Bring the purchase agreement with its exclusion schedule, the lease and any equipment annex, and an inventory of what stays on site. Add supplier and customer contracts being assigned, licences requiring transfer, and payroll records. Together they show the buyer receives a functioning operation rather than a name and a customer list.
Cross-reference the exclusion list against the lease
Read the two documents side by side and mark each excluded item as either supplied by the landlord, replaced by the buyer, or not needed. Where the buyer must purchase replacements, add quotations to the cost picture, because those amounts belong in the total investment discussion. Note who insures the fixtures and who pays for repairs.
Contradictions between the agreement and the lease are easier to fix before signing than to explain afterwards. Record the date on which each document reached its final form, and keep any draft that circulated in the meantime. Where a replacement quotation is more than a few months old, obtain a current one, since a stale figure understates the total the investor must actually commit.
Ask when each licence transfer application was filed and what timetable the authority states; a licence that cannot transfer before handover changes what the business may lawfully do on its first day. Note also the date the staff list was drawn, because a payroll record produced before the sale describes the seller's workforce rather than the buyer's.