As we are getting many quality answers, here is the most optimized code. Fastest, I bet :)
It wont work if you are using one of the ancient versions of excel. anything 2007+ is fine.
Sub OptimizedFOO()
Dim rngTemp
With Application.FindFormat.Interior
.Color = vbRed
End With
'/ Sheet1 is example sheet name
Set rngTemp = Sheet1.Columns(2).Find(What:="", SearchFormat:=True)
If Not rngTemp Is Nothing Then
MsgBox ("There is an issue with column B, please review.")
End If
End Sub
Old answer
Sub FOO()
Dim answer As Range
Dim cell As Range
'/ This will show message if at least one cell is found with red color
Set answer = Range("b:b")
For Each cell In answer.Cells
If answer.Interior.Color = vbRed Then
MsgBox ("There is an issue with column B, please review.")
Exit For
End If
Next
End Sub