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.