Ultra-light jets were all the craze a decade ago, and never took off: they were too fuel inefficient. Propellers do a much better job at converting fuel chemical energy into thrust that propels the aeroplane forward, than jets do.
Aerodynamic thrust can be written as $T = \dot{m} \cdot \Delta V$, with $\dot{m}$ the mass stream of air in kg/s and $\Delta V$ the speed increase of the propelled air mass in m/s. To get the highest propulsive efficiency, accelerate the largest amount of air to the smallest $\Delta V$. Propellers have a much higher effective disk area than pure jet engines do, and deliver way more thrust per installed engine power than pure jets do.
The turbofan is much more fuel efficient than a pure jet because the large bypass fan works kind of like a propeller does. However, the turbofan is still less efficient than a turboprop, simply because of the larger blade radius.
The issue of piston engine vs turbine engine for general aviation is a separate one altogether. Piston engines are heavier but have better fuel economy. Weight-wise they scale up very poorly, while this is where the turbines fully come into their own: nothing beats a large turbine in power/weight ratio. Smaller turbines are not very efficient due to lower pressure ratios from blade/shroud gaps.