Video thumbnail for Jersey Mike’s founder bought the sandwich shop at 17 with a $125,000 loan

Jersey Mike’s founder bought the sandwich shop at 17 with a $125,000 loan

Jul 29, 2026
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Jersey Mike’s founder Pete Cancro took out a six-figure loan to buy a small sandwich shop which would eventually become a franchise giant. At just 17-years-old, Cancro, with the help of his football coach, ditched his college plans to buy the business instead.