This concept keeps in mind the wide audience that you cater to. It is simple and elegant, which I think is exactly what a restaurant should have for a logo. Something that is easy to read and easily recognizable. The framing flourishes elicit a feeling of a place that has a history while the typography has a modern touch with the combination of a serif and script typeface. This can easily be applied to a very earthy color palate or done up in black/white/grey to really dress it up.
(This comment references Entry
#1)