Skip navigation
JerseyMikes-ext.jpg
The handshake deal would lead to Cancro building an empire of sandwich stores under the new name Jersey Mike’s Subs.

Jersey Mike’s CEO Peter Cancro finances new stores through special ownership program

The program is geared for managers looking for help in starting their own franchise

In 1975, 17-year-old Peter Cancro bought Mike’s Subs with the financial help of his football coach, Rod Smith, who was also an executive at the local town bank. 

Cancro had worked at the New Jersey sub shop for three years. The handshake deal would lead to Cancro building an empire of sandwich stores under the new name Jersey Mike’s Subs.

Now, as the nation faces an unprecedented pandemic, Cancro is giving back in a big way. He is giving managers and assistant managers in his system the chance of a lifetime to own their own Jersey Mike’s Sub shop.

We recently talked to Cancro, as part of an upcoming Extra Serving podcast. Here’s a Zoom chat excerpt, where Cancro talks about the Coach Rod Smith Ownership program.

Contact Nancy Luna at [email protected] 

Follow her on Twitter: @fastfoodmaven

TAGS: Operations
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish