logo critique

So ive decided to take it upon myself to re-brand a local restaurant i thought was in need for one, so id like you all to help me out with starting by telling me whats poor and what you might like. thanks

The restaurant lies in beautiful downtown Claremont Ca. Its location, which was once a printing press in the 1920's, is now home to a mid-scale restaurant sells pricey wines and entrees, also hosts music, there logo is just clip art, so i thought i might attempt to bring some elegance to there already exsistent upscale demeanor.( the roman numerals also imply printings presses origins)