This convertible chair sleeper is regularly $299, on sale now at Target for $117

Whether you’re getting ready for dorm living or just looking for additional seating options, Target has a great option for you.

And best of all, it’s on sale.

Costway’s Convertible Fold Down Chair Clip Out Lounger Sleeper Bed Couch in gray is on  sale for $117.99. That’s a savings of 61% off the regular price of $299.99. The couch isn’t available instores but you can order online and get it shipped free with your Target Circle Card.

The convertible flip chair is great for a small living space, such as an apartment, dorm or living room. It can be folded as a comfortable couch and then converted to a thick mattress bed. You can even make it into a chaise lounge by keeping the headrest up.

Made of a high-resilience sponge filling and suede fabric cover, the sleeper bed couch is extremely comfortable. Its steel frame makes it durable and sturdy, too.

Target has some more Costway furniture on sale as well. Here are some of the best finds:

Costway Floor Cabinet Multifunction Bathroom Storage Organizer Rack with 2 Drawers – $71.99, regularly $189.99

3 Tier Rolling Cart W/Wheels Practical Handle  and ABS Storage Basket Organizer White – $50.99, regularly $129.99

Costway 5-Cube Kids Bookshelf and Toy Organizer Wooden Storage Bookcase with Wood Legs Natural/White – $79.99, regularly $249.99

Costway 4-Tier Bamboo Ladder Shelf Plant Display Stand Rack Bookshelf Dark Brown – $46.99, regularly $169.99

Costway 5-Drawer Dresser Storage 4-Tier Organizer Tower Steel Frame Wooden Top – $76.99, regularly $149.99