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Asked by: Shufen Furnish
personal finance frugal livingHow much did Mattress Firm pay for Sleepys?
In this way, how much commission do Mattress Firm employees make?
To bottom line is - if you take all the business down you will average about 7% commission on your combined sales. Some deals can pay as much as 10% - 12%, but those are few and far between. Most deals pay between 4% - 6%, with some paying less than 1%. The average associate sells about $35K - $45K a month.
Also Know, how much did Sleepy's sell for?
The ubiquitous New York mattress chain Sleepy's is putting to rest the sales and merger rumors — by selling out. Mattress Firm, the largest mattress specialty retailer, announced Monday it was acquiring Hicksville-based Sleepy's and its 1,050 stores for $780 million.
Mattress Firm Holding Corp. Inc. has acquired competitor Sleepy's from its corporate owner, HMK Mattress Holdings LLC for a reported $780 million. The acquisition gives Houston-based Mattress Firm more than 3,500 stores nationwide. You can learn more and find locations at www.mattressfirm.com.