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Walmart offers the Kebo Futon Sofa Bed in four colors (Red pictured), model no. 3193096, for $99. Opt for free Site-to-Store pickup to avoid the $9.97 shipping fee. That's tied with our August mention (which included free shipping) and is the lowest price we could find by $40. Sales tax is added where applicable. It features a microfiber cover.
Dorel Home Products (3193196) (29986319357), a similar product, is available at these stores