
BY: Big Joe Henry
Peter Cancro started his meteoric rise to becoming one of the most profitable CEOs in the country at the age of 14. He has become a beacon of success as CEO and Founder of Jersey Mike’s Subs. His hard working and focused journey began at Mikle’s Submarines in Point Pleasant New Jersey when working after school and the summer at Mike’s which was close to Point Pleasant High School.
Mike from Mike’s Submarines had several locations and after being in the business had sold off all but two of the profitable sub shops. In 1975 Peter Cancro’s mom suggested to him that he buy them. At the age of 17 and with the financial help of a football coach that was also a banker, Peter raised $125,000 in three days.
SOURCE: https://nj1015.com