The Pete behind Jersey Mike’s was only 17 years old when he borrowed $125,000 to buy the chain—with some help from his high school football coach
- Posted on July 26, 2026
- By Fortune
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- 1 min read
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The Pete behind Jersey Mike’s was only 17 years old when he borrowed $125,000 to buy the chain—with some help from his high school football coach
Peter Cancro had worked at the Jersey Shore sub shop since he was 14; the six-figure loan would be worth $775,000 today.
