Career mode lets the player have a stand for as long as they want. Lemonade Tycoon includes three game modes Career, Challenge and Champion. The game also required players to make businesses decisions based upon weather, customers, and cost/availability of stock. Lemonade Tycoon has similarities to Lemonade Stand, a computer game originally created for the Minnesota Educational Computing Consortium in 1973 and later ported by Apple Computer for use with its then-new Apple II platform in 1979. The game allows players to transfer game saves from a Windows PC to a Palm handheld or Windows Mobile Professional device and back again to continue.

The packaged version included versions for PC, Mobile Phones, Windows Mobile Professional devices, and Palm devices.

To overcome some factors, such as long lines and stock, players can buy upgrades. The game includes changing weather and news, which the player must compensate for. Players decide on a recipe, set prices, and sell lemonade in a variety of locations. While selling lemonade, players must look over many aspects of their business. Lemonade Tycoon 2: New York Edition is also available on Mac OS X, published by MacPlay. In 2009, Electronic Arts published an iPhone version of Lemonade Tycoon.

The last update (1.1.9) was renamed Lemonade Tycoon Deluxe. The goal of Lemonade Tycoon is to sell lemonade for profit. A free, limited version is available for online play at many sites or the full version with no time restrictions can be purchased online.

Lemonade Tycoon, first released as Lemonade Inc., is a Shockwave-based game.

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