At 17, he bought a sandwich shop for $125,000—he renamed it Jersey Mike's and just sold it for $8 billion

  • Posted on November 23, 2024
  • By CNBC
  • 1 Views
At 17, he bought a sandwich shop for $125,000—he renamed it Jersey Mike's and just sold it for $8 billion

On Tuesday, Peter Cancro entered an agreement to sell a majority of his company Jersey Mike's Subs to Blackstone for a reported $8 billion.
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