Overview
Iconic Ballroom and Concert Venue
This successful and profitable ballroom and concert venue, including the real estate, opened in 1918 as a natatorium and was later restored as the Rainbow Ballroom in 1924. The iconic building, situated on Broadway Street, serves as a landmark within a unique music and entertainment district. The Rainbow Ballroom, an 18,750 square-foot entertainment building, is located on 0.43 acres and features two levels. The lower level includes a 20'x32' stage that's 5' high, a maple dance floor accommodating 600-800 people, a ballroom VIP area with 14 tables, an additional VIP table area for 64 people, a kitchen sitting area, a remodeled large bar, a soft drink sales station, and a large kitchen equipped with a 5-year-old Ansul system, a 6-burner stove, a flat top, two ovens, two preparation tables, two ice cream freezers, a walk-in freezer, two 3-door beer fridges, a keg cooler, and an ice machine. There are also two remodeled women's restrooms, one men's restroom, a private restroom for workers and musicians, and an extra area for band members. The second floor features two additional rooms, a restroom with a shower, and a large balcony for the DJ. The building is equipped with fire sprinklers throughout. This turn-key, fully operational business includes two separate parking lots with 100 parking stalls totaling approximately 0.794 acres, a business website, domain, a Type 47 liquor license, tables, chairs, bar and kitchen equipment, and all office equipment. It is centrally located in the fastest-growing region in California, serving cities such as Fresno, Clovis, Madera, Visalia, and others. The Rainbow Ballroom has been a premier location for live musicians and also hosts other events including quinceaneras, weddings, MMA fighting, filming, and charity drives.
