How Peter Cancro Turned One Sandwich Shop into a Billion-Dollar Business

Peter Cancro Started Working in Mike’s Subs in Point Pleasant, N. J. , Just at the Age of Fourteen, the Same Place Where His Brother Used to Work. During His Senior Year, He Eventually Overheard the Conversation of the Owners, Two Brothers Discussing Selling the Business.

The Rise of 'Jersey Mike's Franchise' and Peter Cancro's Net Worth

Peter Cancro Became the Owner of Then Mike's Submarine, a Sandwich Place of the 1,000-Square-Foot Store with 17 Seats at the Age of Just 17. over the Next Decade, He Along with His Former Wife Linda Cancro, Opened a Few More Local Outlets of Mike's Subs, Slowly Building a Loyal Customer Base.

Philanthropy: Peter Cancro Hosts 'Day of Giving' Every March, Donating 100% of Jersey Mike's Subs' Revenue

Peter Cancro Has Always Believed in the Idea of Giving Back Since the Start of His Business in the Year 1974, the Tradition Which He Learned from His Mentor, Bob Hoffman of Hoffman’s Ice Cream. and in 2011, Jersey Mike's Subs Started the Unique Concept of Donating 100% of Its Sales, Not Just the Profits, to Local Charities Every March as Day of Giving.

Peter Cancro Is Now Married to Tatiana Cancro

It Won't Be Wrong to Say Peter Cancro and His Beloved Wife, Tatiana Voevodina Cancro, Are a Match Made in Heaven Considering Their Love to Run Business and Their Commitment to Philanthropy. the Love Birds Tied the Knot in the Year 2014 and Celebrated Their Seventh Year Marriage Anniversary in February 2021.

Urban Rewilding

Peter Cancro’s Net Worth Comes from His Decision to Buy Jersey Mike’s Subs at 17

Elena Rostova Oct 14, 2026 5 min read

Your complete guide to Peter Cancro’s Net Worth Comes from His Decision to Buy Jersey Mike’s Subs at 17, featuring in-depth facts.

Direct Answer • Key Takeaway

Meet the Man Behind the Success of Jersey Mike's Franchise Systems, Inc. , Peter Cancro (B. May 1957). Hailing from Point Pleasant Beach, New Jersey, Cancro Is an American Businessman and Entrepreneur Who Is Best Known as the Founder and the Ceo of Jersey Mike's Subs, an American Submarine Sandwich Chain Headquartered in Manasquan, New Jersey.

Elena Rostova

Lead Health, Wellness & Medical Journalist

Elena Rostova holds a Master's degree in Public Health Journalism. She covers groundbreaking medical research, holistic wellness trends, mental health awareness, and nutritional science.

Peter Cancro’s Net Worth Comes from His Decision to Buy Jersey Mike’s Subs at 17

Elena Rostova

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