What company owns Jersey Mike’s subs?
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. Today, Peter Cancro is CEO of Jersey Mike’s Franchise Systems Inc., overseeing more than 2,000 locations open and under development.
Is Jersey Mike’s stock publicly traded?
Mar 15, 2018 · Below, the 61-year-old founder, who’s celebrating his 43rd consecutive year as CEO of Jersey Mike’s Franchise Systems, Inc., reflects on the four decades at the helm of Jersey Mike’s and shares what he’s learned as an entrepreneur and CEO. Peter Cancro’s 5 Key Lessons From Managing a Billion Dollar Franchise Corporation for 43 Years. 1.
How many Jersey Mike’s locations will there be in 5 years?
Oct 12, 2016 · Whenever you walk into a Jersey Mike’s sub shop in Long Beach, you’re walking into one man’s proof of the American dream. Franchisee Alvaro Garcia, 44, owns all four Jersey Mike’s fast-casual sandwich restaurants in Long Beach, representing only a handful of the 40 locations he operates throughout Southern California and the Central Valley. His success didn’t …
Why did Mike’s change the name to Jersey Mike’s?
At Jersey Mike’s, we offer a sub above – one that’s measured in more than inches or seconds ‘til served. We carefully consider every aspect of what we do – every slice, every sandwich, every store – we provide our customers with sustenance and substance too. Here’s how we do it: Red wine vinegar and an olive oil blend.
What company owns Jersey Mike’s?
Who is the owner and CEO of Jersey Mike’s?
Who is the owner of Mike’s?
How much is the founder of Jersey Mike’s worth?
Who is Peter Cancro married to?
Where is Peter Cancro from?
When he was a senior in high school, he heard that the Point Pleasant, N.J., shop was for sale. The enterprising teenager talked to his football coach, who also happened to be a banker, and secured a $125,000 loan from him.
Jan 27, 2022
Where is the original Jersey Mike’s?
Who is the owner of Mike’s Hard lemonade?
When was Peter Cancro born?
Where does Jersey Mike’s meat come from?
How much does it cost to open a Jersey Mike’s franchise?
How much did Jersey Mike’s pay for the RAC?
Who owns Mike’s Subs?
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.
Where was Mike’s Subs located?
Mike opened the small shop in the sea-side town of Point Pleasant, New Jersey. You have to remember that in 1956, there were very few franchise restaurants or hamburger chains.
When did Mike’s Subs start?
It started back in 1956, in this actual storefront location and was originally called Mike’s Subs. Mike opened the small shop in the sea-side town of Point Pleasant, New Jersey. You have to remember that in 1956, there were very few franchise restaurants or hamburger chains. No chain pizza, chicken or taco restaurants, either.
When did Mike’s Subs change their name?
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.
Where is Mike’s Submarine sandwich located?
Mike also benefited from the geographic location of his store. Point Pleasant, New Jersey is centrally located in the state on the legendary Jersey Shore.
Is there a chain pizza in 1956?
No chain pizza, chicken or taco restaurants, either. In 1956, proprietors of mom-and-pop businesses would open their stores in basic storefront locations like you see here. To survive and thrive, they had to offer exceptional quality products, coupled with unparalleled service.
How much did Jersey Mike’s CEO make?
How Jersey Mike’s CEO Turned $125,000 Into $1 Billion. Peter Cancro started slicing fresh meat and cheese in a local mom-and-pop sandwich shop in Point Pleasant, New Jersey when he was 14 years old. Cancro wasn’t a wealthy student. He played football, lifeguarded in the summers, and enjoyed working with a team making sub sandwiches at Mike’s Subs, …
What is Jersey Mike’s Day of Giving?
Every year, on the last Wednesday of March, Jersey Mike’s hosts a “Day of Giving” during which the brand donates 100% of its sales to local charities. At the end of the day, around $5-$7 million will go to nonprofits, kids in school, and hospital initiatives across the country.
Who owns Jersey Mike’s?
MANKATO — Chris Kunst was working for the local owners of the Jersey Mike’s locations even before the stores opened in 2011. Now he and his wife, Chantal Heetland, own them. “This was always my goal, to get into restaurant ownership,” Kunst said.
Who owns Jersey Mike’s Sub Shops?
Feb 28, 2018. Chris Kunst has managed operations at the two Jersey Mike’s locations since they opened in 2011 and he, along with his wife, Chantal Heetland, now own the sub shops, with Mike Nolan continuing as part owner. Photo by Jackson Forderer. Jackson Forderer.
Who owns Jersey Mike’s Subs?
Peter Cancro is the owner and CEO of Jersey Mike’s. He started working at the original Jersey Mike’s in 1971 when he was 14 years old. At the time, it was called Mike’s Subs and operated out of a single location in Point Pleasant, New Jersey.
Can you buy Jersey Mike stock?
Since the company is private, you cannot purchase Jersey Mike’s stock. The company does not have a stock price or a stock symbol.
Where is Mike’s Subs located?
At the time, it was called Mike’s Subs and operated out of a single location in Point Pleasant, New Jersey. When Cancro was 17 in 1975, the owners of Mike’s Subs were considering selling the shop. He went to his football coach who was also a banker and discussed the possibility of getting a loan to purchase the business.
Is the subway a private company?
Approximately 57% of the locations are in the United States. 2019 revenue was over $10 billion. Subway is a private corporation. Firehouse Subs – This private business was founded by Chris and Robin Sorensen, brothers and former firefighters. The first location opened in 1994 in Jacksonville, Florida.
Which Wich is owned by Inspire?
It now has over 450 locations in 39 states and 11 countries. It is a private company with 2018 estimated U.S. sales of over $200 million. Jimmy John’s – Jimmy John’s was acquired by the private company Inspire Brands in 2019.
Who owns Jimmy John’s?
Jimmy John’s – Jimmy John’s was acquired by the private company Inspire Brands in 2019. Inspire owns other popular restaurant chains such as Sonic, Arby’s, and Buffalo Wild Wings. The company had 2,754 locations as of October 2020. D’Ambrosio, Daniel.
How much did Cancro buy in 1975?
Amazingly, his coach agreed to the loan and Cancro made the purchase for $125,000. Keep in mind that $125,000 in 1975 is well over $600,000 in today’s dollars when you factor in inflation.
Does Jersey Mike have a charity?
But that’s not the end of Jersey Mike’s work with charity. The company has also worked with veterans’ charities in the past. In 2017, for example, Jersey Mike’s provided funding and support to K9s for Warriors, a charity which provides service dogs to military veterans suffering from post-traumatic stress disorder, traumatic brain injuries, and military sexual trauma. One vet who benefited from the program was Richard Baca, who suffers from PTSD and was assigned a service dog named Jersey (naturally). Baca completed a three-week course with K9s for Warriors, during which he received 120 hours of instruction on reintegration into society.
What is the secret menu at Jersey Mike’s?
In a 2018 Reddit post, an ex-employee of the chain detailed some of the restaurant’s secret menu items. One of these is the “99,” a Philly cheesesteak with onions, peppers, mushrooms and jalapeño, with four slices of cheese (either American or pepper jack) with a chipotle mayo sauce.
Is Jersey Mike’s food healthy?
Although the word “fast” in “fast food” is practically synonymous with the word “unhealthy,” it might prove some relief to find that much of Jersey Mike’s food is actually pretty good for you — as far as casual dining goes, at least.
Is Jersey Mike’s chicken cheesesteak healthy?
Certain items on the Jersey Mike’s menu, however, are anything but healthy. In particular, a 2016 survey found that the restaurant’s Buffalo chicken cheesesteak was given the third-worst mark among sandwich chain items, earning a D-minus score.
What is Mike’s way?
Mike’s Way means making a sandwich with onions, lettuce, tomatoes, spices, and a blend of olive oil and red wine vinegar that the restaurant calls ” The Juice .” The main filling, however, is up to the customer — whether that’s roast beef, turkey, tuna, cheese steak, or anything else. According to Matt Chmiel, the company’s marketing manager, a sub made ” Mike’s Way ” is Jersey Mike’s most popular product, and is what the store has been famous for ever since its foundation.
When did Peter Cancro join Mike’s Subs?
Fast forward to 1971 , when Peter Cancro joined the Mike’s Subs team at just 14 years of age. He thrived in the sub business, and a few years later in 1975, when he heard the owners discussing the sale of the business, he approached his football coach and asked for a loan of $150,000 to help him buy the shop.