LFTD Partners Inc. has completed the sale of its former headquarters building in Kenosha, Wisconsin, and used the proceeds to fully repay outstanding bank debt. The transaction, finalized on September 29, 2026, involved the sale of the 5511 Building located at 5511 95th Avenue.
The building was sold to Ad Real Estate Group LLC for a cash purchase price of $1,500,000. The property was previously purchased by Lifted Made, a wholly owned subsidiary of LFTD Partners, on December 14, 2023, for $1,375,000. The building measures approximately 11,238 square feet and had served as Lifted Made’s principal operations facility.
Out of the sale proceeds, $841,109.63 was applied to pay off the remaining balance of a loan taken out by Lifted Made and LFTD Partners. The loan, issued by Surety Bank of DeLand, Florida, had a principal balance of $910,000 and accrued interest. The payoff amount included the outstanding principal, accrued interest, and a prepayment penalty of $9,100. Following this repayment, the Company has no remaining bank debt outstanding.
After accounting for the loan payoff, brokerage commissions, transfer taxes, and other closing costs, the net cash proceeds to Lifted Made were approximately $592,485.36. The Company intends to use the remaining net proceeds for working capital and general corporate purposes.
In conjunction with the sale, Lifted Made has consolidated its operations into its existing leased facilities in Kenosha, which total 41,025 square feet. The Company has not yet determined the accounting treatment or the financial statement impact of the sale, including whether it will result in a net gain or loss. The financial effects will be reflected in the Company’s financial statements for the quarter ended September 30, 2026.
LFTD Partners Inc. also reported that following the sale and debt repayment, the Company held more than $2.4 million in cash on hand as of September 30, 2026.
