Peter Cancro, CEO of Jersey Mike’s Subs, is seen on stage during the 26th Annual Best Buddies Miami Gala Honoring Global Ambassador Guy Fieri at Ice Palace Studios on November 16, 2024 in Miami, Florida.
News 14 mins ago

At 17, he bought a sandwich shop for $125,000—he renamed it Jersey Mike's and just sold it for $8 billion

On Tuesday, Peter Cancro entered an agreement to sell a majority of his company Jersey Mike’s Subs to Blackstone for a reported $8 billion.

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