Kmart has the Jaclyn Smith Sleeper Sofa for $200 - 10% off with coupon code KMART10PSAVINGS = $180 with free in-store pickup only. Normally $350. Measures 35" x 35" x 36" and has good user reviews.
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I'd like to sleep on Jaclyn Smith!
So would I, but only in the hot tub time machine.