Rh-based nanozymes show high catalytic efficiency, specific surface area, good stability, and unique physicochemical properties, while magnetic nanozymes facilitate the magnetic separation of detection samples under an external magnetic field for improved sensitivity. However, magnetic Rh nanozymes, especially those with excellent stability, have not been reported. Herein, we apply the chemical vapor deposition (CVD) method to prepare a CoRh graphitic nanozyme (termed as CoRh@G nanozyme), which structurally consists of CoRh nanoalloy encapsulated by a few layers of graphene for sensitive colorimetric sensing applications. The proposed CoRh@G nanozyme has superior peroxidase (POD)-like activity, and it shows higher affinity of the CoRh@G nanozyme than horseradish peroxidase (HRP) toward 3,3',5,5'-tetramethylbenzydine (TMB) oxidation. In addition, the CoRh@G nanozyme shows high durability and superior recyclability owing to its protective graphitic shell. The outstanding merits of the CoRh@G nanozyme allow its use for quantitative colorimetric detection of dopamine (DA) and ascorbic acid (AA), showing high sensitivity and good selectivity. Moreover, it shows satisfactory performance for AA detection in commercial beverages and energy drinks. The proposed CoRh@G nanozyme-based colorimetric sensing platform shows great promise in point-of-care (POC) visual monitoring.