Sam’s Club, the mattress company known for its mattresses made by Sams and other brands, is on the market for a deal worth $3 million to $5 million.
According to a listing on Ebay, Sams will pay $3.5 million for the brand new mattress from a buyer known as the “Sam’s Club Brand” or SBC.
That price is based on the brand’s current market share of about 17 percent, which is higher than most of its competitors, according to Mattress Brand Index.
The listing also states that the deal is “a high-end product, with a brand-name price of $5.5 to $7.5m.”
Sams’ current stock price is $3,500 per share.
According, the deal also includes “the ability to make a $2 million investment and a $1 million bonus on completion of the transaction.”
Sam’s is known for having its own mattress business that sells exclusively to its customers.
The company’s mattress business is valued at $8 billion and was once the largest mattress retailer in the world.