In 1971, Peter Cancro was a high school student in Point Pleasant, New Jersey. He began working at Mike’s Subs at the age of 14. Peter loved working at Mike’s. He loved authentic submarine sandwiches. But even more, Peter loved working behind the counter, interacting and talking with the customers. He liked learning about where they were from and their summer vacation experiences. He took pride in knowing which authentic sub sandwich his loyal customer would order as they entered the store. When Peter was a senior in high school, he overheard the owner of Mike’s Subs discussing selling the business. He thought to himself, “I love the food, I love working in the store, maybe I’ll buy the shop.” Pretty ambitious for a 17 year old kid. Peter approached his football coach and said “Hey coach, Mike’s Sub shop is for sale, and I’m interested in buying it. Can you help me out?” It didn’t hurt that his football coach was also a banker. The football coach came through for Peter, and backed his loan. So, at the tender age of 17 – before he was legally able to slice a sub – Peter Cancro became the owner and proprietor of Mike’s Subs.
Shortly after buying Mike’s, he married his former wife Linda and they opened a couple more local outlets of Mike’s Subs. He expanded upon the phenomenon of Mike’s Subs. Teaching the crew to interact and talk with the customer, to share a passion for getting to know the customer. He spent the next decade building on the cult-like following that Mike’s Subs already enjoyed. They would have customers lined up out the door in the summertime waiting to get the authentic sub sandwiches that Mike’s was famous for.
In the mid-eighties, Peter heard more and more people say, “Peter, we’re going to miss you and your subs this winter. We sure wish you would put a Mike’s where we live!” People would come in at the end of the summer and get several giant subs wrapped for travel, to carry back to their homes across the country. This got Peter thinking, and he started researching the possibilities of franchising the Mike’s concept. In 1987, Peter began franchising. He changed the name from Mike’s Subs to Jersey Mike’s Subs to capture the authenticity of where the authentic sub sandwich was born. Content copied from the official Jersey Mike’s Subs website on their history page. Read the entire article here.
To learn more, visit Jersey Mike’s Business Listing on this website.