Disclosed are a pest control composition which comprises extracts of used coffee grounds, yolk oil, and an EM activated solution as active ingredients, and a method for preparing a pest control composition which comprises (A) preparing an extract of coffee grounds by heating coffee grounds in boiling water for 5 minutes or more so that coffee oil is sufficiently extracted in the boiling water; (B) diluting the extract of coffee grounds with water; (C) preparing egg yolk oil by mixing egg yolk and edible oil; and (D) mixing an EM activated solution with the extract of coffee grounds of Operation (A) and the egg yolk oil of Operation (C).