This Franchise Disclosure Document ("Disclosure Document") is for a Krispy Kreme Doughnut franchise. Krispy Kreme Stores ("Krispy Kreme Stores" or "Stores") offer and serve a variety of doughnuts, beverages, and other related products and services. Franchises for Krispy Kreme Stores are offered in 4 different Store formats: Factory Stores, Tunnel Oven Shops, Fresh Shops, and Box Shops. Franchises are also offered for Commissary Facilities that produce doughnut products for Tunnel Oven Shops and Fresh Shops.