"The suspect allegedly stuck a black handgun to the boy's stomach, demanded money and fled the scene on foot", the office stated.
Detectives later found a trail in the woods, where they recovered the hat, a BB gun they believe was used in the crime, and a metal box where the boy had kept his earnings.
Authorities believe the teen left a bicycle and walked to the lemonade stand before the robbery.
Within hours, he had raised over $250 for his landscaping business.
"I've never heard of a lemonade stand robbery", said Tony Underwood, Union County Sheriff's Office chief communications officer.More news: Hector Remains Strong Category 3 Hurricane
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"That one takes it to a new level".
"He's always so happy", neighbor Amber Huyck said.
His father said he won't let this stop his son's dreams. The money will go toward the purchase of a riding lawnmower. "His eyebrows shot up into his forehead, and he was very excited". "We kinda explained it to him that bad things do happen to good people and you never know when it's going to happen to you". Sunday afternoon, the whole family was back outside selling lemonade again.
Citizens with information concerning the criminal activity are encouraged to call Union County Sheriff's Office at 704-283-3789 or Union County Crimestoppers at 704-283-5600.