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Billionaire Jersey Mike's CEO still gets behind the counter to slice deli meat like he did at age 14: I do it 'every time I’m in a store'Five decades ago, Peter Cancro was your average 14-year-old wrapping sandwiches after school at his local eatery, Mike's Subs. Today, he's the billionaire CEO of Jersey Mike's Subs — but he ...
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Jersey Mike’s CEO is now worth almost as much as Mark Cuban after agreeing to sell his sandwich chain to Blackstone in a deal worth $8 billionJersey Mike’s CEO Peter Cancro has entered the club supreme—the billionaire’s club, that is. The sub sandwich chain and buyout firm Blackstone are nearing a deal valuing Jersey Mike’s at ...
Jersey Mike's will open next week just outside Honesdale. The sub shop's hours will be 10 a.m. to 9 p.m. daily.
As founder and chief executive officer of Jersey Mike’s Subs, Cancro has transformed the Manasquan-based brand from a single sandwich shop in Point Pleasant into a sub powerhouse. In addition to ...
Also, private equity giant Blackstone announced it would acquire a majority ownership position in Jersey Mike’s, the fast-growing sub shop purchased by Peter Cancro in 1975. Terms of the deal ...
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In 1975, an employee of the shop, Peter Cancro, bought the shop at age 17. Cancro developed the brand as a successful chain, and is still the chief executive officer. There are 3,036 shops ...
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