He started the business in 1975 when he was only 17 years old and has since grown it into a multi-million dollar business. He has not disclosed his salary but it is estimated to be in the millions.
Peter Cancro is an American entrepreneur and businessman who has achieved great success with his co-founded business, Jersey Mike's Subs. Starting the business in 1975 at the age of 17, he has grown it into a multi-million dollar business with nearly 1,300 locations in the United States. His net worth is estimated to be $300 million, and his salary is thought to be in the millions.
Peter Cancro is a member of CEOs
Age, Biography and Wiki
💰 Net worth: $300 Million (2024)
Peter Cancro's net worth is anticipated to reach an impressive $300 million by 2024. As one of the esteemed CEOs in America, Cancro has amassed substantial wealth through his exceptional entrepreneurial skills and dedication. He is widely recognized for his role in founding and leading the iconic fast-food chain Jersey Mike's Subs, which has earned immense popularity and success across the United States. With his visionary leadership, Cancro has transformed the company into a thriving business, contributing significantly to his remarkable net worth.
Peter Cancro net worth and salary: Peter Cancro is an American entrepreneur and businessman who has a net worth of $300 million. Peter Cancro is best known for being a co-founder of Jersey Mike's Subs which is an American submarine sandwich chain with nearly 1,300 locations in the United States. Cancro is from Point Pleasant Beach, New Jersey and worked at Mike's Submarines at 14 years old. The shop was put up for sale and Peter's mother suggested that he buy it. He got help from Mike Geissler to purchase the first shop in the chain. Peter Cancro serves as the CEO of the company and began franchising in 1987. Peter Cancro started with a $125 thousand investment. Today his company does $2 billion in annual revenue. He prides himself on giving back and each March Jersey Mike's hosts their "Day of Giving" and donates 100% of sales to local charities with about $5 to $7 million being donated each year.