona, Georgia and Virginia.
The intended franchisee is an owner operator interested in water safety and child development. Swim instruction certification is not required, but customer service, marketing, people management and financial skills are useful. Daily involvement is expected, rather than semi absentee or home based ownership. Financial requirements include at least $500,000 in liquid assets and a net worth exceeding $1,000,000. Aquatots supports multi unit development, with a reduced franchise fee of $30,000 for additional units under a Multi Unit Development Agreement. Preferred markets are generally suburban areas with many families, median household incomes above $75,000 and nearby residential growth. Buyers should look for population growth, a high percentage of children under 12 and limited swim school competition. The brand prefers markets with at least 150,000 residents within a 15 minute drive radius. A precise period from franchise agreement signing to opening is not provided, but indoor pool construction and permitting can require a considerable development period.
Aquatots has grown from a mobile swim school founded in 1991 into an international franchise with over 180 locations across 14 countries as of February 2026. Its model combines indoor facilities, eight curriculum levels, instructor training and a 4:1 student to instructor ratio. PeerSense is a commercial capital advisory firm and independent franchise research platform. It introduces franchise buyers to SBA and conventional lenders, but it is not a lender. Its research resources include SBA lending history, a Loan Activity Score of 52, rated Moderate, location maps with Google ratings, FDD financial data and comparison tools.
Loan Activity Score
52/100
SBA Default Rate
0.0%
Active Lenders
14
According to its Franchise Disclosure Document or public business records, Aqua-Tots has 24 locations, all owned by franchisees. Public SBA loan records show 14 lenders made 26 loans to franchisees of Aqua-Tots. PeerSense calculates Aqua-Tots's score as 52 out of 100, using public SBA loan performance and recent lending activity.
Franchising since 1991 · 24 locations
$1.6M to $2.6M
$50,000
24
24 franchised
Proprietary PeerSense metric
ModerateDistinct lenders in public SBA records for Aqua-Tots
26
Total SBA loans
$522K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Aqua-Tots
Loan Activity Score Breakdown
Established (25 to 99 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 7.9% peer avg
SBA Loans
26
Total Volume
$13.6M
Active Lenders
14
2 selective
States
9
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Aqua-Tots based on SBA lending data
SBA Default Rate
0.0%
7.9% below peer avg
SBA Loan Volume
26 loans
Across 14 lenders
Lender Diversity
14 lenders
Avg 1.9 loans per lender
Investment Tier
Premium investment
$1,619,095 to $2,639,314 total
Aqua-Tots: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2018
7 approvals. The best year on record for Aqua-Tots.
Top SBA State
Texas
9 SBA financed Aqua-Tots locations, the densest operator footprint.
Average Loan Size
$888K
Median $1.0M. Use as a sizing anchor when modeling your own Aqua-Tots unit.
Lender Concentration
41.4%
Concentrated
Share of Aqua-Tots approvals captured by the top 3 SBA lenders.
Aqua-Tots's SBA lending pipeline peaked in 2018 (7 approvals). The last five fiscal years account for 69% of cumulative volume ($27M approved). Operator density is highest in Texas with 9 SBA financed locations. Average funded ticket sits at $888K, with the median at $1.0M. Lender mix is concentrated: the top three SBA lenders account for 41.4% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$16,761
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Aqua-Tots, unit breakdown
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Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
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