Peter Cancro is known primarily as a co-founder of Jersey Mike’s Subs, an American sandwich chain with more than 1,500 locations in the United States.
Quick Facts and Information on Peter Cancro
|Birthday / Birthdate / Date of Birth||15th May 1957|
|Home Town||New Jersey, USA|
|Address||New Jersey, USA|
|Marital Status||Divorced once, Married Twice|
|First Wife||Linda Cancro|
|Net Worth||$400 million|
|Children||Robert Cancro, Paul Cncro, Caroline Cancro,|
|Social Media||Not active|
|Education||Point Pleasant High School|
Peter Cancro Career
In 1971, in Point Pleasant, New Jersey, Peter Cancro was a high school student. At the age of 14, he started to work at Mike’s Subs. Peter loved working at Mike.
He loved real submarine sandwiches. Yet Peter loved to work, interact, and speak to customers behind the counter even more. He liked to know where they came from and their summer holiday.
Peter was proud to know that his loyal customer would order an authentic sandwich when entering the store. As Peter was a high school student, he listened to Mike’s Subs’ owner talking about the sale of the company.
In 1975, Peter Cancro became the fourth owner of Jersey Mike’s Subs, founded on the Jersey Shore in 1956. He’s also the owner who took Jersey Mike’s national when he began his franchise in 1987. Today, there are 1,551 restaurants stretching from Connecticut to Utah, with an astounding 266 of those in California alone.
As Jersey Mike closes at 1600 stores in 47 states, the total profit is $1 billion, with a target of more than $2 billion over two years and 2,000 restaurants by the end of 2020.
Peter Cancro First Wife, Married, Divorce, Children
At just the age of 17, shortly after buying Mike’s, Peter Cancro got married to his first wife Linda. It was Peter’s teenage love with whom he decided to get married immediately after graduating from high school.
He and his wife, at that time, Linda opened more outlets, changing the name to Jersey Mike’s Subs to stress the chain’s origins along the New Jersey shore. The marital union that began in the year 1974 lasted for a couple of decades between Peter Cancro and his first wife Linda Cancro before they got divorced.
The couple has a son and a daughter together named Robert Cancro and Caroline Cancro. Peter Cancro’s son, Robert is the president of the Corporate Store Division. Rob graduated from Colorado State University and got married to Ashley in June of 2015.
The exact reason and the date of Peter and his first wife’s divorce aren’t made public, but they seem to have ended their marriage on good terms.
Who is Peter Cancro’s Wife 2021? Married Life Now
After the first marriage failed, Peter Cancro didn’t stop himself from giving marriage a second chance. So, eventually, Peter ended up getting married again!
Currently, Peter Cancro is married to his second wife Tatiana Voevodina Cancro. The exact date of their marriage isn’t known but Peter Cancro and his wife Tatiana exchanged vows in February 2014.
Peter’s wife, Tatiana is 49 years old now and was born in the year 1971. This means Tatiana was just 3 years old when Peter got married to his first wife Linda. Moreover, Tatiana celebrates her birthday on 17th March every calendar year. Also, not much is known about her education, but she works at Jersey Mike’s Subs.
Like Peter’s, it was a second marriage for his wife Tatiana too. Tatiana was also married to another man, and she shares a grown-up son with her first husband. From their marriage, Peter Cancro and his now-wife, don’t have any kids together!
Peter Cancro Education
Peter graduated from his local high school called Point Pleasant High School. Cancro’s plans to study law at the University of North Carolina were put on hold permanently as he bought Jersey Mike.
Peter Cancro Social Media
As of 2020, Peter is not active on any social media sites. Looks like he does not like to share his personal stuff out in the open.
However, both his first wife and current wife are avid social media users. Both are active on Facebook, and Instagram and often make posts related to their family, children, and husband.
Peter Cancro Net Worth, Income & Earnings 2021
Peter Cancro started his career very early. And now, after nearly 5 decades of hard work and dedication, he is enjoying his life to its best!
Talking about how he turned his fortune from working at Jersey Mike’s to becoming its owner, Peter shared his part of the story.
Back in 1975, everyone was doing things early. I started working at Jersey Mike’s at 14. My brother had a job there before me. They put it up for sale for $125,000, which is like $1 million today.
At that age, you’re not thinking. I’d been class president and had taken some bookkeeping classes. I was supposed to go to law school. But my football coach was a banker. I went to his house on a Sunday night at 9 p.m. and his bank agreed to finance the real estate.
He did what others would have thought was impossible for the boy of his age. But as it is believed, success comes to those, who try, it did for Peter too.
Now, Peter Cancro has a net worth of over 400 million dollars as an American entrepreneur and businessman. He is most famous for being a co-founder of the American submarine sandwich chain Jersey Mike’s Subs, with over 1500 sites in the USA.
Also talking of his income and assets, Cancro and his wife Tatiana own up a four-bedroom unit at 11 East 68th Street for $15.68 million.
Peter Cancro’s income will keep generating for as long as Jersey Mike’s continues its service and it seems to be a long road ahead. $400 Million might just be a milestone that will change in a few years when Peter’s net worth will be valued again.
Peter Cancro Age, Birthday, Family
Born in the year 1957 Peter Cancro is 63 years of age. Peter Cancro turned 63 this year as he celebrated his 63rd birthday on 15th May 2020.
Peter was born and raised in New Jersey, USA, and attended his local high school. At just the age of 17, he bought Jersey’s Mike Sub for $125,000.
In many interviews, Peter Cancro has said that his mother encourages and motivated him to start this business venture. Any further details about his parents are not disclosed. But Peter Cancro has an elder brother who used to work in Mike’s Sub as a part-time job in the 70s before Peter bought it.