The way they've set the jack shaft mount looks interesting. I assume the motor hung below that???
No tooling to speak of, but the main bones look present and accounted for. Is there a tool holder? They came with the traditional rocker/lantern style, but an OXA sized quick change tool post will also fit. It's nice to have, but not necessary. If you hope to do much threading, you might want to get the rest of the change gears for the lathe.
Nice stand too.
The spindle thread is 1" x 8tpi. right now, i think the absolute best deal on a chuck is with Taig tools. They have 3-1/4" scroll chucks (both 3 and 4 jaw) for this lathe on clearance for $20 each. It's a good size for this machine. They produced a custom run of these and got stuck with them - hense the fire sale price. I didn't need any chucks, but could not pass this deal up and got one of each. They are US made, steel chucks. Very good quality with replaceable aluminum soft jaws. More than worth the money, and it'll get you up and running quite cheaply.
If the headstock bushings need replacing, they're not expensive and easy to swap out. One of the pair (i think it's the chuck side of the spindle) is a length that 's not standard and is difficult to find (also a bit pricey). The same i.d. / o.d. bushing is readily available as a standard size a bit longer than you need. Get one of those and trim it down. The length is not a critical dimension here, so a careful cut with a hacksaw will do if you don't have another lathe to trim it exactly.
Other than that, barring missing/broken pieces or a badly worn bed, it looks like you'd be up and running quickly with little expense.
I have one of those lathes and like it quite a bit. It's a solid performer for a small lathe.
Have fun with it.