What is the role of FAT Brands GFG Royalty I, LLC in relation to Marble Slab Creamery?
Marble_Slab_Creamery Franchise · 2025 FDDAnswer from 2025 FDD Document
On July 22, 2021, FAT Brands, Inc., a Delaware corporation ("FAT" or "FAT Brands"), acquired all outstanding shares of the capital stock of our prior owner and ultimate parent-company, LS GFG Holdings Inc. (the "Transaction"). In connection with the Transaction, on July 22, 2021, Marble Slab Brands was contributed to a financing subsidiary of FAT, FAT Brands GFG Royalty I, LLC, a Delaware limited liability company organized on June 9, 2021 ("FAT Royalty"). FAT and FAT Royalty are all located at 9720 Wilshire Blvd., Suite 500, Beverly Hills, California 90212.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 10–16)
What This Means (2025 FDD)
According to the 2025 Marble Slab Creamery Franchise Disclosure Document, FAT Brands GFG Royalty I, LLC ("FAT Royalty") is a financing subsidiary of FAT Brands, Inc. On July 22, 2021, Marble Slab Brands was contributed to FAT Royalty. FAT Royalty was organized on June 9, 2021. Both FAT Brands and FAT Royalty share the same address.
FAT Brands acquired all outstanding shares of the capital stock of LS GFG Holdings Inc., the prior owner and ultimate parent company of Marble Slab Creamery, on July 22, 2021. This transaction led to Marble Slab Brands being contributed to FAT Royalty, establishing FAT Royalty as a financing subsidiary within the FAT Brands structure.
In simpler terms, FAT Brands GFG Royalty I, LLC is a financial entity within the FAT Brands structure that holds Marble Slab Brands. This type of structure is common in franchising, where a parent company creates subsidiaries to manage different aspects of the business, such as intellectual property, financing, or franchise operations. For a prospective franchisee, this means that while they contract with Marble Slab Franchising, LLC, the financial backing and overall strategic decisions may be influenced by FAT Brands and its subsidiaries like FAT Royalty.