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Clear your calendar: Ikea is having a pretty incredible flash sale. In honor of the opening of its 45th store in the US, the massive furniture company is offering a nationwide one-day sale on Wednesday, October 11.

How exactly is Ikea celebrating the big news, you might ask? With their EKTORP Sofa: a timeless, affordable living room staple that just got a whole lot cheaper. While the three-seat sofa is regularly priced at $350, shoppers can take $100 off their purchase on this special day—both in-store and online. The offer, however, excludes the EKTORP sectional, love seat, armchair, and ottoman. But regardless of whether you’re in the market for a new sofa or not, this one-day sale is such an amazing steal, it would be hard not to take advantage.

Durable, soft, and easy to wash, this classic couch serves as an understated essential that can be styled to your liking. Make a boho-cozy statement with a collection of colorful throws and textured pillows, or keep the couch clean for a strictly minimalist look—whichever way you decide to go about it, you know you’ll most definitely be sprucing up your space.

Also on October 11? In-store shoppers can snag Ikea’s iconic blue FRAKTA bag—for free!

Okay, we know the bag typically only goes for $0.99, but who doesn’t love a convenient freebie? Besides, what else are you going to use to carry all your home goodies in? While only lucky residents in Fishers, Indiana, will get to reap the benefits of Ikea’s newest location on a daily basis, we’re pretty excited that we can get a piece of the action, too.

Shout out to this small town for making our couch dreams come true.