Only One Thing Bagel Sells $80 Billion Jackpot
- SEOUL — El BM, the company behind the popular South Korean bakery chain London Bagel Museum, has reported impressive financial results for the past year.
- The figures represent a considerable increase in both sales and operating profit, with sales up by 120.9% and operating profit increasing by 91.7% year-over-year.
- Food and beverage companies typically see operating profit margins in the 5-10% range.London Bagel Museum's operating margin exceeds 30%, surpassing even established bakeries like Sacred Heart in Daejeon,...
london Bagel Museum Posts Strong Sales, High Profit Margin
Published: April 10, 2025, 1:37 PM
Updated: April 10, 2025, 1:47 PM
Bakery Chain’s Operating Margin Exceeds 30%
SEOUL — El BM, the company behind the popular South Korean bakery chain London Bagel Museum, has reported impressive financial results for the past year. According to a recent filing with the Financial Supervisory Service, the company’s sales reached ₩79.6 billion, with an operating profit of ₩23.4 billion.

The figures represent a considerable increase in both sales and operating profit, with sales up by 120.9% and operating profit increasing by 91.7% year-over-year.
The company’s profitability is notably noteworthy. Food and beverage companies typically see operating profit margins in the 5-10% range.London Bagel Museum’s operating margin exceeds 30%, surpassing even established bakeries like Sacred Heart in Daejeon, which boasts a 25% operating profit margin.
London Bagel Museum specializes in bagels. As opening its first location in Anguk-dong,Jongno-gu,Seoul,in September 2021,the chain has expanded to six stores.
Key shareholders in El BM include Lee Sang-yeop,the initial investor with a 46% stake; Kim Dong-joon with 29%; and CEO Kang Kwan-gu,holding a 10% stake.The company’s CBO, known as the founder, possesses a 15% stake.
Industry sources suggest that the London Bagel Museum was seeking a corporate valuation of ₩300 billion earlier this year. however, a company representative stated that thay are currently focused on “making new investments for overseas expansion.”
London Bagel Museum: A Deep Dive into it’s Financial Success
Are you curious about the London Bagel Museum’s impressive financial performance? Let’s break down the numbers adn explore what makes this bakery chain a standout success.
What are the key financial highlights of the London Bagel Museum?
The London Bagel Museum, operated by the company El BM, has reported strong financial results. Sales reached ₩79.6 billion, with an operating profit of ₩23.4 billion.
What is the London Bagel Museum’s operating profit margin?
the bakery chain’s operating profit margin is over 30%. This is a remarkable figure, especially when compared to the typical 5-10% range for food and beverage companies.
How does the London Bagel Museum’s profit margin compare to other bakeries?
The London Bagel Museum’s operating margin considerably surpasses those of other established bakeries.For instance, the Sacred Heart bakery in Daejeon has a 25% operating profit margin, which is still lower than the london Bagel Museum’s.
How much have the London Bagel Museum’s sales and profits increased year-over-year?
The London Bagel Museum has seen significant growth. sales are up by 120.9%, and operating profit has increased by 91.7% year-over-year.
What kind of bagels does London Bagel Museum sell, and how manny locations does it have?
The London Bagel Museum specializes in bagels. The chain opened its first location in Anguk-dong, Jongno-gu, Seoul, in September 2021 and has as expanded to six stores.
Who are the key shareholders in El BM, the company behind the London Bagel Museum?
The major shareholders in El BM are:
Lee Sang-yeop: 46% stake
Kim Dong-joon: 29% stake
Kang Kwan-gu (CEO): 10% stake
The Founder/CBO: 15% stake
What was the London Bagel Museum’s valuation earlier this year?
Industry sources indicated that the London Bagel Museum was seeking a corporate valuation of ₩300 billion earlier this year.
Is the London Bagel Museum planning any further development?
A company representative stated that the focus currently is on “making new investments for overseas expansion.”
Summary of London Bagel Museum Financials
Here’s a rapid overview of the key financial metrics:
| Metric | Value |
|---|---|
| Sales | ₩79.6 billion |
| Operating Profit | ₩23.4 billion |
| Operating Profit margin | Over 30% |
| Year-over-Year Sales Growth | 120.9% |
| Year-over-Year Operating Profit Growth | 91.7% |
