[2] Marble Slab, which began as a single unit operation called Cones & Cream,[3] was founded in Houston by chefs Sigmund Penn and Tom LePage in 1983.

[5] Later that year, Marble Slab was bought by Ronnie Hankamer of Texas, who laid the groundwork for the brand's franchising concept.

Global Franchise Group is now owned by Lion Capital LLP and Serruya Private Equity.

[9] On June 28, 2021, Global Franchise Group announced that it would be acquired by FAT Brands, owners of Fatburger and Johnny Rockets.

The chain serves a variety of other desserts including ice cream cakes, sundaes and milkshakes as well as smoothies.