Fredericksburg, Virginia: 6/7/2016 - Advantage Business Advisors, Inc. (ABA) today announced that it acted as the exclusive mergers and acquisitions advisor in the sale of T.J. Morse, Inc. trading as Hornes Restaurant and Gift Shop, located in Port Royal, Virginia to JLK Enterprise, LLC.
The owners purchased the business twenty five years ago. Advantage Business Advisors, Inc. represented the sellers at the time. The owners are retiring. The business will continue to offer customers the wonderful experience they have received for the last 50 years. The business represents the last remaining Hornes Restaurant and continues operations featuring its iconic bright yellow roof, full service restaurant, specialty gifts, fuel and warm, personal service. The employees will be retained. Price and terms were not disclosed.
“Jeffrey R. Scott, President of Advantage Business Advisors, Inc. guided us as a trusted advisor in making this a totally successfully transaction. We came back to Jeff when the time came to sell the business after 25 successful years because of his outstanding mastery of the total transaction process,” Tommy Morse, president of T.J. Morse, Inc. said. ABA which assists buyers and sellers of businesses, performs business appraisals and develops business owner’s exit plans has served business owners since 1979.
For more information, visit www.advantageba.com