The Infinite Monkey Theorem, an urban winery in Denver’s River North Art District, will permanently close its doors at the end of 2024.
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After more than 15 years in Denver, the woman-owned-and-operated business will close its taproom at 3200 Larimer Street and cease winemaking operations on Dec. 31, winery officials said in a news release.
“The path of entrepreneurship is often unpredictable and while we’ve had many wins, we’ve also faced tough challenges that led us to where we are now,” Infinite Monkey Theorem President Nicki McTague said in the release. “Unfortunately, the industry has been hit hard and wine sales are drastically decreasing both locally and nationally.”
With only one location and a small staff, there was no way for the company to cut back and redirect, McTague said.
“We’ve explored every option to try to continue our legacy but with the rising costs surrounding rent, inventory, and labor, there is no way for our small business to succeed, despite our best efforts,” McTague said.
Infinite Monkey Theorem’s current inventory will remain on sale at liquor stores, inside the RiNo taproom and online until stock runs out, winery officials said.
Co-founded by Ben Parsons, Infinite Monkey Theorem was one of the first urban wineries and helped pioneer the process of putting wine in a can.
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Source:: The Denver Post – Business
