Abstract: A folding bed apparatus having a novel moving pivot that enables the bed to be moved effortlessly from a generally horizontal operational position to a generally vertical stowed position within an attractive enclosure and also to be pulled away from the enclosure for sleeping and to permit free access to the mattress. A novel safety locking mechanism is provided to maintain the bed in the generally horizontal position when it is pulled outwardly from the storage enclosure. When the bed is in the stowed position, a comfortable seating bench is provided to accommodate one or more persons.