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In 1971, at age 14, Peter Cancro of Point Pleasant Beach, New Jersey, took a part-time job at Mike's Submarines, a neighborhood sandwich shop in the adjacent borough of Point Pleasant, at 1009 Trenton Avenue. The eatery, founded in 1956, was only a few blocks west of Point Pleasant Beach High School, and then on its third owner. In 1971, Peter Cancro was a high school student in Point Pleasant, New Jersey. He began working at Mike's Subs at the age of 14. Peter loved working at Mike's. He loved authentic submarine sandwiches. But even more, Peter loved working behind the counter, interacting and talking with the customers.

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How I got started: Jersey Mike's founder Peter Cancro | Fortune Magazine · How I Got Started How the founder of Jersey Mike's turned one sandwich shop into a billion-dollar business BY Dinah. Peter Cancro became the the fourth owner in 1975 of Jersey Mike's Subs, founded in 1956 on the Jersey Shore. He is also the owner who took Jersey Mike's national when he began franchising in. Jersey Mike's CEO Peter Cancro. Courtesy Company Peter Cancro started slicing fresh meat and cheese in a local mom-and-pop sandwich shop in Point Pleasant, New Jersey when he was 14 years. Peter Cancro's 5 Key Lessons From Managing a Billion Dollar Franchise Corporation for 43 Years 1. The differentiator between a successful franchise owner and an unsuccessful one is energy. "You can line up 15 people in a room, I'd look at the group and I'd say that one and that one," said Cancro.

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Peter Cancro became the owner of a mom-and-pop deli, while still living with his mom. This is the origin story of Jersey Mike's Subs, told and retold in media and marketing. Often, the story. Peter Cancro is CEO/Founder at Jersey Mike's Franchise Systems Inc. See Peter Cancro's compensation, career history, education, & memberships. Today: Jersey Mike's CEO Peter Cancro Peter Cancro, who bought what has since become the thriving Jersey Mike's Subs chain when he was just 17, has found himself in a bit of a pickle due to the brand's recent success. Some of his 550 franchisees would like to own more Jersey Mike's locations. But they're geographically maxxed out in certain areas. Football has played a major role in the life of Peter Cancro, founder and chief executive of Jersey Mike's Subs, based in Manasquan, N.J. From Pop Warner leagues to playing for his high school team, the sport and the coaches he encountered taught him valuable lessons about teamwork and leadership — and helped him pursue his entrepreneurial dreams.

For Peter Cancro, doing good is the secret to fueling Jersey Mike’s growth

Peter Cancro of Jersey Mike's Subs is known for turning cashiers, waiters, and busboys into successful executives. By Marcel Schwantes, Inc. contributing editor and founder, Leadership From. NEPTUNE - Jersey Mike's founder Peter Cancro and his wife Tatiana have given a $10 million gift to the Hackensack Meridian Health Foundation. "Philanthropy has been a part of my life and a. Biography. Peter Cancro (born 15 May 1957) is popularly recognized as the CEO of America Submarine Sandwich Chain Jersey Mike's Subs or Jersey Mike Franchise System Inc.. The Company's chain is located in about 2000 locations in the United States, but it hasn't been easy. He is well into his 60s, and he's regarded as one of America's top businessmen. Fast forward to 1971, when Peter Cancro joined the Mike's Subs team at just 14 years of age. He thrived in the sub business, and a few years later in 1975, when he heard the owners discussing the sale of the business, he approached his football coach and asked for a loan of $150,000 to help him buy the shop. Surprisingly, his coach agreed.

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Peter Cancro, the CEO and founder of Jersey Mike's Subs, is truly a home town guy. He grew up playing football at Point Pleasant Beach High School. He also spent his time during summers at the Jersey Shore. Point Pleasant swelled with tourists during the summer season. So Cancro decided he would follow his brother's lead and decided to work. Peter Cancro is an American Businessman and the Chief Executive Officer (CEO) of America Submarine Sandwich Chain Jersey Mike's Subs or Jersey Mike Franchise System Inc. He was born on the 15th of May 1957 in the United States of America. Currently, Jersey Mike's Subs have more than 1,500 locations in the United States.