Allow me to suggest an order of operation ...
If it IS a 675
First thing I'd do is make sure the axle is still straight,
once that's done fix the axle keyways, then check/replace bearings.
if it's a 6
05, then the right wheel is a freewheel and only the left one is driven anyways.
(should be fairly obvious once you removed the right wheel from the stub/axle)
After that has been done I think A thorough check of the frame would be next IMHO
(no cracks, front axle beam, bushings, steering, spindles etc...)
and fix what needs fixing.
Then it'd be time to crack open the engine check if anything is in need of a replacement
and if so, what replacement parts would cost vs what a new predator would cost to make a final decision on the engine.
The mounting plate was meant to take a 6horse tecumseh power sport,
the predator is a drop in replacement for that, the sprockets of a cent clutch should line up nicely.
Apart from the predator having a very short shaft (which is making things a bit more difficult)
all you should need is maybe a spacer behind the clutch for good sprocket alignement.
At worst you need to make a small shaft extension (3/4" keyed shaft hollow drilled for the fixing bolt and cut to length)
you are likely going to need one of those to securely mount the TC you are thinking about getting.
In case your clutch is shot and you have a live axle kart.. do not buy a cent clutch, instead step up to the TC directly. (IMHO!)
it's well worth it and since TCs are cheap these days there's no real reason to buy a 30 dollar cent clutch any longer.
Also check the axle sprocket for wear and replace it if it's not in perfectly good shape!
reason being, you are about to install a new clutch/TC sprocket and a new chain.
if you have a worn sprocket on the axle, it will prematurely wear the chain down which in turn eats away on the TC sprocket and as a result none is actually holding as long as it should.
testfit the engine clutch and chain to see if you need additional spacers or need to move the engine or whatever.
Once all testfitting has been done and confirmed,
it's time to strip, sand, primer and paint the frame
make/buy seat paddings if you want to
and finally install freshly socked wheels.
that way you shouldn't need to touch anything more than once before painting,
wheels last since having a roller during painting stage is convenient and you don't ruin perfectly good tyres with primer or paint
'sid