KC SPARKLE LAUNDRY

Reviving a Neighborhood Fixture into a Modern, Profitable Business

Business & Project Description

Introduction

My name is Randy Hodge, and I am an entrepreneur and investor with an Executive MBA and a background spanning real estate, business acquisitions, and financial strategy. I am the founder of 1906 Advisors LLC, a Wyoming-based holding company built to acquire, operate, and grow cash-flowing small businesses across multiple industries. I work alongside my partner, Doug Smith, Ph.D., whose analytical and operational expertise complements the hands-on execution side of our ventures.

Over the past several years, I have focused on identifying overlooked, undercapitalized businesses with strong underlying fundamentals — businesses that generate real, verifiable cash flow but have been held back by outdated branding, inconsistent management, or a lack of strategic investment. KC Sparkle Laundry is the clearest example of that thesis in action.

The Project: From Dugan's to KC Sparkle

KC Sparkle Laundry began its life as Dugan's Coin Laundry, a long-standing laundromat located in the Boardwalk Shopping Center in Kansas City, Missouri. Dugan's had everything a great laundromat needs — a strong, high-traffic location, loyal neighborhood customers, and functioning equipment — but it was operating well below its potential. The branding was dated, operations were inconsistent, and the business had never been managed with a clear growth strategy behind it.

We saw an opportunity where others saw an aging coin laundry. Under 1906 Advisors LLC, we acquired the business, rebranded it as KC Sparkle Laundry, and began a disciplined operational turnaround: refreshed signage and interior presentation, tightened day-to-day management, and a renewed focus on the customer experience that a laundromat depends on to earn repeat, weekly visits.

The results speak for themselves. KC Sparkle Laundry now operates with verified financials and a net operating income margin in the mid-40% range — a level of profitability that rivals far more glamorous investment categories, achieved through a business model that is simple, essential, and resistant to economic downturns.

Why This Business, Why Now

• Recession-Resistant Demand: Laundry is a non-discretionary, weekly necessity for thousands of households — demand does not disappear when the economy slows.
• Proven Cash Flow: KC Sparkle Laundry is not a projection or a concept; it is a verified, currently operating business with strong, documented revenue.
• Fragmented Industry, Real Upside: The laundromat industry remains dominated by independent, undercapitalized operators — exactly the kind of environment where disciplined rebranding and operational improvement create outsized returns.
• A Repeatable Model: KC Sparkle Laundry is the proof of concept for a broader acquisition strategy. The same playbook — identify an undervalued laundromat, rebrand it, professionalize operations — is already being applied to our next acquisition, North Brighton, a larger multi-tenant commercial property.

The Opportunity Ahead

KC Sparkle Laundry represents more than a single successful turnaround — it is the flagship asset in a growing platform. Every dollar of investment strengthens a business that is already generating strong margins today, while positioning investors at the ground floor of a scalable strategy built to acquire and revitalize additional laundromats across the region.

This is a rare combination in today's investment landscape: a tangible, essential, cash-generating business, run by a team that has already proven it can execute, with a clear and repeatable path to growth. We invite you to be part of what KC Sparkle Laundry becomes next.