I would go with the best example Culver Cadet you find for sale and not be concerned about the engine choice as much.
My Cadet has the 4AC-199 and I was a bit worried about parts availability before making the purchase (I learned a lesson after trying to find parts for a Lycoming 0-290D on my Pacer, it now has a 0-320).
The Franklin engine hasn't skipped a beat in 44.4 hours of operation since Feb 16th. The fuel burn is low, 3.5-4.0gph. The engine is balanced and smooth. Oil consumption is minimal. Only parts purchased so far were spark plugs,which I was warned before hand are pricey, at $44 each.
The Franklin engine owners are a pretty tight family and seem to be willing to help with tools and parts. There are 3 or so suppliers here in the USA and the Franklin Engine company (out of Poland) has started producing new parts, camshafts, crankshafts, pistons, etc.
Southern Aero is a rebuilder and supplier of Franklin engines, located in Thomasville, NC. The A&P IA, Robert Stills, did a Franklin engine forum at Sun n Fun this year and it was quite encouraging.
Hopefully someone with Franklin and Continental experience in the Culver Cadet can give comparison feedback, should be interesting!
Happy Easter to you as well!
Best regards,
Joe