Tank Cycle / Transfer Questions!

[yellowworld]

Hey guys, I have a few questions for you. Im shutting down my tank and I have a person looking to buy everything off me, however his tank is not running. I know that if I sell him my coral and fish they won't survive. I don't have to worry about sand at this moment, it is not in my tank and if he dose add it, it will be slowly to make sure it doesn't create any problems. He is not far from my house only about 15 minutes. My questions are:

1. If he takes all the water I have in my tank (approx. 100g) and puts it into his 100g tank, then starts up the two Brand New Canister Filters he has decided to run, will it cycle or with it simply start to colonize the filter media?

2. If it doesn't have a cycle, should the tank be ready for livestock, given that the equipment is similar to my tank? ie. lighting, flow rates...

3. Lastly, would any of you attempt this or have any advice on the transfer to minimize the chances of anything happening?