Basics have been covered pretty well.
Do not sell the party ammo for the weapon at the same time unless they are known to you!
You need to do a bit of CYA Dawn, especially given the atmosphere these days.
Take a couple of reasonable measures to ensure that the buyer is on the up and up.
As far as taking reasonable means to ensure you are not selling to a "Prohibited Person", this is where a bill of sale comes into play. A simple statement on it such as "I hereby certify that ________________ is lawfully qualified to purchase and posess a firearm and does not meet ANY of the criteria of a "Prohibited Person" as defined by BATF regulations.
Have them sign and date this statement. If it goes to court you have taken "Reasonable Means" to ensure that the purchaser is lawfully able to purchase/possess said firearm. If they balk at it, no sale.
Cover Your Azz.



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