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Sleepy's, LLC
Business Summary
Sleepy's, LLC is a privately-held mattress stores operator. Sleepy's operates stores across the Eastern United States, including Connecticut, New York, Pennsylvania, Vermont, North Virginia, Rhode Island, and Massachusetts. Founded in 1957, Sleepy's is based in Bethpage, New York.
Overview & Corporate Organization
Basic Information
| Year Founded: | 1957 |
| Fiscal Year End: | 12/31 |
| 1YR Revenue Growth Rate: | View % |
| 3YR Revenue Growth Rate (CAGR): | View % |
| 1YR Employee Growth Rate: | View % |
| 3YR Employee Growth Rate (CAGR): | View % |
| City: | Hicksville |
| State/Province: | New York |
| Country: | United States |
| Phone: | View |
| Website: | www.sleepys.com |
Corporate Organization
| Brands: | Sleepy's Sleepy's, The Mattress Professionals |
| Founders: | Harry Acker |
Industry Information
PrivCo Industries (Sector > Industry > Sub-Industry)
| Retail > Furniture & Furnishings Retail > Bedding & Mattress Retail |
The PrivCo Industry Classification System™ (PICS) is our proprietary, modernized industry classification system, geared especially toward privately-held companies and including newer emerging sub-industries that are not reflected in other outdated industry classification systems, such as SIC and NAICS.
Competitors & Comparables
Competitors
| IKEA Group |
| Mattress Firm, Inc. |
Charts, Financials, and Statistics (Table Format)
Copy & Paste Financials Into Spreadsheet or
| Income Statement | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
| Revenues | View | View | View | View | ||
| Employee Figures | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
| Total Employees | View | View | View | View | ||
| Productivity (Revenue/Employee) | View | View | View | |||
| Location Statistics | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
| Total Locations | View | View | View | View | View | |
| Average Store Size (Square Feet) | View |
| Financial Notes: | |
| * | Sleepy's, LLC fiscal year end: 12/31 |
Charts, Financials, and Statistics (Graphs)
(Copy and paste into spreadsheet or export all Sleepy's, LLC financials to Excel and create your own graphs.)
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Sleepy's, LLC Revenues ($ MM): |
Sleepy's, LLC Total Employees: |
Sleepy's, LLC Productivity (Revenue/Employee) ($): |
Sleepy's, LLC Total Locations: |
Mergers & Acquisitions
| Date | Status | Target | Buyer | Deal Type | Price | |
| Details | Jun. 2007 | Completed | View | View | Acquisition | View |
| Details | Mar. 2009 | Completed | View1 | View | Acquisition | View |
| Details | May. 2010 | Completed | View2 | View | Acquisition | View |
| Details | Nov. 2012 | Completed | View | View | Acquisition | View |
| 1 | Dial-A-Mattress filed for Chapter 11...Read More → |
| 2 | Sleepy's acquired Better Bedding after...Read More → |
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VC/Funding Activity
| Date | Investor | Round | Investor Type | |
| Mar. 2012 | View | Other | Pension Fund | |
| Details | Total Round Other1 View | |||
| Apr. 2012 | View | Recapitalization | Venture Capital | |
| Apr. 2012 | View | Recapitalization | Venture Capital | |
| Apr. 2012 | View | Recapitalization | Investment Banking Firm | |
| Details | Total Round Recapitalization View | |||
| Total of Funding Shown Above View | ||||
| 1 | The investment was...Read More → |
| 2 | $156...Read More → |
| 3 | $30 million...Read More → |
| 4 | Lead-agented...Read More → |
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Detailed Business Description: Sleepy's, LLC
Business Model
Sleepy’s LLC operates a chain of mattress stores along the east coast of the US with over 800 stores in 13 states. Sleepy’s retail stores carry Sealy, Serta, Simmons, Beautyrest, My Side, Tempur-Pedic, and a dozen other brands of mattresses. Sleepy’s also operates a nationwide online store for mattresses through Mattress.com and Sleepys.com. Additionally, 1-800 Mattress sells mattresses through the phone.
Sleepy’s competes with both large and small mattress retailers. Its biggest competitor is the Mattress Firm, which owns over 1,000 stores in 27 states. Sleepy’s focuses on marketing its brand and expanding the number of Sleepy’s locations to reach new markets with a primary focus on the greater New York City area. Sleepy’s looks to acquire store locations with optimal foot traffic in residential regions.
Expansion into e-commerce also allows Sleepy’s to reach a wider national market. This reduces the need to acquire… Continue Reading →
Supplemental Resources
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